According to Jinshi Data, Swedish Nordic Bank SEB said that the minutes of the Federal Reserve's September meeting will be released at midnight on Thursday, Eastern Time 8. In addition to the interest rate cut, the September meeting also obtained new economic forecasts, pointing out that the US economy will have a soft landing in 2026, with economic growth of around 2% and inflation close to the target level.

Rate forecasts indicate two 25 basis point cuts by the end of this year and a 100 basis point cut in 2025. It will be interesting to see what the minutes say about the pace of future rate cuts and what factors could trigger faster rate cuts. The discussion about long-term rates and when and where they might bottom will also become more interesting given that the rate cut cycle has now begun.