Federal Reserve officials will make intensive speeches and release the minutes of the monetary policy meeting next Thursday.

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ODAILY
08-17
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Odaily Odaily reported that the market will usher in several important events next week, 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 deliver an opening speech at the summer seminar on currency, banking, payments and finance; at 1:35 on Wednesday, 2024 FOMC voting member and Atlanta Fed President Bostic will deliver 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 speak on the economic outlook at the Jackson Hole Annual Meeting. In addition, the US August S&P Global PMI data will be released on Thursday night next week. If the data is unexpectedly weak, market concerns about the US 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)

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