April 21, 2025

Fed’s Harker, Kashkari to speak as markets await key economic data Tuesday

As traders approach another pivotal day for financial markets on Tuesday, April 22, 2025, a series of crucial economic events and Federal Reserve speeches are expected to sway market dynamics. The day’s agenda includes significant appearances by FOMC members Patrick Harker and Neel Kashkari, alongside important Treasury auctions and oil inventory data, all of which could provide valuable insights into the current economic landscape and future monetary policy direction.

Major Economic Events to Watch

• 9:30 AM ET - FOMC Member Harker Speaks: Philadelphia Fed President Patrick Harker’s remarks may offer clues on future monetary policy.

• 1:00 PM ET - 2-Year Note Auction: Treasury to auction 2-year notes, with previous yield at 3.984%.

• 2:00 PM ET - FOMC Member Kashkari Speaks: Minneapolis Fed President Neel Kashkari’s speech may provide insights on economic outlook.

• 4:30 PM ET - API Weekly Crude Stock: American Petroleum Institute reports on U.S. crude oil inventory levels, previous change was 2.400M barrels.

Other Important Economic Events to Watch

• 6:00 AM ET - IMF Meetings: Annual meetings of the IMF and World Bank Group to discuss global economic concerns.

• 8:55 AM ET - Redbook: Year-over-year same-store sales growth index for large U.S. retailers, previous reading at 6.6%.

• 9:00 AM ET - Fed Governor Jefferson Speaks: Remarks from Federal Reserve Governor Philip Jefferson.

• 10:00 AM ET - Richmond Services Index: Measure of business activity in the Fifth Federal Reserve District, previous reading at -4.

• 10:00 AM ET - Richmond Manufacturing Index: Gauge of manufacturing conditions in the Fifth District, forecast at -6, previous at -4.

• 10:00 AM ET - Richmond Manufacturing Shipments: Indicator of manufacturing shipments in the Fifth District, previous reading at -7.

• 1:00 PM ET - US M2 Money Supply: Measure of money stock in the U.S. economy, previous reading at $21.67 trillion.

• 6:00 PM ET - FOMC Member Kugler Speaks: Federal Reserve Governor Adriana Kugler to deliver remarks.

For further information and the latest updates, please refer to our Economic Calendar, here .

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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