Macroeconomic Outlook for Next Week: The U.S. Bids Farewell to the Top Credit Rating Club, and the Rebound in U.S. Stocks May Come to an End

MetaEra News, May 17 (UTC+8), as China and the United States reached an important consensus on a trade deal at the beginning of the week, market risk appetite began to recover, and major Wall Street stock indexes ended the week on a positive note. The S&P 500 is on track for a fifth straight session of gains, with all three major U.S. stock indexes closing higher on a weekly basis, and the S&P 500 recovering all losses for the year, just about 4% below its all-time high. Looking ahead to next week, U.S. data will be relatively lukewarm, but a number of Fed officials will come out to speak. In addition, Moody's downgrade of the U.S. rating may set off a "bloody storm" at the opening of the market next Monday, and the following are the key points that the market will focus on in the new week: At 05:20 on Monday, New York Fed President Williams delivered a graduation speech at the graduate graduation ceremony of Hempstead Hofstra University in New York at 20:30 on Monday, Atlanta Fed President Bostic attended the Atlanta Fed 2025 Financial Market Conference and delivered an opening speech at 20:45 on Monday, Federal Reserve Vice Chairman Jefferson, New York Fed President Williams speaks Tuesday at 01:15, Dallas Fed President Logan chairs a panel session at the Atlanta summit Tuesday 21:00, Atlanta Fed President Bostic delivers opening remarks at an event Tuesday 21:00, Richmond Fed President Barkin delivers opening remarks at the 2025 Invest in American Countryside Conference at 01:00 on Wednesday, 2025 FOMC member and St. Louis Fed President Musalem delivers a speech on the economic outlook and monetary policy Wednesday 07 At 00:00, Atlanta Fed President Bostic presided over the meeting, Cleveland Fed President Hamack, San Francisco Fed President Daly delivered keynote speeches at 00:00 on Thursday, Richmond Fed President Barkin attended an event called "Fed Listening" at 20:30 on Thursday, the number of initial jobless claims in the United States for the week to May 17 at 21:45 on Thursday, and the preliminary S&P Global Manufacturing and Services PMI in May in the United States was 02 on Friday New York Fed President Williams Delivers Keynote Speech at Monetary Policy Implementation Symposium Traders will be focusing on the preliminary US PMIs for May, but they may also be watching the speeches of several Fed officials as they may wonder whether the Fed continues to worry about economic growth or is more focused on the inflation outlook after finding some common ground in the US. The rise in PMIs may indicate an improvement in corporate sentiment following the US-China deal, but investors may want to hear a clear statement on how the Fed plans its next move. (Source: PANews)