Macroeconomic Outlook for Next Week: CPI Data May Be Absent for the First Time, Multiple Fed Officials to Speak Intensively

On November 9, important macro events and data forecasts for next week——the U.S. government shutdown stalemate remains unresolved, CPI data may be absent for the first time, and several Fed officials will speak intensively. Wednesday: FOMC permanent voter and New York Fed President Williams will speak; 2026 FOMC voter and Philadelphia Fed President Harker will speak on fintech; U.S. Treasury Secretary Yellen will speak. Thursday: U.S. October unadjusted CPI year-on-year, U.S. October seasonally adjusted CPI month-on-month, U.S. initial jobless claims for the week ending November 8, U.S. October seasonally adjusted core CPI month-on-month, U.S. October unadjusted core CPI year-on-year (to be confirmed); 2027 FOMC voter and Atlanta Fed President Bostic will speak; Bank of Canada will release the minutes of the October monetary policy meeting. Friday: U.S. October retail sales month-on-month, U.S. October PPI year-on-year, U.S. October PPI month-on-month, U.S. September business inventories month-on-month (to be confirmed); 2025 FOMC voter and St. Louis Fed President Bullard will speak on monetary policy; 2026 FOMC voter and Cleveland Fed President Mester will participate in a fireside chat; 2027 FOMC voter and Atlanta Fed President Bostic will speak; 2025 FOMC voter and Kansas Fed President George will speak on economic outlook and monetary policy. Saturday: 2026 FOMC voter and Dallas Fed President Logan will participate in a fireside chat; 2027 FOMC voter and Atlanta Fed President Bostic will attend a meeting and participate in discussions. (Jin10)