United States USD

United States Fed Quarles Speech

Impact:
Medium
Source: Federal Reserve

Next Release:

Date:
Period:
What Does It Measure?
The United States Fed Quarles Speech measures the sentiment and outlook of the Federal Reserve regarding monetary policy, economic conditions, and financial regulation. It assesses critical factors influencing the economy, such as inflation, interest rates, and financial stability, while influencing market expectations around future Fed actions.
Frequency
The Fed Quarles Speech is not released on a set schedule, as it is delivered throughout the year during public events; its timing can vary, making its announcement somewhat unpredictable.
Why Do Traders Care?
Traders pay close attention to the Fed Quarles Speech because it provides insights into the Fed's current perspective on monetary policy, which can directly influence financial markets. Any signals regarding interest rate changes or economic forecasts can lead to significant movements in currencies, equities, and bond markets, impacting trader sentiment and investment strategies.
What Is It Derived From?
The speech is derived from the Federal Reserve's internal analysis and broader economic data, incorporating perspectives from various economic indicators, research, and the experiences of Fed officials. While there is no formal survey associated with a speech, the content often reflects the prevailing economic conditions and incorporates views from various economic sectors.
Description
The Fed Quarles Speech serves as a platform for communicating the Federal Reserve's views and strategies concerning monetary policy and financial regulation. Preliminary insights might be available shortly after the speech, while markets may react quickly to the conveyed messages, often leading to adjustments in expectations regarding future monetary policy.
Additional Notes
The Fed Quarles Speech is considered a coincident economic measure, as it reflects the current economic context and the central bank's response to it. This speech can also have implications for global financial conditions, as the U.S. monetary policy stance influences other economies and their respective central banking strategies.
Bullish or Bearish for Currency and Stocks
A dovish tone signaling lower interest rates or economic support is usually bullish for the Currency but bearish 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