Outlook for next week: The Federal Reserve leads the "Super Central Bank Week", Powell holds a monetary policy press conference

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MarsBit
09-15
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Mars Finance News: 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 Wall Street Journal reporter 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 risen significantly to "50-50". There will be many key events next week:

At 20:30 on Monday, the New York Fed Manufacturing Index for September will be released; At 20:30 on Tuesday, the monthly rate of retail sales in August will be released by the US; At 14:00 on Wednesday, the monthly rate of CPI and the monthly rate of retail price index in August will be released by the UK; 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 will hold a monetary policy press conference; At 20:30 on Thursday, the number of initial jobless claims in the US for the week ending September 14 and the September Philadelphia Fed Manufacturing Index will be released by the US; 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 will hold a monetary policy press conference.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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