Federal Open Market Committee
This is the third time in a row for Fed to raise interest rates against the background of its struggle with the US soaring inflation due to the Ukraine crisis and its impacts on world economies.
The dollar slipped to a more than one-week low against the yen on Wednesday, pressured by worries over possible delays to Trump's tax reform plans.
Gold prices tread lower on Wednesday as the dollar steadied, with investors awaiting minutes from the U.S. Federal Reserve's last meeting in July .