The Fed's first show in Washington is coming, and the market expects the Fed to stand pat.

On the 16th local time, the two-day Federal Reserve interest rate meeting was held in the capital of the United States, Washington D.C. This was also the first time Kevin Wash chaired the interest rate meeting after assuming the position of Federal Reserve Chairman. In addition to the interest rate decision announced on the 17th local time, the market is also closely watching the press conference after the interest rate meeting, where Wash will make statements on U.S. inflation, the job market situation, and economic prospects. According to the schedule, on the afternoon of the 17th local time, which is early morning on the 18th Beijing time, the Federal Reserve will announce the interest rate decision. It is widely expected that the Federal Reserve will remain unchanged this time. Analysts point out that as the US and Iran are about to sign a memorandum of understanding, with energy prices falling, the market is hopeful of easing inflation pressures. However, this also means that Wash will have to strike a balance between easing inflation and reducing political pressure to lower interest rates.