According to CoinCu, the Federal Reserve is set to announce its interest rate decision on Thursday, September 21, followed by a press conference. The Chicago Mercantile Exchange (CME) currently indicates a 99% likelihood of no change in interest rates. Market participants will be closely watching the Federal Reserve Chairman's speech for insights into future economic trends.

Recent reports suggest that there is a divergence of opinions among Federal Reserve officials, with some expressing concerns over inflation and others advocating for a temporary halt in rate hikes. The timing of potential rate increases is also a topic of debate, with some analysts speculating on a 25 basis points increase in the upcoming meeting, potentially pushing the interest rate target range to 5.25-5.50%.

In previous statements, Federal Reserve Vice Chair for Supervision, Michael S. Barr, emphasized the need for caution and oversight in the development of central bank digital currencies (CBDCs) and stablecoins.