- Federal Reserve Chair Jerome Powell testifies before Congress twice next week — and what he says will be followed closely for any signal on whether geopolitical events are likely to affect rate hikes.
- The February jobs report is expected Friday, and it should show the labor market remains strong.
Federal Reserve Chair Jerome Powell testifies before Congress in the week ahead, and markets will hang on what he says regarding upcoming economic reports could affect Fed policy. Powell will deliver his testimony on the economy to the House Committee on Financial Services on Wednesday morning, and then again to the Senate Banking Committee on Thursday. The important February employment report is to be released on Friday. NN: Its he ball is in their court….