The Fed entered its premeeting communications blackout on September 5 US Eastern time, lasting through September 17. With officials pausing public monetary-policy commentary, markets' assessment of the September meeting would depend more on forthcoming inflation data.

As of the morning of September 7, Beijing time, the weekend had brought no new policy statement or official communication. The latest pricing still referenced the September 4 close: CME FedWatch put the probability of a 25 basis-point hike on September 16 at around 58%. A hike would raise the federal funds target range from 3.50%–3.75% to 3.75%–4.00%. This probability reflected Friday's expectations, rather than a new weekend shift.

PPI and CPI release dates preceding the September FOMC meeting.
Original Chinese illustration · English guideFederal Reserve blackout-period calendar. Timeline: September 10, August PPI; September 11, August CPI; September 15–16, FOMC meeting. The bottom note says to watch changes in inflation. The Fed building and three markers illustrate the sequence rather than policy outcomes.

The two key premeeting releases were August PPI on September 10 and August CPI on September 11. They would help markets assess whether price pressure persisted, particularly whether core inflation could continue easing, and adjust rate-hike expectations accordingly.

The FOMC meeting was scheduled for September 15–16. The policy statement, economic projections and dot plot would be released on September 16, followed by a press conference. US equity and cash Treasury markets were closed for Labor Day on September 7; the next trading day was September 8.