Federal Reserve officials will speak intensively next week and will release the minutes of the monetary policy meeting on Thursday

2024-08-17 21:15:53
Collection

ChainCatcher news, according to Jinshi reports, next week the market will face several important event nodes, during which Federal Reserve officials will also make a series of speeches. Among them:

  • Monday at 21:15, Federal Reserve Governor Waller will deliver the opening speech at the summer seminar on currency, banking, payments, and finance;
  • Wednesday at 1:35, 2024 FOMC voting member and Atlanta Fed President Bostic will speak;
  • Thursday at 2:00, the Federal Reserve will release the minutes of the monetary policy meeting;
  • On Thursday, the Jackson Hole Global Central Bank Annual Meeting will be held;
  • Friday at 22:00, Federal Reserve Chairman Powell will speak on the economic outlook at the Jackson Hole Annual Meeting.

In addition, on Thursday evening next week, the U.S. August S&P Global PMI data will be released. If the data unexpectedly shows weakness, concerns about a recession in the U.S. may intensify, leading traders to increase bets that the Federal Reserve will cut interest rates more significantly within the year, which would be a blow to the dollar.

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