Wall Street Braces for Fed Rate Decision Amid Inflation Pressures

The upcoming week is crucial for the US stock market as investors worldwide closely watch the Federal Reserve's interest rate decision and key economic data.

The central bank's two-day policy meeting concludes on Wednesday, potentially setting the direction for Wall Street.

Persistent inflation has complicated the Fed's task, raising questions over whether policymakers will keep rates unchanged or signal another increase.

August retail sales data will also be released during the week, providing another important indication of the economy's health.