Weekly Outlook: FOMC and Jobs

The monthly index on farm prices is released later Monday. The big news of the week, however, will come from the combination of the latest FOMC meeting Tuesday, and the release of jobs figures on Friday. Both will give a key indication on whether the Fed will bump up interest rates in December.

Economic Calendar

Monday:

Farm Prices 3:00 PM ET

Tuesday:

FOMC Meeting Begins 8:00 AM ET

Construction Spending 10:00 AM ET

Wednesday:

ADP Employment Report 8:15 AM ET

Gallup U.S. Job Creation Index 8:30 AM ET

FOMC Meeting Announcement 2:00 PM ET

Thursday:

Jobless Claims 8:30 AM ET

Bloomberg Consumer Comfort Index 9:45 AM ET

Friday:

Employment Situation 8:30 AM ET

Atlanta Federal Reserve President Dennis Lockhart Speech 8:30 AM ET

Dallas Federal Reserve Bank President Rob Kaplan Speech 12:00 PM ET

Links

Wind is the New Corn for Struggling Farmers (Bloomberg)

Farmers have new grain storage solutions (Successful Farmer)

Mexico making oil data available for first time (FuelFix)

General Electric Pursues Deal with Baker Hughes (Wall Street Journal)

Banks Likely to Lose Passporting With Brexit? (Bloomberg)

Economists Disagree on Some Basic Facts about America’s Weak Economy (Financial Times)

Renewable energy overtake coal as world’s largest source of power capacity (Financial Times)

Merger Deals Set Monthly Record, Even as Election Looms (Wall Street Journal)

 

OpenMarkets is an online magazine and blog focused on global markets and economic trends. It combines feature articles, news briefs and videos with contributions from leaders in business, finance, economics and politics in an interactive forum designed to foster conversation around the issues and ideas shaping our industry.

Additional Recent Articles in News