Fed Officials to Share Economic Outlook as Rate Cut Speculation Builds
AI Brief
According to BlockBeats, several Federal Reserve officials are set to deliver speeches next week, potentially offering fresh signals on the trajectory of interest rate cuts.
Monday: At 21:45 UTC+8, New York Fed President John Williams, a permanent FOMC voter, will speak on monetary policy and the economic outlook. At 22:00, St. Louis Fed President Mussailem, a 2025 FOMC voter, will discuss the U.S. economy and policy direction.
Tuesday: At 00:00 UTC+8, Cleveland Fed President Hamark (2026 FOMC voter) will address the U.S. economy, followed by Richmond Fed President Thomas Barkin (2027 voter). Later at 22:00, Atlanta Fed President Raphael Bostic (2027 voter) will share his economic perspective.
Thursday: At 04:10 UTC+8, San Francisco Fed President Mary Daly (2027 voter) will speak, followed by Chicago Fed President Austan Goolsbee (2025 voter) at 20:20. At 21:00, Williams will give the opening remarks at the Fourth Annual Conference on the International Role of the Dollar.
Friday: Fed Governor Michael Barr will address bank stress tests at 01:00 UTC+8, Daly will speak again at 03:30, Barkin at 21:00, and Governor Michelle Bowman will conclude the week at 22:00.
Macroeconomic Data Releases
On Thursday, key U.S. data will be released, including weekly jobless claims (for the week ending Sept 20), the final Q2 GDP growth rate, Q2 real personal consumption expenditures, the core PCE price index (Q2), and August durable goods orders. On Friday at 22:00, the final September University of Michigan consumer sentiment index and one-year inflation expectations will be published.
Market Outlook
Analysts note that after the Fed’s recent decision, investor focus is shifting back to inflation figures. Next week’s spotlight will be on the Fed’s preferred gauge, the Personal Consumption Expenditures (PCE) Price Index. Economists broadly expect August PCE to point toward a renewed rise in inflation, which may validate the Fed’s rate-cut move this fall.
