The European central bank has raised interest rates by 25 bps
Hopefully the FED will continue to hold interest rates at the FOMC on September 20 and not change its decision at the last minute.
The problem is that the FED has a chance of holding interest rates at 97% at the FOMC meeting on September 20.
Rising oil prices and triggering an increase in inflation could make the FED raise interest rates again at the November FOMC meeting