Next week's outlook: Federal Reserve leads "Super Central Bank Week", Powell holds monetary policy press conference
On September 15th, according to Jin Ten, after the US CPI report was released earlier this week, the market almost believed that the Federal Reserve would cut interest rates slightly by 25 basis points this month, but the situation has reversed rapidly since Thursday. At that time, former New York Federal Reserve President Dudley said that the Federal Reserve had reasons to cut interest rates by 50 basis points next week. The Wall Street Journal reporter who is known as the "Federal Reserve News Agency" and the Financial Times also reported that the Federal Reserve was facing a difficult choice of 50 basis points or 25 basis points. Then the market's bet on the Federal Reserve's sharp interest rate cut next week rose significantly to "50-50". There will be many key events next week:
Monday at 20:30, the US September New York Federal Reserve Manufacturing Index;
Tuesday at 20:30, the monthly rate of retail sales in the United States in August.
Wednesday at 14:00, the monthly rate of the UK CPI in August and the monthly rate of the UK Retail Price Index in August;
On Thursday at 2:00, the Federal Reserve released a summary of interest rate decisions and economic expectations.
On Thursday at 2:30, Federal Reserve Chairperson Powell held a press conference on monetary policy.
Thursday at 20:30, the number of initial jobless claims in the United States for the week ending September 14, and the Philadelphia Federal Reserve Manufacturing Index for September.
On Friday at 11:00, the Bank of Japan announced its interest rate decision.
On Friday at 14:30, Bank of Japan Governor Kazuo Ueda held a monetary policy press conference.