Stock investors will monitor rising bond yields, fresh inflation data, and Fed Chairman Powell's renomination hearing in the week ahead.
Also on Tuesday, Kansas City Fed president Esther George will speak on the economic and monetary policy outlook before an event hosted by Central Exchange, the Senate will hold a hearing on Jerome Powell's re-nomination as Federal Reserve chairman, and Secretary of Defense Lloyd Austin will testify before the Senate on the U.S. withdrawal from Afghanistan. The consumer price index and core CPI will top economic data midweek after hitting 6.8% in November.
Additionally, the Beige Book will be reported along with the Energy Information Administration's weekly crude report.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chandler Powell Says Doing This for Bindi Irwin & Grace Warrior is The 'Best Part of Life'It's 2022, and we're still obsessed with BindiIrwin and Chandler Powell's Instagram updates.
Read more »
Feds tighten Colorado River flow at Glen Canyon Dam as ever-shrinking Lake Powell nears critical levelThe U.S. Bureau of Reclamation announced Friday that, over the next four months, it plans to hold back 350,000 acre-feet of water that would normally flow through Grand Canyon into Lake Mead, which is also struggling with a receding shoreline in the face of a stubborn drought.
Read more »
'Fed's Powell will have to walk a tightrope': What economists are saying about December jobs reportThe December jobs report painted a confusing picture, economists say. On one hand, the economy added fewer jobs than expected last month — but the unemployment rate fell to 3.9% from 4.2%.
Read more »
Top News Stories You Might Not Have Heard About This WeekHere are the top news stories you might not have heard about this week.
Read more »
Inflation, rising rates and the Federal Reserve could whip stocks around in the week aheadThe bond market could continue to set the course stocks in the week ahead, after a choppy start to the new year.
Read more »
Norton Put a Cryptominer in Its Antivirus SoftwarePlus: NFT thefts, a ransomware wave in schools, and more of the week's top security news.
Read more »