The Federal Reserve is expected to initiate an interest rate cut cycle during its upcoming policy meeting, with a 25 basis point reduction anticipated. This move follows recent mild CPI and PPI inflation reports and a rise in initial jobless claims. The decision, set to be announced on Thursday, could significantly influence market trends for the remainder of the year. Key economic indicators will be released throughout the week, including the US September New York Fed manufacturing index on Monday, and the monthly rates of U.S. retail sales and import prices for August on Tuesday. The Federal Reserve's interest rate decision and economic forecasts will be unveiled on Thursday, followed by a press conference with Chairman Powell. Market expectations suggest a 25 basis point cut at each of the remaining three meetings this year, with a slim 7% chance of a 50 basis point cut.