Next week's macroeconomic outlook: interest rate cuts are no longer a problem, and CPI data may stimulate a 50 basis point drop

Huoxun Finance News, September 6, the financial market has been changing this week. Affected by the disappointing U.S. non-farm payroll data, expectations of a Federal Reserve rate cut have increased, while U.S. stocks and cryptocurrencies remain volatile, but next week may be a critical node. Looking ahead to next week, investors will be closely watching CPI data, which will influence the Fed's path for rate cuts, the ECB's interest rate decision, and the release of key candidates for the next Fed chair. The following are key market indicators for the new week: Monday at 11:00 PM: US New York Fed one-year inflation forecast for August; Tuesday at 10:00 PM: US preliminary 2025 non-farm payroll benchmark change; Wednesday at 9:30 AM: China's August CPI annual rate; Wednesday at 8:30 PM: US August PPI data; Thursday at 8:15 PM: ECB interest rate decision; Thursday at 8:30 PM: US August CPI data and US initial jobless claims for the week ending September 6; Thursday at 8:45 PM: ECB President Christine Lagarde's monetary policy press conference; Friday at 10:00 PM: US preliminary one-year inflation forecast for September and preliminary September University of Michigan Consumer Confidence Index. A 25 basis point rate cut at the Fed's September meeting is almost certain. Less uncertain is the pace of subsequent rate cuts, with some market pundits betting on a surprise 50 basis point cut on September 17.