US Federal Reserve's monetary policy meeting will begin on the 19th, and what it will say about the timing of interest rate cuts will be in focus. Most of the market view is that the policy rate will be left unchanged for the fifth consecutive meeting.

The focus is on what Chairman Powell will say in his post-meeting press conference about when to start lowering interest rates. Last month's consumer price index in the United States, released last week, rose 3.2% compared to the same month last year.