The appearance by St. Louis Fed President Alberto Musalem at 12:15 pm ET today is the focus. He is to discuss the U.S. economy and monetary policy before the Institute for International Finance, and expect prepared remarks.

Sadly, the Fed has announced that the industrial production report will not be released at 9:15 am ET today as had been scheduled. Here is what the Fed had to say:

G.17 October 17th release delayed

The industrial production indexes that are published in the G.17 Statistical Release on Industrial Production and Capacity Utilization incorporate a range of data from other government agencies, the publication of which has been delayed as a result of the federal government shutdown. Consequently, the G.17 release will not be published as scheduled on October 17, 2025. The Federal Reserve will announce a publication date for the G.17 release after the publication dates of the necessary source data become available.

Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.

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