Central Banks to Hold Key Meetings Amid U.S. Government Shutdown

According to BlockBeats, the upcoming week will see several central banks, including the Federal Reserve, European Central Bank, and Bank of Japan, holding interest rate meetings. This comes as the U.S. government continues its shutdown, resulting in fewer significant data releases from the United States. On Thursday at 02:00 UTC+8, the Federal Reserve will announce its interest rate decision, followed by a monetary policy press conference with Fed Chair Jerome Powell at 02:30 UTC+8. On Friday, Dallas Fed President Logan, a 2026 FOMC voting member, is scheduled to speak at 01:15 and again at 21:30 UTC+8. Powell is expected to announce a 25 basis point rate cut but is unlikely to significantly alter his future policy stance until there is a clearer understanding of inflation and the labor market. Given recent trade tensions and the ongoing government shutdown, Powell and his colleagues may adopt a slightly dovish tone, though not excessively so. Even dovish members like Waller are hesitant to commit to a series of rate cuts in advance. If the Fed questions the market's expectation of a 100 basis point rate cut after October, traders may face increased disappointment.