The BlockBeats report, on August 17, next week, the market will face several important events, including speeches by Federal Reserve officials. Among them: 21:15 on Monday, Federal Reserve Board Member Bullard will deliver the opening speech at the summer seminar on currency, banks, payments, and finance; at 1:35 on Wednesday, 2024 FOMC voter and Atlanta Fed President Bostic will deliver a speech; at 2:00 on Thursday, the Fed will release the minutes of the monetary policy meeting; on Thursday, the annual meeting of the Jackson Hole Global Central Bank will be held; at 22:00 on Friday, Federal Reserve Chairman Powell will deliver a speech on the economic outlook at the Jackson Hole meeting. In addition, the PMI data for August will be released in the US on Thursday evening next week. If the data unexpectedly weakens, concerns about the US entering a recession may intensify, leading traders to increase their bets on a larger rate cut by the Federal Reserve later this year.
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The BlockBeats report, on August 17, next week, the market will face several important events, including speeches by Federal Reserve officials. Among them: 21:15 on Monday, Federal Reserve Board Member Bullard will deliver the opening speech at the summer seminar on currency, banks, payments, and finance; at 1:35 on Wednesday, 2024 FOMC voter and Atlanta Fed President Bostic will deliver a speech; at 2:00 on Thursday, the Fed will release the minutes of the monetary policy meeting; on Thursday, the annual meeting of the Jackson Hole Global Central Bank will be held; at 22:00 on Friday, Federal Reserve Chairman Powell will deliver a speech on the economic outlook at the Jackson Hole meeting. In addition, the PMI data for August will be released in the US on Thursday evening next week. If the data unexpectedly weakens, concerns about the US entering a recession may intensify, leading traders to increase their bets on a larger rate cut by the Federal Reserve later this year.