According to Wu Shuo, last week's U.S. non-farm data for September far exceeded expectations, boosting confidence in a "soft landing" for the economy, so the market has correspondingly lowered expectations for the extent of interest rate cuts this year; this week's focus will be on the U.S. September CPI and the minutes of the Federal Reserve meeting.
This week's key events & indicators (time is in Eastern Time Zone 8):
October 8
2025 FOMC voting member, St. Louis Fed President Moussallem speaks on economic outlook and monetary policy (06:30)
The Reserve Bank of Australia releases the minutes of its September monetary policy meeting (08:30)
October 9
2024 FOMC voting member and Atlanta Fed President Bostic speaks on the economic outlook (00:45)
New Zealand Reserve Bank rate decision on October 9 (09:00)
2026 FOMC voting member, Dallas Fed President Logan speaks on the current economic situation (21:15)
October 10
The Federal Reserve releases the minutes of its monetary policy meeting (02:00)
US September unadjusted CPI annual rate (20:30)
Number of initial jobless claims in the United States for the week ending October 5 (10,000 people) (20:30)
October 11
US PPI annual rate in September (20:30)
