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What to Watch: Fed Speak Resumes

US TSYS
  • Markets listening to live broadcast of Fed Gov Waller at Norges Bank conference. Rates blipped higher briefly following uncharacteristically dovish remark: "tighter credit conditions due to recent regional banking strains could reduce some of the need for additional monetary tightening."
  • Richmond Fed Barkin follows up at 0900ET: will speak on “The Inflation Story” to the Maryland Government Finance Officer Association at Ashore Resort & Beach Club, Ocean City, Maryland. Embargoed text, no media Q&A.
  • US data kicks off with ew York Fed Services Business Activity at 0830ET. Main focus on U. of Mich. Sentiment at 1000ET.

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