Several significant economic events are scheduled for next week in the United States, which could provide crucial insights into the country's economic health. Observers should pay close attention to these key events: On Tuesday at 01:00 UTC+8, Federal Reserve Chairman Jerome Powell will deliver a speech at the National Association for Business Economics, which is expected to reflect on current monetary policies and their implications for the economy.
Later that day, at 22:00 UTC+8, the ISM Manufacturing PMI for September will be released, providing essential data on manufacturing activity and sector health. At 23:00 UTC+8, 2024 FOMC voting member and Atlanta Fed President Raphael Bostic, along with Federal Reserve Governor Lisa Cook, will co-host a meeting that may offer insights into the Fed's future policy directions. On Wednesday at 06:15 UTC+8, Bostic will join Richmond Fed President Thomas Barkin and 2025 FOMC voting member Susan Collins for a panel discussion.
This event will likely explore the impacts of current economic policies on regional growth. At 20:15 UTC+8, the ADP employment numbers for September will be announced, serving as a critical measure of job creation within the private sector. Following this, at 21:00 UTC+8, Cleveland Fed President Loretta Mester, a 2024 FOMC voting member, will give a speech.
This will be an important opportunity for the market to gauge her perspective on recent economic developments. At 22:05 UTC+8, St. Louis Fed President James Bullard, a 2025 FOMC voting member, will deliver opening remarks at an event, likely touching upon the Fed's stance on interest rates. At 23:00 UTC+8, Federal Reserve Governor Michelle Bowman will also speak, providing additional context on the Fed's approach to inflation and economic recovery. On Thursday at 20:30 UTC+8, the initial jobless claims for the week ending September 28 will be released, giving analysts further data to assess the labor market's recovery.
Later, at 22:40 UTC+8, Minneapolis Fed President Neel Kashkari and Atlanta Fed President Raphael Bostic will engage in a fireside chat on inclusive economics, a topic increasingly relevant to both policymakers and the public. Finally, on Friday at 20:30 UTC+8, the non-farm payrolls for September will be published, along with the unemployment rate for the month.
At 21:00 UTC+8, New York Fed President John Williams, a permanent FOMC voting member, will deliver opening remarks at a New York Fed event, closing out a week of critical economic discourse..