Economic calendar in Asia 16 October 2024 – Fed’s Bostic speech

At 1900 US Eastern time Federal Reserve Bank of Atlanta President Raphael Bostic participates in a moderated conversation on the economic outlook and impact on small business

Bostic last week:

• Bostic is at it again – suggests ‘totally comfortable’ with a November Fed pause

As I said on Bostic last week, he was the first to sound the alarm earlier this year resulting in expectations for the FOMC going from 6, or 7, rate cuts this year, to their pausing all the way to September.

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You’ll notice also New Zealand CPI data due. Inflation is expected to have continued to drip lower. The RBNZ is now into its easing cycle. An upside surprise for inflation may well give traders thoughts of the RBNZ dially back their expected pace of rate cuts.

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
• I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing.

This article was written by Eamonn Sheridan at www.forexlive.com.