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.

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Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC.
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Trader Peter Tuchman smiles as he works on the floor of the New York Stock Exchange after the market opening in New York, December 23, 2013.