On September 20, local time, the minutes of the Fed's latest monetary policy meeting showed that the Fed decided to slow the pace of interest rate hikes in September, keeping the target range for the federal funds rate at 5.25% to 5.Between 50%。Federal Reserve Chairman Powell said at a press conference after the day's meeting that there is "a long way to go" to control inflation, and the Fed will focus on the risks posed by high inflation to the United States in the coming time.。Since March 2022, the Fed has raised interest rates 11 times intensively to curb high inflation, raising them from near zero to 5.25% to 5.5%, the highest level in 22 years。