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Next week will be a very exciting week!
On Monday, there may be the first round of voting in the U.S. Senate on the Federal Reserve Chair nomination of the nominee—Vance. Will Vance be approved by the Senate?
On Tuesday, the U.S. releases CPI data—will CPI further intensify?
MSCI index quarterly adjustments are announced (global assets of over $10 trillion track or benchmark against MSCI indices). Which assets will be removed from the MSCI index? Which will be added?
From Wednesday to Thursday (Beijing time: Thursday to Friday), Trump visits China. Will China mediate in the U.S.-Iran agreement?
On Thursday: Chairman Powell’s term expires. But the other board members’ terms have not expired yet—will he continue serving as a Federal Reserve Board member?
On Friday: Under normal circumstances, Vance will take office. (For now, the Senate has not voted yet, and there is still a week left.) If Vance doesn’t complete the process, Powell may temporarily serve as acting chair. Will Vance take office on time?