1. Fed's Williams – 22:05 Beijing Time, September 22nd. This speech is noteworthy because Williams is a key member of the FOMC, and it comes less than a week before the September rate hike. His previous stance has been relatively cautious. Williams' previous logic was: inflation is expected to continue to decline → no need for excessive tightening for now → but if inflation deviates from the 2% path again, a rate hike is possible. Therefore, the market will pay close attention if he discusses whether inflation is accelerating again, oil prices, the labor market, and the next FOMC meeting on Tuesday.
2. Fed's Williams – 16:10 Beijing Time, September 24th. This time it will be a chaired discussion + Q&A session, rather than a prepared speech. The New York Fed has explicitly stated that there will be a Q&A session. So from a trading perspective, this may be more noteworthy than September 22nd.
Fed's Williams may provide more direct information.
3. Fed's Williams – 17:15 Beijing Time, September 25th. The topic is: Policy Panel. There will also be a chaired Q&A session. The schedule released by the New York Federal Reserve shows that this discussion will be held online. Therefore, Williams will actually have three public appearances this week.
