Global financial markets are positioning for a pivotal session as the Federal Reserve prepares to announce its latest interest rate decision.

The announcement marks a critical juncture for investors, who are closely watching for signals on the central bank's future policy path.

The Federal Open Market Committee (FOMC) is set to announce its decision following a two-day meeting.

The central bank’s policy move is expected to be closely scrutinized for any shifts in tone regarding inflation and economic growth.

Prior to the rate decision, markets will also digest new inflation data.

The sequence of releases—CPI figures followed by the Fed's verdict—creates a high-stakes environment for traders managing exposure to US Treasuries, equities, and the dollar.