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PRIMER - Today’s Fedspeak includes Williams, Musalem, Barkin

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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Pakistan’s Deputy PM/Foreign Minister, after concluding his engagements at the UNSC and other meetings in New York, will depart for an official visit to Washington, D.C. tomorrow, 29 May, Pakistani Journalist Mallick posts

Iranian IRGC official Bagheri says Iran is ready to engage in constructive dialogue and sustainable cooperation with responsible regional countries to establish an order based on unity, independence and resistance, IRIB News reports

PRIMER - Today’s Fedspeak includes Williams, Musalem, Barkin

The Trump administration has instructed prosecutors to stand down on pursuing Venezuela's Rodríguez, according to AP citing sources

Treasury Secretary Bessent thanks Bank of NY Melon (BK) and Robinhood (HOOD) for work on Trump Accounts

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  • 13:55BST/08:55EDT: Fed’s Williams (voter, neutral) to speak in Reykjavik. Speaking in early May, Williams said rates are well positioned amid the Iran war, which has introduced significant and unpredictable risks to the economy; he attributed around one percentage point of March’s 3.5% PCE inflation rate to higher tariffs and energy prices. Williams sees inflation at around 3% for 2026 (vs FOMC median view of 2.7% in March), before returning to target in 2027 (FOMC median sees 2028); he sees GDP growth of 2-2.25% this year (vs Fed median of 2.4%) and next year (vs Fed median of 2.3%).
  • 15:15BST/10:15EDT and 18:10BST/13:10EDT: Fed’s Musalem (2028 voter, hawk) to speak in Reykjavik. Speaking in early May, Musalem said risks are shifting more towards inflation than employment, with inflation running meaningfully above the 2% target. Musalem said the policy rate may be at or slightly below neutral, and that plausible scenarios exist for rates to be held steady, cut, or raised, reflecting significant uncertainty over the economic outlook. Musalem will also give an interview to Bloomberg TV at 18:10BST/13:10EDT.
  • 20:00BST/15:00EDT: Fed’s Barkin (2027 voter, neutral) will participate in a fireside chat. Speaking last week, Barkin said current policy is well positioned to respond to ongoing shocks, but he declined to indicate whether a rate hike would be needed, stating that the path forward depends on consumer resilience, business hiring decisions, and whether inflation expectations remain anchored after more than five years of missing the Fed’s target.

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