Foreign Ministry spokesperson Guo Jiakun said at a Sept. 17 briefing that on Sept. 16 Wang Yi met in Beijing with Brazil presidential chief special adviser Amorim, who handed Wang a letter from President Lula to Xi. Guo said that under the strategic leadership of both heads of state, China‑Brazil relations have advanced from a comprehensive strategic partnership toward a community with a shared future, and that Xi and Lula keep close communication, reflecting high-level political mutual trust.

Market pricing and policy risk: Markets largely price a 25bp Fed hike in September, with a failure to raise seen as a significant dovish surprise. Vote dynamics: watch for dissent risk — the meeting could see votes for holding or for a larger 50bp increase rather than a unanimous decision. Inflation narrative: how the FOMC frames energy’s contribution to inflation — as a temporary shock or more persistent — will shape whether any hike is viewed as one-off. Dot plot and rate path: if the Fed hikes 25bp, focus on whether the dot plot implies additional hikes this year and whether hikes resume in 2027; the June SEP showed one hike in 2026 and a cut in 2027. Projections and guidance: monitor whether the Fed again omits or alters forward-rate projections and whether the Summary of Economic Projections revises inflation, growth or unemployment forecasts to justify policy moves. Press‑conference topics likely to move markets: the rationale for any hike and whether more are planned; assessment of long-end yields and Treasury buyback/issuance operations; views on potential U.S.-Japan joint intervention in the yen; any private communications with the White House and potential public political reaction; the Fed’s view on AI-related risks; and progress on five Fed working groups.

美联储主席沃什：失业率仍然较低，就业岗位和工作时长正在增加。经济具有韧性。