Analysis: Tonight Powell may "moderately" hint at the Fed's interest rate cut in October.

On September 17, Goldman Sachs economist David Mericle stated in a report: "The key question for the September Federal Open Market Committee meeting is whether the committee will signal that this is likely the first in a series of consecutive rate cuts. The statement is expected to acknowledge the weakness in the labor market, but we do not believe that the policy guidance will change or hint at a rate cut in October. However, Chairman Powell may gently suggest this direction during the press conference." Mericle expects that the "dot plot" will show two rather than three rate cuts, although the advantage is not significant. In fact, Powell's wording during the post-meeting press conference is often more important than the Federal Open Market Committee's statement. Along with the statement and the dot plot, there will also be updated forecasts from officials on GDP, unemployment rate, and inflation. (Jin10)