Tech Insider

All eyes are on the Fed today as officials ready their decision on what could be the final rate hike of the cycle. 

As of last night, traders assigned a 82% probability to a 25 basis-point increase, while they see an 18% chance of no change at all. 

We'll hear from central bank chief Jerome Powell today at 2 p.m. ET, shortly after the policy announcement. 

Below, we're covering everything to know for the big day.

Tech Insider : Economy
Federal Reserve Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on February 01, 2023.
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Jerome Powell speaks at a Fed meeting
Federal Reserve Board Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S., July 27, 2022.
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A man holds up dollar bills in a money exchange office in Istanbul, Turkey.
A man holds up dollar bills in a money exchange office in Istanbul, Turkey.