US: Fed speak in focus - TDS

Research Team at TDS, suggests that the US Labour Market Conditions Index is the only scheduled release for the day, though a speech by Kansas City Fed President Esther George will likely garner more attention.

Key Quotes

“President George was the lone dissenter at the March and April meetings, before moving back to the consensus in June; George will be speaking at 10:00 EST in Missouri. As the lone true hawk on the committee, anything less than a hawkish tone from George will reinforce the recent dovish tilt by the Fed and underscore the challenges of hiking in the near-future.”