Federal Reserve Officials' Upcoming Speeches and CPI Data Release to Impact Market Expectations

According to BlockBeats, several Federal Reserve officials are scheduled to deliver speeches next week, with particular attention on Federal Reserve Chair Jerome Powell's address on Friday. This comes in the wake of the latest Federal Reserve policy statement, which omitted previous references to progress on inflation and increased confidence in achieving targets. Instead, the statement highlighted the dual risks of employment and inflation. Investors are advised to closely monitor the officials' perspectives on the potential return of former President Trump and whether the Federal Reserve might pause interest rate cuts in the future. Additionally, the United States Consumer Price Index (CPI) data for October is set to be released on Wednesday at 21:30 UTC+8. This data is expected to significantly influence market expectations regarding interest rate cuts. The CPI figures will provide insights into inflation trends, which are crucial for shaping monetary policy decisions. Market participants are keenly awaiting these developments to gauge the Federal Reserve's future policy direction and its implications for the economy.