According to CoinMeta, Federal Reserve Chairman Jerome Powell indicated a preference for raising interest rates by 25 basis points. Taking moderate action in the near term will reduce the likelihood of having to take more aggressive measures in the future. FOMC One cannot rely on unexpected shocks to achieve goals. Monetary policy has not stifled the economy, and inflation has not developed towards the 2% target. Inflation risks are on the rise, while the robust job market is slightly strengthening.