Federal Reserve Officials to Address Economic Outlook Amid Rate Cut Speculations

According to BlockBeats, Federal Reserve officials are scheduled to deliver a series of speeches next week, which may provide insights into the pace of potential interest rate cuts. On Monday, New York Federal Reserve President Williams, a permanent FOMC voting member, will discuss monetary policy and economic prospects at 21:45 UTC+8. At 22:00, St. Louis Fed President Mussailem, a 2025 FOMC voting member, will speak on the U.S. economic outlook and monetary policy. On Tuesday, Cleveland Fed President Hamark, a 2026 FOMC voting member, will address the U.S. economy at 00:00 UTC+8, followed by Richmond Fed President Barkin, a 2027 FOMC voting member, discussing economic conditions. At 22:00, Atlanta Fed President Bostic, also a 2027 FOMC voting member, will speak on economic prospects. Thursday's schedule includes San Francisco Fed President Daly, a 2027 FOMC voting member, speaking at 04:10 UTC+8, and Chicago Fed President Goolsbee, a 2025 FOMC voting member, at 20:20. Williams will deliver a welcome address at the Fourth Annual Conference on the International Role of the Dollar at 21:00. On Friday, Fed Governor Barr will discuss bank stress tests at 01:00 UTC+8, followed by Daly at 03:30 and Barkin at 21:00. Fed Governor Bowman will speak at 22:00. In terms of macroeconomic data, Thursday will see the release of U.S. initial jobless claims for the week ending September 20, the final annualized quarterly rate of U.S. Q2 GDP, the final quarterly rate of U.S. Q2 real personal consumption expenditures, the final annualized quarterly rate of the U.S. Q2 core PCE price index, and the monthly rate of U.S. durable goods orders for August. On Friday at 22:00, the final September University of Michigan consumer sentiment index and the final September one-year inflation rate expectations will be announced. Market analysts suggest that following the Federal Reserve's decision, attention will shift back to inflation data. Next week, investors will focus on the Fed's preferred inflation measure, the Personal Consumption Expenditures Price Index (PCE). The upcoming inflation data may confirm whether the Fed's decision to cut rates this fall is justified. Economists generally anticipate that the August PCE will indicate a resurgence in inflation levels.