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US It will be a quiet Monday as Wall Street observes Juneteenth. A week filled with economic releases will probably see the most attention go towards Fed spe
It will be a quiet Monday as Wall Street observes Juneteenth. A week filled with economic releases will probably see the most attention go towards Fed speak. After the Fed’s hawkish skip, Wall Street wants to know if they can become convinced that we could see two more rate hikes. On Tuesday, Fed’s Bullard speaks at Barcelona School of Economics and Williams attends a NY Fed event. On Wednesday, Chair Powell appears before the House Financial Services Panel, while Goolsbee speaks at the Global Food Forum. On Thursday, Powell appears before the Senate Banking Panel. Mester and Barkin also make appearances on Thursday. Bullard and Mester also speak on Friday.
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday it will not let anything stand in the way of its battle to bring down the searing inflation that’s punishing American households. “The Committee’s commitment to restoring price stability – which is necessary for .