United States USD

United States Fed Kaplan Speech

Impact:
Medium
Source: Federal Reserve

Next Release:

Date:
Period:
What Does It Measure?
The United States Fed Kaplan Speech measures insights and perspectives from Federal Reserve officials, specifically focusing on economic conditions, monetary policy, and financial stability. This speech assesses key areas such as inflation trends, labor market dynamics, and interest rate outlook, providing a nuanced understanding of the central bank's stance.
Frequency
The Federal Reserve speeches are typically scheduled intermittently, with no fixed frequency, and can occur several times a month; these speeches are presented as final reports, without preliminary versions.
Why Do Traders Care?
Traders closely monitor these speeches because they offer indications of future monetary policy actions, directly influencing market expectations and asset valuations. A hawkish tone may strengthen the U.S. dollar and drive down stocks, while a dovish stance could have the opposite effects.
What Is It Derived From?
The speech is derived from Kaplan's analyses and perspectives on economic data, employing qualitative assessments rather than quantitative metrics. The content reflects current economic conditions and expectations, informed by various data inputs, including reports on GDP growth, unemployment rates, and inflation statistics.
Description
Federal Reserve speeches like those of Kaplan convey the central bank's economic outlook and policy direction, serving as a key tool for managing market expectations. These speeches influence traders’ sentiments and can lead to significant market movements depending on their tone and content.
Additional Notes
Kaplan’s remarks are typically viewed as coincident indicators of the Fed’s sentiment, reflecting current economic conditions and potential future policy actions. The insights provided can be correlated with broader economic trends and have ripple effects across global markets, as they shape the monetary policy landscape.
Bullish or Bearish for Currency and Stocks
A dovish tone: Signaling lower interest rates or economic support is usually good for the U.S. dollar but bad for stocks due to cheaper borrowing costs.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise