Impact on each asset
USD ▲US dollarTailwind
XAU ■GoldLimited
US ■US stocksLimited
SET ■Thai stocksLimited
BTC ■CryptoLimited
Summary
Minneapolis Fed President Kashkari said it is unclear how high rates must rise to bring inflation under control. Newsquawk says the jobs report likely cements expectations for an October pause, after softer August core PCE.
Why it moves markets
Fed officials' comments shape how long markets expect high rates to last, which affects the dollar, Treasury yields and risk assets. The signals are mixed: Kashkari leaves the door open to more tightening, Williams and Jefferson call for patience, and Bowman favours no further hikes this year.
Deeper view and what to watch
This week, watch the FOMC minutes and US ISM Services PMI for confirmation of the pause view. Also watch further Fed speakers to see whether the tone stays inflation-cautious or shifts to wait-and-see.
Sources
For education only, not investment advice. Prices and figures change constantly, so check the sources before making decisions.