According to news on September 15, after the U.S. CPI report was released earlier this week, the market was almost certain that the Federal Reserve would slightly cut interest rates by 25 basis points this month. However, the situation changed sharply from Thursday. At this time, former New York Fed President Dudley claimed that the Fed was justified in cutting interest rates by 50 basis points next week, while reporters from the Wall Street Journal, known as the "Fed News Agency" and the Financial Times also reported that the Fed was facing a 50 basis point interest rate cut. Still a tough call at 25 basis points. Subsequently, the market's bets on the Federal Reserve's sharp interest rate cut next week significantly increased to "50-50".
Next week brings many key events:
At 20:30 on Monday, the US New York Fed Manufacturing Index for September will be released;
At 20:30 on Tuesday, the monthly retail sales rate for August in the United States was released;
At 14:00 on Wednesday, the UK August CPI monthly rate and the UK August retail price index monthly rate will be released;
At 2:00 on Thursday, the Federal Reserve releases a summary of its interest rate decision and 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 will be released;
At 11:00 on Friday, the Bank of Japan announced its interest rate decision;
At 14:30 on Friday, Bank of Japan Governor Kazuo Ueda held a monetary policy press conference. #美降息25个基点预期升温