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What to Watch: Fed Chairman Powell Testimony

MARKET INSIGHT
Economic data coming up at 0815ET
  • ADP Employment Change (-301k prior, +375k est) -- may shed some light (or not) ahead Friday's jobs data for February (+467k prior, +400k est)
  • U.S. Federal Reserve Releases Beige Book at 1400ET

Multiple Fed speakers with main focus on Fed Chair Powell at semi-annual mon/pol testimony to House Financial Services Comm at 1000ET. Link:

  • Monetary Policy and the State of the Economy
  • As has been the case in past, text may be released prior to the testimony.
  • Other Fed speakers on tap:
  • Chicago Fed Evans on economy, mon-pol, no text, Q&A at 0900ET
  • StL Fed Bullard eco-outlook, text, Q&A at 0930ET
  • NY Fed VP Logan on asset purchases, text, Q&A at 1630ET
  • Fed blackout start midnight
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