Wall Street currently anticipates a more than 60% probability of the Federal Reserve raising interest rates at its September 16, 2026 meeting, up from 41.4% a week ago. This shift follows hawkish remarks by Federal Reserve Chairman Warsh at the Jackson Hole Symposium. Analysts believe that while Micron Technology's earnings report, due September 30, could significantly impact its stock price, the Federal Reserve's interest rate decision may have a greater shock, as it influences investor confidence in the sustainability of current strong memory profits.