Economic Calendar: Nobel Prize, China Financial Data, IMF/World Bank Meetings, Fed’s Hammack

The most consequential item here is the collision of China's September financial data with the IMF/World Bank meetings in Bangkok: credit and money-supply figures landing during a gathering already focused on global growth and financing conditions give the same audience two competing narratives to weigh. Hammack's remarks matter beyond the speech itself because she votes on policy in 2026, making her framing of the inflation and rate outlook a signal rather than commentary. Whether the Chinese data and the meeting commentary point in the same direction on global demand is the open question.