Powell does not comment on monetary policy or the economy in opening remarks

Gives opening remarks at Boston Fed conference

  • stress tests most evolved to avoid complacency
Chair Powell’s main event(s) this week will be on Capitol Hill on both Wednesday and Thursday as he testifies to US lawmakers.  That is where the rubber will meet the road.
Later today, the Fed’s
  • Bostic is due to deliver opening remarks at the Official Monetary and Financial Institutions Forum Meeting, in St. Louis at 10:10 AM ET/1410 GMT
  • Quarles speaks on stress tests in Boston (not sure can expect much there).   That starts at 2 PM ET/1800 GMT
  • Fed’s Bostic will be speaking at Washington University in St. Louis at 2:20 PM ET/1820 GMT. He will be do an “armchair chat” and not speak from text.