PANews News on September 15, according to Jinshi, after the US CPI report was released earlier this week, the market almost believed that the Federal Reserve would slightly cut interest rates by 25 basis points this month, but the situation reversed sharply from Thursday. At that time, former New York Fed President Dudley said that the Fed had reason to cut interest rates by 50 basis points next week. A reporter from the Wall Street Journal known as the "Fed News Agency" and the Financial Times also reported that the Fed was faced with whether to cut interest rates by 50 basis points or 25 basis points. After making a difficult decision, the market's bets on the Federal Reserve's sharp interest rate cut next week significantly increased to "50-50". There will be many key events next week:
At 20:30 on Monday, the US New York Fed Manufacturing Index for September;
Tuesday 20:30, U.S. August retail sales monthly rate;
At 14:00 on Wednesday, the UK August CPI monthly rate and the UK August Retail Price Index monthly rate;
At 2:00 on Thursday, the Federal Reserve will announce its interest rate decision and a summary of its economic forecasts;
At 2:30 on Thursday, Federal Reserve Chairman Powell held a monetary policy press conference;
At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending September 14 and the Philadelphia Fed Manufacturing Index for September;
At 11:00 on Friday, the Bank of Japan will announce its interest rate decision;
At 14:30 on Friday, Bank of Japan Governor Kazuo Ueda held a monetary policy press conference.
