FOMC to Announce Interest Rate Decision on September 17 at 3 a.m. KST

The Federal Reserve's Federal Open Market Committee (FOMC) is set to announce the outcome of its September meeting at 3 a.m. KST on September 17. A press conference is scheduled for 3:30 a.m. KST following the decision. CoinGecko anticipates that this meeting will provide clues regarding future interest rate paths. The Fed's official schedule lists the September FOMC meeting as taking place over two days, September 15-16.

AP reports that while markets expect a rate hike, President Trump has reportedly advocated for either a rate cut or hold. Kevin Warsh, Federal Reserve Chair, warned last month that inflation remains above the Fed's 2% target, suggesting potential rate increases may be necessary.