The US has a very busy week ahead. The two main events are Fed Chair Powell’s semi-annual testimony to Congress and the nonfarm payroll report. Powell’s two days at Capitol Hill will undoubtedly draw scrutiny from lawmakers as more tightening will raise the risk this economy is recession bound. Traders will look to see how hawkish Powell will remain given the mostly strong data, recently.
03-03-2023 17:38 GMT
by Craig Erlam