SUMMARY
Congress is home for the runup to Election Day. Members seeking re-election and many others have an interest in US employment reports at week’s end. Until then, Fed speakers, UK’s dynamic duo, EU finance ministers, and plenty of G7 economic activity measures fill the void. The politics of UK fiscal policy will be on display as the Conservative Party’s autumn conference begins tomorrow. EU finance ministers also get back to work in Luxembourg tomorrow morning on macroeconomic policy, heavily influenced by energy market realities, making consensus difficult to achieve.
Plenty has been written about Putin’s latest signs of insecurity. David Ignatius recommends in a recent Washington Post opinion piece allowing more time for further flailing. Donald Trump’s swipe at Mitch McConnell and his wife along with differences over old and new disaster aid signal that the next five weeks will be loud and pointed as US voters prepare for November 8 midterms.
OUTLOOK (all times eastern daylight unless noted)
Monday
9:00 a.m., Atlanta Fed Bank President Raphael Bostic opens the Bank’s two-day conference on tech-enabled disruptions.
12:00 p.m., New York Fed Bank President John Williams appears on a lunch panel sponsored by the US Hispanic Chamber.
12:30 p.m., Chicago Fed Bank President Charles Evans speaks at a Bank event on payment systems.
2:15 p.m., Kansas City Fed Bank President Esther George speaks at the Chicago Fed payments conference.
Mainland China exchanges closed all week for Golden Week.
Tuesday
9:00 a.m., New York Fed Bank President Williams opens and closes a symposium on building culture in the new workplace.
9:00 a.m., Dallas Fed Bank President Lorie Logan speaks at the Atlanta Fed “Disruptions” conference.
9:15 a.m., Cleveland Bank President Loretta Mester speaks at the Chicago Fed payments conference.
San Francisco Fed Bank President Mary Daly addresses the Council on Foreign Relations, New York City
Warsaw Security Forum annual two-day meetings.
Wednesday
4:00 p.m., Atlantic Fed Bank President Bostic discusses inflation at a Northwestern University event.
Thursday
8:00 a.m., Executive director for markets Andrew Hauser discusses the BoE’s balance sheet.
1:00 p.m., Fed Board Governor Lisa Cook’s inaugural economic outlook speech occurs at the Peterson Institute, Washington, D.C.
2:00 p.m., Chicago Fed Bank President Evans addresses the Illinois Chamber of Commerce.
Friday
10:00 a.m., New York Fed Bank President Williams holds a fireside chat with moderated Q&A at SUNY Buffalo.
