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Macro outlook for next week: Fed's' quiet period 'ends, multiple FOMC members will deliver intensive speeches

2024-09-21 13:24

According to a report by JinShi, as the Fed's "quiet period" comes to an end, investors will closely monitor the statements of Fed officials next week. If Fed officials refuse to commit to the possibility of another significant interest rate cut this year, the US dollar may rebound and drag down gold. But if Federal Reserve officials reveal that they are considering another 50 basis point rate cut at their November meeting, the US dollar may find it difficult to find support. Here are the macro events worth paying attention to next week: On Monday at 20:00, the 2024 FOMC voting committee and Atlanta Fed Chairman Bostic delivered a speech on the economic outlook; On Monday at 22:15, 2022, FOMC voting committee member and Chicago Fed Chairman Goolsby attended a fireplace talk; On Tuesday at 01:00, Kashkari, the chairman of the Minneapolis Fed and a member of the FOMC voting committee, delivered a speech; Tuesday 22:00, Consumer Confidence Index of the September Conference Board in the United States; On Thursday at 21:10, Boston Fed President Collins will host an online meeting on central bank regulation and financial inclusion, with Federal Reserve Governor Kugler in attendance; At 21:20 on Thursday, Federal Reserve Chairman Powell pre recorded a video to deliver the opening speech for an event; At 21:25 on Thursday, FOMC Permanent Voting Committee and New York Fed Chairman Williams delivered a speech; At 22:30 on Thursday, Federal Reserve Governor Barr delivered a speech; On Friday at 01:00, Kashkari, the chairman of the Minneapolis Fed and a member of the FOMC voting committee, had a fireplace conversation with Fed Governor Barr; On Friday at 21:30, the 2025 FOMC voting committee, Boston Fed Chairman Collins, and Federal Reserve Governor Cugler delivered speeches;

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