PANews reported on September 20th that Wall Street concluded its much-anticipated Federal Reserve Week, with U.S. stocks hitting record highs as the prospect of further interest rate cuts boosted corporate earnings and risk appetite. Despite calls for a temporary reprieve after the S&P 500 rebounded nearly $15 trillion from its April low, bullish sentiment still prevailed. Here are the key points the market will focus on in the new week: At 21:45 on Monday, FOMC permanent voting member and New York Fed President Williams will deliver a speech on monetary policy and economic outlook; At 10:00 PM on Monday, St. Louis Fed President and 2025 FOMC voting member Moussallem will deliver a speech on the U.S. economic outlook and monetary policy. At 00:00 on Tuesday, Hammack, a 2026 FOMC voting member and President of the Cleveland Fed, will deliver a speech on the U.S. economy; Barkin, a 2027 FOMC voting member and President of the Richmond Fed, will deliver a speech on the economic situation; At 10:00 PM on Tuesday, Atlanta Fed President and 2027 FOMC voting member Bostic will deliver a speech on the economic outlook. At 04:10 on Thursday, Daly, the 2027 FOMC voting member and President of the San Francisco Fed, will deliver a speech; At 20:20 on Thursday, Goolsbee, a 2025 FOMC voting member and president of the Chicago Fed, will deliver a speech; At 9:00 PM on Thursday, FOMC permanent voting member and New York Fed President John Williams delivered a welcome speech at the Fourth Annual Conference on the International Role of the US Dollar. At 01:00 on Friday, Federal Reserve Board Governor Barr will deliver a speech on bank stress testing; At 03:30 on Friday, Daly, the 2027 FOMC voting member and President of the San Francisco Fed, will deliver a speech; At 9:00 PM on Friday, Barkin, a 2027 FOMC voting member and president of the Richmond Fed, will deliver a speech. Federal Reserve Board Governor Bowman will deliver a speech at 22:00 on Friday. While the Federal Reserve implemented a 25 basis point rate cut as expected, the newly released dot plot suggests only two more rate cuts this year, signaling a slower pace of easing. This stands in stark contrast to the market's previous expectations of an aggressive easing path. Marc Chandler of Bannockburn Forex noted that the market had been pricing in a more dovish Fed, but the relatively tighter stance has forced a recalibration of market strategies.

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