Odaily reports, according to CME's "FedWatch": After the Fed raised rates as expected in September, the probability that the Fed will keep rates unchanged at 3.75%-4.00% at its October meeting is 59.5%, the probability of a 25 basis point rate hike is 40.1%, and the probability of a 50 basis point rate hike is 0.5%. The probability that the Fed will keep rates unchanged at 3.75%-4.00% by December is 16.7%, the probability of a cumulative 25 basis point rate hike is 54.0%, the probability of a cumulative 50 basis point rate hike is 28.9%, and the probability of a cumulative 75 basis point rate hike is 0.3%. (Jinshi)

Odaily News: Federal Reserve Chair Warsh stated that the FOMC is not confident that inflation is moving toward the target level, and the current policy focus remains on the inflation side of the Fed's mandate.

Warsh said that at the July meeting, the FOMC unanimously agreed that inflation remains too high and expressed willingness to take action. In addition, Warsh did not submit a dot plot this time.

Odaily News: FOMC members broadly agree that current monetary policy conditions are not restrictive. The Fed is currently in good shape regarding its employment objective, but inflation has persistently remained above target over the past five years.

Warsh emphasized that the Fed's primary focus at present is price stability, as inflation remains too high and has persisted for too long.

According to Gate data, gold (XAUUSD) has fallen to $4,300/oz, now trading at $4,291.07/oz, down 0.3% in 24 hours.

Odaily reports that the Federal Reserve has broadly revised up its federal funds rate projections; both this year's PCE and core PCE inflation expectations have been raised, with inflation expected to return to the 2% target level by 2029; meanwhile, GDP growth expectations for this year and next have been revised up, while unemployment rate expectations have been revised down.

Odaily News: According to OKX market data, ZEC extended its rally to set another all-time high, briefly breaking above $1,385. It is now trading at $1,334, with an intraday gain exceeding 18%.

Odaily News: KPMG Chief Economist Diane Swonk stated that the Fed's move this time signals the start of a rate-hike cycle.

Swonk also noted that wage growth is currently slowing across industries, including AI.

According to Gate data, the US dollar against the Japanese yen (USDJPY) has risen above 155.5, currently at 155.514, with a 24-hour gain of 0.2%.

Odaily News: The Federal Reserve implemented its first rate hike in three years on the 17th, and its dot plot median forecast shows one rate hike this year and rates unchanged in 2027. New projections show rates will decline in 2028 and remain between 3.5% and 3.75% in 2029. Previously, in its June projections, the Fed expected a 25 basis point rate hike this year and one rate cut in 2027. The Fed also raised its longer-run federal funds rate forecast to 3.2%, compared with 3.1% in the June projection. Among the 19 policymakers, 18 submitted rate outlook projections, strongly suggesting that Fed Chair Warsh, as he did in June this year, did not provide specific projections. The Fed's projections also show that policymakers now expect inflation to be generally higher this year and in the coming years. (Jinshi)

Odaily News: The Federal Reserve's FOMC statement continues to retain the wording "inflation remains elevated" while removing the previous statement that "inflation is partly due to supply shocks."

Odaily reports: The Federal Reserve announced today (the 17th) a 25 basis point rate hike, the first increase in 2026. The Fed's latest dot plot shows that 18 of 19 officials submitted dot plot projections (consistent with June), with 16 of them believing that rates should be raised again this year. Specifically, 4 officials believe there should be a cumulative 75 basis point rate hike in 2026 (1 in June), 12 officials believe there should be a cumulative 50 basis point rate hike (5 in June), 2 officials believe there should be a cumulative 25 basis point rate hike (3 in June), 0 officials believe rates should remain unchanged at 3.5%-3.75% this year (8 in June), and 0 officials believe there should be a cumulative 25 basis point rate cut (1 in June). (Jinshi)

Odaily reports that the Fed's latest FOMC economic projections show that the median GDP growth forecasts for 2026 through 2028 are 2.3%, 2.4%, and 2.2%, respectively, compared with the previous forecasts of 2.2%, 2.3%, and 2.2%.

The latest dot plot shows that 12 of 18 officials expect one more 25 basis point rate hike in 2026, 4 expect two more hikes, and 2 expect no further rate increases this year.

According to Odaily, the median of the Federal Reserve's dot plot indicates one additional rate hike in 2026. (Jinshi)

Odaily reports that the Federal Reserve raised interest rates by 25 basis points, lifting the benchmark rate to 3.75%-4.00%, marking the first rate hike since July 2023 and matching market expectations, after the Fed had held rates steady for five consecutive meetings.

Odaily reports: Earlier this month, the verified Reddit account of streaming service HBO Max was hijacked by hackers, who deployed 108 malicious ads over approximately 48 hours, tricking Mac and Windows users into executing commands to install infostealer malware.

The malware can steal browser credentials, Telegram data, Apple Notes, saved passwords, and crypto wallet recovery phrases, and may also alter wallet addresses in the clipboard. Reddit has suspended the relevant ads and launched a security investigation. The number of infections and crypto asset losses have not yet been confirmed. (Decrypt)