Week Ahead - Powell to the rescue - MarketPulse
US Wall Street’s main event of the week will be Fed Chair Powell’s testimony on Capitol Hill. Powell will have two days to answer questions on the Fed’s dovish strategy and at what point rising Treasury yields pose a risk to the recovery. Another disappointing weekly jobless claims figure points to a weak February payrolls report and that should keep the Fed on autopilot in the short-term. House Democrats are planning to move President Biden’s COVID relief bill forward with a vote...
Source: marketpulse.com