As the date of the Fed's monetary policy decision approaches, the financial markets are closely following various economic indicators. In the coming week, several key data points will provide important references for decision-making.

On Monday, consumer credit data will reveal changes in household credit demand, reflecting consumer vitality and providing clues for assessing inflation risks.

On Tuesday, the NFIB Small Business Index will reflect the operating conditions of small and medium-sized enterprises in the United States, particularly the pressures related to hiring and wages, which are crucial for understanding the relationship between the labor market and inflation.

The PPI and core PPI data on Wednesday, as leading indicators of inflation, will assist in analyzing price changes in the upstream of the industrial chain and predicting the trend of consumer price in the downstream. The results of the 10-year government bond auction on the same day will reflect market demand for medium to long-term government bonds, affecting overall liquidity in the financial market.

The CPI and core CPI released on Thursday are key inflation indicators that the Fed closely follows, directly affecting the direction of monetary policy. At the same time, unemployment claims data will reflect the tightness of the labor market in real-time.

This data will collectively outline the overall picture of the US economy and provide important evidence for the upcoming Fed decision. Market participants should closely follow these indicators to better anticipate policy direction and market reactions.