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Federal Reserve officials will make intensive speeches and release the minutes of the monetary policy meeting next Thursday.
2024-08-17 13:12:13
Odaily News Next week, the market will usher in several important events, among which Federal Reserve officials will also make intensive speeches next week. Among them: at 21:15 on Monday, Federal Reserve Board member Waller will give an opening speech at the summer seminar on money, banking, payments and finance; at 1:35 on Wednesday, 2024 FOMC voting member and Atlanta Fed President Bostic will give a speech; at 2:00 on Thursday, 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; at 22:00 on Friday, Federal Reserve Chairman Powell will give a speech on the economic outlook at the Jackson Hole Annual Meeting. In addition, the August S&P Global PMI data for the United States will be released on Thursday night next week. If the data is unexpectedly weak, market concerns about the United States falling into a recession may intensify and cause traders to increase their bets that the Federal Reserve will cut interest rates by a larger margin this year, which will be a blow to the US dollar. (Jinshi)