What you need to know before the Fed rate decision: The last increase?

If the US Federal Reserve (Fed) raises interest rates by 25 basis points this evening in line with expectations, the point reached by the rate will be the highest level in the last 22 years. The question that investors are wondering is what the chairman of the institution, Powell, will say about the future and whether the rate hikes will end... Nick Timiraos, the journalist of the Wall Street Journal, known as the "Fed reporter", gives important information on the subject.
The day we've been waiting for for weeks has arrived. The Fed will announce its interest rate decision at 9 PM tonight. Markets expect the US central bank to raise interest rates by 25 basis points. While treasury bonds and stocks are falling before the interest rate decision, gold is rising. After the sharp decline in cryptocurrencies, especially Bitcoin, on Monday, the horizontal course continues.
If the Fed increases by 25 basis points as the markets expect, it will have pulled the interest rate range to 5.25-5.50%. This rate will be recorded as the highest level since January 2001.
More important than the interest rate decision will be the messages Powell will give at the 21.30 press conference. Has the interest rate hike come to an end, or can it still be continued? The answer to this question will be sought in Powell's sentences. A clear message that the rate hike is over is not expected. Because inflation is still above the 2% target, which is often repeated by Powell. Additionally, Fed officials are forecasting an additional two-quarter point increase this year, as we learned from the June FOMC meeting minutes.
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