Fed's September FOMC Meeting: Interest Rate Decision and Dot Plot in Focus

The Federal Reserve's September FOMC meeting is set to take place from Tuesday to Wednesday (September 15-16), with key events including the interest rate decision and dot plot. The dot plot, a chart reflecting FOMC participants' assessments of appropriate interest rate levels, will be released at 2:00 p.m. on September 16, followed by a press conference at 2:30 p.m.

U.S. Treasury yields and the U.S. Dollar Index could move higher if the dot plot shows an upward shift in future interest rates compared to June projections, putting pressure on high-valuation tech stocks. Conversely, if the median rate shifts downward or if the policy statement and press conference deliver dovish signals, market risk appetite may receive support.

On Wednesday (September 16), the U.S. will release August retail sales alongside import and export price indices at 8:30 a.m., followed by July business inventories at 10:00 a.m. Retail sales data reflect nominal sales by U.S. retail and food services firms, serving as an important indicator for tracking changes in goods consumption and certain services consumption.