The Federal Reserve Board, the central bank of the United States, will hold a regular meeting from the 25th.
With record inflation continuing, the Fed is increasingly looking to raise rates in March, and the focus is on what the path will be for this meeting.
At a meeting last December, the Fed decided to move the end of quantitative easing measures, which it had continued to respond to the crisis of the new coronavirus, to March, and to zero, which is another pillar of current monetary easing. Regarding the interest rate policy, he announced that he would cancel the policy and proceed with raising interest rates.
In the United States, consumer prices have continued to rise at record levels for the first time in 39 years, and Chairman Powell said on the 11th of this month, "No more aggressive monetary easing measures are needed." The policy is to hurry to tighten.
As a result, there is growing belief in the financial markets that the Fed will launch its first rate hike in March.
The Fed's meeting, which will be held from the 25th to the 26th, is expected to focus on how to tighten monetary policy, taking into account the economic impact of the mutant virus Omicron strain.
The focus will be on the outcome of the meeting, which will be announced early on the 27th of Japan time, and the growing interest in the market for Chair Powell's remarks, which will guide the way towards a rate hike.