Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning, today is Tuesday, September 19th, and I'm your host Julie Morgan.

It's day one of the two-day FOMC meeting,

Insta-card prices its IPO at the high end,

and Carrier is considering creating a stand-alone company

out of its fire unit.

It's day one of the two-day FOMC policy meeting.

The Federal Open Market Committee is widely expected to keep rates where they are when it releases its decision on

Wednesday. You've probably noticed that almost all Fed officials in their remarks have

been repeating Fed Chair Jerome Powell's mantra of higher for longer.

We're also keeping an eye out for the summary of economic projections.

The SEP will offer a view of how high the Central Bank may go and for how long.

But keep in mind that the projections do not represent decisions on a rate path.

Rather, they reflect individual Fed members' expectations of how the economy and policy will unfold.

As usual, there are some wild carts to watch out for.

Uncertainty always looms over the Fed's economic outlook,

but Powell may emphasize that fact even more during his press conference given the recent auto workers strike and a potential government shutdown.

We're interested in your opinion on this topic is the Federal Reserve done hiking

interest rates in 2023 and 2024. There's a link to the Wall Street breakfast survey in show notes.

Instagard priced its initial public offering at $30 per share at the top of the previously stated

range giving it a valuation of $10 billion.

Insta Kart boosted the range for its IPO to $28 to $30

...