Key Economic Events and Fed Officials' Speeches This Week

Upcoming Federal Reserve Engagements: What to Expect

This week (from October 9, 2023) promises to be crucial for the U.S. economy as several Federal Reserve officials are scheduled to speak and key macroeconomic data will be released. Investors are keenly watching these developments, particularly in light of recent monetary policy strategies and inflation dynamics.

Key Dates and Speeches

Mark your calendar for the following events that could shape market expectations regarding interest rate movements:

• Tuesday, October 10
  
  • 1:05 AM UTC+8: Neel Kashkari, President of the Minneapolis Fed, will engage in a Q&A at the Bank Holding Company Association’s fall seminar.
  • 6:00 AM UTC+8: Raphael Bostic, President of the Atlanta Fed, will address economic outlooks.
  • 6:30 AM UTC+8: James Bullard, President of the St. Louis Fed, will speak on monetary policy.
  • 3:00 PM UTC+8: Fed Governor Michelle Bowman will present at an ECB event.
• Wednesday, October 11
  
  • 12:45 AM UTC+8: Raphael Bostic will repeat a discussion on economic outlook.
  • 4:00 AM UTC+8: Susan Collins, Boston Fed President, will speak at a community banking conference.
  • 8:00 PM UTC+8: Bostic will offer welcome remarks at another event.
  • 9:15 PM UTC+8: Lorie Logan from the Dallas Fed will discuss the economy.
  • 10:30 PM UTC+8: Opening remarks by Austan Goolsbee at the Chicago Payments Symposium.
• Thursday, October 12
  
  • 12:15 AM UTC+8: Thomas Barkin, President of the Richmond Fed, will give insights.
  • 2:00 AM UTC+8: Release of the Fed's monetary policy meeting minutes.
  • 5:00 AM UTC+8: Susan Collins will speak again.
  • 6:00 AM UTC+8: Mary Daly, President of the San Francisco Fed, will present.
  • 8:30 PM UTC+8: Release of U.S. September CPI data and initial jobless claims.
  • 10:30 PM UTC+8: Fireside chat with Thomas Barkin.
  • 11:00 PM UTC+8: John Williams will discuss economic outlook and policy.
• Friday, October 13
  
  • 8:30 PM UTC+8: U.S. September PPI data will be published.
  • 9:45 PM UTC+8: Austan Goolsbee and Michelle Bowman at the Annual Community Bankers Symposium.
  • 10:00 PM UTC+8: Release of preliminary October inflation expectations and Consumer Sentiment Index.
  • 10:45 PM UTC+8: Lorie Logan will participate in a panel.

Market Implications

As we dive into this week, the significance of the Federal Reserve officials' speeches cannot be understated, as they hold the potential to impact interest rate expectations dramatically. With attention being paid to inflation data, the outcome of these discussions may lead to reassessments in the markets, focusing on risk assets and the prospect of rate changes in the upcoming months.

Conclusion

Keep an eye on these events as they unfold, as they may provide valuable insights into the future direction of monetary policy and the economic landscape in the U.S. Investors and market watchers alike will be analyzing the information released to gauge the future of interest rates.