Fed Officials to Speak Next Week as Nonfarm Payrolls Remain Unavailable
Multiple Federal Reserve officials are scheduled to speak next week, beginning Tuesday at 01:00 Beijing time with San Francisco Fed President Mary Daly, Jin10 reports. The speeches come as Chair Powell's recent remarks prompted markets to reconsider the likelihood of a December rate cut. Nonfarm payrolls data will not be released next week as the U.S. Bureau of Labor Statistics enters its second month of government shutdown. JOLTS job openings and Challenger layoff figures will receive heightened attention in the absence of the usual employment report. Additional Fed speakers include New York Fed President Williams on Friday at 00:00 and 16:00, Cleveland Fed President Hammack at 01:00, Philadelphia Fed President Harker at 05:30, and St. Louis Fed President Musalem at 06:30 Beijing time.