PANews reported on September 15 that 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 has reversed rapidly since Thursday. At that time, former New York Fed Chairman Dudley said that the Federal Reserve had reason to cut interest rates by 50 basis points next week. The reporter of the Wall Street Journal, known as the "Federal Reserve News Agency", and the Financial Times also reported that the Federal Reserve was facing a difficult choice of cutting interest rates by 50 basis points or 25 basis points. Subsequently, the market's bet on the Federal Reserve's large-scale interest rate cut next week has significantly risen 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 economic expectations;
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.
