The Fed could deliver the final rate hike of a historically aggressive cycle today. Here's what to know.

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.

The Fed is focused on inflation and the banking jitters won't stall its interest-rate increases, Jim Bianco says

Tech Insider
Jim Bianco is holding is hand up in front of his face.
Jim Bianco, head of Bianco Research LLC.

Reuters

'The market is getting impatient': Here's what investors are looking for at the Fed's upcoming policy meeting

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.

Kevin Dietsch/Getty Images

Here's what Jerome Powell's critics and defenders have been saying as the Fed gets ready to possibly raise rates for the last time in the current cycle

Tech Insider
Jerome Powell
Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the U.S. Federal Reserve in Washington, U.S., November 28, 2017.

Joshua Roberts/Reuters

Elon Musk has called out the Fed more than 20 times for hiking interest rates too much. Here's a roundup of his attacks on the central bank.

Tech Insider
Elon Musk
Elon Musk.

Brendan McDermid/Reuters

The housing market downturn will send home prices 5% lower and help push the economy into a recession

Tech Insider
A single family home is shown for sale in Encinitas, California May 22, 2013. REUTERS/Mike Blake
Single family home is shown for sale in Encinitas

Thomson Reuters

Bank reserves could fall by $2.5 trillion as the Fed reduces its balance sheet, Fitch Ratings says

Tech Insider : Economy
Fed Chair Jerome Powell
Federal Reserve Chair Jerome Powell.

Win McNamee/Getty Images

Investors see a US recession ahead, sticky inflation, and more rate hikes from the Fed, JPMorgan says

Tech Insider : Economy
Federal Reserve Chair Powell Speaks At The Brookings Institution
Federal Reserve Chairman Jerome Powell.

Drew Angerer/Getty Images

LinkedIn's top economist explains the AI trend that could mark a tipping point - and the under-the-radar labor market shifts unfolding now

Tech Insider : Economy, Technology
Guy Berger, LinkedIn Head of Macroeconomics
Guy Berger, LinkedIn's head of macroeconomics

LinkedIn

The Fed is winning its war on inflation — and it means America could avoid a painful recession

Tech Insider : Economy, Politics
Jerome Powell smiles after taking the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System at the Federal Reserve Building in Washington, DC, on May 23, 2022.
Jerome Powell smiles after taking the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System at the Federal Reserve Building in Washington, DC, on May 23, 2022.

OLIVIER DOULIERY/AFP v

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