5 Developments to Watch Next Week – FED Comments
The U.S. economic calendar is mild for a week in which the holiday will be shortened as unemployment claims numbers may receive more attention than usual after the big loss in Friday's jobs report, while producer price inflation figures take the top bill. Comments from Federal Reserve officials will also be in focus after the disappointing August employment report. Here's what you need to know about Fed comments to start the week, in a series of 5 developments to watch for next week.
2.Fed Comments
Market participants will await any new leads from Federal Reserve officials following Friday's disappointing employment report.
While Federal Reserve Chairman Jerome Powell said last week that achieving full employment is a prerequisite for the central bank to begin curbing asset purchases, the labor market remains a key milestone for the Fed.
Dallas Fed Chairman Robert Kaplan will also deliver a speech on Wednesday. New York Fed Chairman John Williams, who is seen close to Jerome Powell, will talk about the economic outlook at an event Wednesday next week.
Robert Kaplan will speak again on Thursday. Chicago Fed Chairman Charles Evans, Boston Fed Chairman Eric Rosengren and Minneapolis Fed Chairman Neel Kashkari will also meet on Thursday.
Source:
Investing.com
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5 Developments to Watch Next Week - US Data