News Formal

Consumer inflation data, Fed’s Powell hearing, Delta earnings top week ahead

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: CNBC - 🏆 12. / 72 Read more »