According to ChainCatcher, Jinshi reported that Federal Reserve officials will make frequent statements next week, which the market may use to further determine the pace of the Fed's interest rate cuts. The specific schedule is as follows:
At 9:45 PM on Monday, FOMC permanent voting member and New York Fed President John Williams will deliver a speech on monetary policy and the economic outlook . At 10:00 PM, 2025 FOMC voting member and St. Louis Fed President Joseph Musallem will deliver a speech on the U.S. economic outlook and monetary policy.
At 12:00 AM on Tuesday, 2026 FOMC voting member and Cleveland Fed President Hammack will speak on the U.S. economy; 2027 FOMC voting member and Richmond Fed President Barkin will speak on the economic situation; and at 10:00 PM, 2027 FOMC voting member and Atlanta Fed President Bostic will speak on the economic outlook.
Thursday at 4:10 AM, 2027 FOMC voting member and San Francisco Fed President Mary Daly will deliver a speech; 2025 FOMC voting member and Chicago Fed President John Goolsbee will deliver a speech; 21:00, permanent FOMC voting member and New York Fed President John Williams will deliver a welcome address at the Fourth Annual Conference on the International Role of the Dollar.
At 01:00 on Friday, Federal Reserve Board Governor Barr will deliver a speech on bank stress testing; at 03:30, 2027 FOMC voting member and San Francisco Fed President Mary Daly will deliver a speech; at 21:00, 2027 FOMC voting member and Richmond Fed President Barkin will deliver a speech; at 22:00, Federal Reserve Board Governor Bowman will deliver a speech.
Regarding macroeconomic data, at 8:30 PM on Thursday, the US will release initial jobless claims for the week ending September 20, final figures for the second quarter real GDP annualized quarterly rate, final figures for the second quarter real personal consumption expenditures quarterly rate, final figures for the second quarter core PCE price index annualized quarterly rate, and the August durable goods orders monthly rate. At 10:00 PM on Friday, the final figures for the University of Michigan Consumer Confidence Index for September and the final figures for the one-year inflation forecast for September will be released.
Market sentiment suggests that following the Fed's decision, the focus will return to inflation data. Next week, investors' attention will shift entirely to the Fed's preferred inflation indicator: the Personal Consumption Expenditures (PCE) price index. Next week's inflation data may confirm the wisdom of the Fed's decision to cut interest rates this fall. Economists generally predict that the August PCE will show a resurgence in inflation.
