The calendar included Fedspeak
, the Beige Book and the trade report.
from Jackson Hole: KC's George said she doesn't believe the economy needs more accommodation, in various interviews from Jackson Hole.
is in something of a blackout period now ahead of next week's Jackson Hole Symposium, where the topic is "Challenges to Monetary Policy."
Chances for the latter have been eroded by the hotter CPI and PPI, as well as some Fedspeak
where the dovish voter Bullard said he doesn't believe a more aggressive cut is warranted.
is out of its blackout period and Chair Powell headlines a list of key players who will be at the podium on Tuesday.
There's also support from month-end, as well as Fedspeak
, which are underpinning both ends of the curve.
There was nothing new from Fedspeak
, and the only data was the third tier Chicago Fed National Activity index.
There was also some dovish, but not unexpectedly so, Fedspeak
from Brainard and Kashkari.
from Williams and Bostic reiterated the economy is in a good place.
is very heavy today, though the message should be mostly the same as relayed by Fed Chair Powell.
There is Fedspeak
from the dovish voter Evans who will discuss monetary policy and the economy.
remains on tap, along with the 30-year bond auction.