Analysts at TD Securities point out that the Fed’s Brainard will deliver a speech on the economy and monetary policy at 12:45 ET which will be followed by an audience Q&A and press conference.
Key Quotes
“The Fed will also release its Beige Book later in the afternoon at 14:00 ET to give a look at regional economic conditions ahead of the September FOMC.”
“On the data front, August PPI will give an update on producer prices ahead of Thursday’s CPI report. The market expects a 0.2% m/m increase in the headline index, which would see producer price inflation edge lower to 3.2% from 3.3% y/y.”
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