87% Chance Fed Raises Rates Tomorrow

Federal Reserve: The Federal Reserve is the central bank of the United States responsible for conducting monetary policy, supervising financial institutions, and promoting financial stability through tools such as interest rate adjustments. As the entity overseeing the Federal Open Market Committee, it holds regular meetings to assess economic conditions and set the target range for the federal funds rate. In this news context, it is the institution whose upcoming policy decision is the focus of market probability assessments regarding a potential rate increase. Policy Meeting: The Federal Open Market Committee is scheduled to conclude its two-day meeting with a rate decision announcement on September 16, 2026. Inflation Focus: Elevated inflation relative to the Fed's 2 percent target has been a key factor influencing recent policy discussions and expectations. Chair Leadership: Kevin Warsh serves as the current Chair of the Federal Reserve, guiding the committee's approach to monetary policy decisions.