Fed's Daly and Bostic are both expected to speak shortly.

Both Fed's Daly and Bostic are scheduled to speak at the bottom of the hour. Daly has not spoken since before the last FOMC rate decision.

Watch Daly speak with the WSJ HERE.

Bostic spoke on a few occasions last week including after the US jobs report when he said:

• Jobs picture is 'rock solid'
• Wages are not driving inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term dynamic but we need to be on top of it if something changes
• I think unemployment is going to rise a little bit
• Sees unemployment rising to 4% this year (from 3.5% today)
• We still need to stay the course, inflation is too high
• Recession is not my baseline
• Most important thing is to hold at high rates
• Would be comfortable with 25 or 50 bps at next meeting. Would lean to 25 bps if jobs market loosens.