At 2 AM tonight, will the Fed pull the rate hike trigger?

Odaily News: At 2 AM Beijing time on Thursday, the Federal Reserve will announce its interest rate decision, followed by a press conference by Warsh. Market pricing puts the probability of a 25 basis point rate hike at over 90%, while oil prices have already risen above $100, and the 10-year U.S. Treasury yield has broken through the key psychological threshold of 5%. The real focus of this meeting may not be whether to hike, but whether the dot plot is more hawkish, how the subsequent path is described, and what signals will be released at the press conference. Market volatility may intensify sharply at that time, and investors are advised to be aware of the risks. (Jinshi)