The Federal Reserve Board of the United States will hold a two-day meeting to decide on monetary policy starting on the 19th.
Most of the market view is that the policy rate will be left unchanged for the fifth consecutive meeting, and the focus is on what Chairman Powell will say in his post-meeting press conference about when to start lowering interest rates.
Last month's consumer price index in the United States, released last week, rose 3.2% compared to the same month last year.
Although the rate of increase has fallen to about one-third of its peak, it is still above the Fed's 2% target.
Against this backdrop, the Federal Reserve will hold a two-day meeting to decide on monetary policy starting on the 19th.
More than 95% of the market expects the Federal Reserve to keep interest rates unchanged for the fifth consecutive meeting.
Meanwhile, on the 7th of this month, Chairman Powell stated in the U.S. Senate, ``It will not be long before we can be confident that the inflation rate will reach 2% sustainably,'' and in a press conference after this meeting, he spoke about when to start lowering interest rates. The focus is on how to speak.
Participants will also present their outlook for policy interest rates at the meeting.
Will there be any changes to the expected number of interest rate cuts this year, which was announced last December, and whether there will be a reduction or end to the ``quantitative tightening'' that has been implemented since the year before, to reduce holdings of financial assets such as government bonds? It is also interesting to see whether there will be any direction towards this.