US Fed meeting, Sept. 17 -- Even though the market appears to have fully priced in a 25-basis-point rate cut, the outcome of the US Federal Open Market Committee's (FOMC) September meeting remains a key event for global markets. Investors are eager to see how the Fed assesses the evolving mix of a cooling job market and sticky inflation.

The recent macroeconomic prints in the US have raised concerns that the world's largest economy is heading for a phase of slowdown. The jobs market is losing steam, while inflation remains well above the Fed's 2 per cent target.

Data showed that the US unemployment rate jumped to 4.3 per cent in August, up from 4.2 per cent in July. US job growth was at 22,000 in August, sharply dropping from 79,000 in ...