The Federal Reserve Board, the central bank of the United States, will hold a two-day meeting to decide monetary policy from the 26th.
Following last month's move to a 0.75% rate hike for the first time in about 27 and a half years, it is expected to decide on a significant rate hike, and attention will be focused on the future impact on the US economy.
In the United States, prices are rising in a wide range of fields due to rising energy prices and rising wages due to labor shortages.
Last month's consumer price index rose 9.1% compared to the same month last year, a record level for the first time in about 40 and a half years.
Under these circumstances, the Fed will hold a meeting to decide monetary policy on the 26th and 27th.
To curb inflation, last month's meeting decided to raise rates significantly by 0.75% for the first time in about 27 and a half years.
It is expected that the rate will be raised significantly this time as well, and there are many opinions in the market that the rate will be raised by 0.75%, as it was last month.
Meanwhile, the Fed lifted its zero interest rate policy in March and has decided to raise interest rates three times in a row.
It has been pointed out that the rapid rate hike may be affecting personal consumption and economic activity.
At a press conference after the meeting, Chair Powell's remarks will be focused on whether the Fed can curb inflation without causing a significant slowdown in the economy.