According to PANews, with the end of the Federal Reserve's 'quiet period,' investors will closely monitor the statements of Federal Reserve officials next week. If the officials do not commit to the possibility of another significant rate cut this year, the dollar may rebound, potentially dragging gold prices lower. However, if officials hint at considering another 50 basis point rate cut in the November meeting, the dollar may struggle to find support. Here are the key macroeconomic events to watch next week:
On Monday at 20:00 UTC+8, Atlanta Fed President Raphael Bostic, a 2024 FOMC voting member, will speak on economic prospects. Later at 22:15 UTC+8, Chicago Fed President Austan Goolsbee, a 2025 FOMC voting member, will participate in a fireside chat. On Tuesday at 01:00 UTC+8, Minneapolis Fed President Neel Kashkari, a 2026 FOMC voting member, will deliver a speech.
On Tuesday at 22:00 UTC+8, the U.S. September Conference Board Consumer Confidence Index will be released. On Thursday at 21:10 UTC+8, Boston Fed President Susan Collins will host an online meeting on central bank regulation and financial inclusion, with Fed Governor Lisa Cook attending. At 21:20 UTC+8, Fed Chair Jerome Powell will deliver a pre-recorded opening speech for an event. At 21:25 UTC+8, New York Fed President John Williams, a permanent FOMC voting member, will speak. At 22:30 UTC+8, Fed Governor Michael Barr will give a speech.
On Friday at 01:00 UTC+8, Minneapolis Fed President Neel Kashkari and Fed Governor Michael Barr will engage in a fireside chat. Finally, at 21:30 UTC+8, Boston Fed President Susan Collins and Fed Governor Lisa Cook will deliver speeches.