Super heavyweight week is coming! Focus on the Middle East conflict, the Fed interest rate decision, and "terrifying data" will be making an appearance.

monitor the tone of the statement and any signals about future rate hikes or cuts. The release of the Summary of Economic Projections (SEP) and the "dot plot" (which outlines policymakers' expectations for future rate movements) will also be closely watched. Ultimately, the Federal Reserve's actions and statements will have a significant impact on market sentiment and investor confidence in the coming week.Focus on the economic forecast summary and Chairman Powell's press conference to look for clues about the Federal Reserve's first rate cut this year. Trading pricing shows that the probability of a rate cut in September is about 80%, and the expectation of a cumulative rate cut of less than 50 basis points by the end of the year has been fully digested.During the meeting, the market expects the Fed to cut interest rates twice in 2025, consistent with the median forecast released by the central bank in March. However, significant changes in tariff policy have since taken place, making any adjustments to the Fed's outlook a particular focus of attention. Ryan Sweet, chief U.S. economist at Oxford Economics, wrote in a preview report to clients, "Any changes to the chart data will contradict the central bank's recent 'wait and see' stance."