The announcement of the Federal Reserve's meeting on September 20th did not give financial markets what they were hoping for. Instead, the Fed's 12 economists forecast one more rate rise before the end of the year. In the press conference held later, Fed Chairman Powell's answer to the press conference was platitudes, ambiguous on key issues, lack of clear guidance on the future direction of monetary policy, and the expressed policy intention to keep interest rates Higher for a longer period of time (Higher for longer) scared investors.