The Federal Reserve leads the central banks' super week, Powell will have his debut.

The Federal Reserve will announce its interest rate decision on Wednesday, with the policy stance of the new Federal Reserve Chairman Kevin Wash considered the key focus of this meeting. Market pricing data from the London Stock Exchange Group shows a very low probability of a rate hike by the Federal Reserve this week. However, influenced by recent employment data, the resilience of the U.S. economy, and energy price shocks from the Middle East conflict, market expectations for further rate hikes by the Federal Reserve later this year have slightly increased. The latest data shows that overall inflation in the United States rose to 4.2% year-on-year in May, but core inflation fell to 0.2% month-on-month, a larger drop than market expectations. Fitch Ratings' U.S. economic director Olu Sonola stated in a research report that the high overall inflation at the time of the new Federal Reserve Chairman's assumption of office undoubtedly poses a challenge, but it is not currently expected to trigger an emergency rate hike. Core inflation overall remains in a manageable range, giving the Federal Reserve room to maintain interest rates unchanged for some time. In terms of data, industrial output data for May will be released on Monday, the New York Fed's June manufacturing index on Tuesday, May new housing starts data on Wednesday, May retail sales and pending home sales for existing homes in May on Wednesday, and initial jobless claims for the current week on Thursday.