- Fed Chairman Jerome Powell testifies before Congress twice this week, and a dozen other Fed speeches are slated for next week.
- Personal consumption expenditures inflation data will be released at the end of the week. It’s important as the market is focused on inflation and contending with the Fed’s willingness to let it run.
- The direction of bond yields could continue to drive stocks, after the 10-year reached a high of 1.75% this past week, its highest in 14 months. Read More