Outlook for Next Week: Federal Reserve Leads "Super Central Bank Week" as Powell Holds Monetary Policy Press Conference

According to Jinshi: Next week, the global financial landscape will be heavily influenced by key central bank decisions and economic data releases, led by the Federal Reserve. Following the U.S. CPI report earlier this week, market sentiment leaned toward a slight 25 basis point interest rate cut by the Fed. However, that expectation shifted on Thursday when former New York Fed Chairman William Dudley suggested a potential 50 basis point cut. Both the Wall Street Journal and Financial Times echoed this uncertainty, pointing out that the Federal Reserve faces a difficult choice between a 25 or 50 basis point cut, leading markets to now bet evenly on either outcome.Here are the key events to watch next week:Tuesday (20:30 UTC): U.S. August retail sales monthly rate report.Wednesday (14:00 UTC): U.K. August CPI and retail price index monthly rate reports.Thursday (2:00 UTC): Federal Reserve interest rate decision and summary of economic expectations.Thursday (2:30 UTC): Federal Reserve Chairman Jerome Powell's monetary policy press conference.Thursday (20:30 UTC): U.S. initial jobless claims and Philadelphia Fed manufacturing index for September.Friday (11:00 UTC): Bank of Japan interest rate decision.Friday (14:30 UTC): Bank of Japan Governor Kazuo Ueda’s monetary policy press conference.These events will likely shape market movements and investor sentiment for the coming weeks.