Avoid volatility, stay invested and watch out the next meetings:
07/03
- Fed Chair Powell Testimony
- Federal Reserve Chair Jerome Powell will testify on the U.S. central bank's semiannual monetary policy report to the House Financial Services Committee on March 8 at 10 a.m. ET, the panel said on Wednesday. Powell will testify at the Senate Banking Committee on the same topic on Tuesday.
08/03
- Balance of trade.
- United States Job Openings
- -Fed Chair Powell Testimony
10/03
- Unemployment rates.
14/03
- Inflation rate.
15/03
- Retail sales.
22/03
- FED interest rate decision. Fed Press Conference
- Fed Press Conference
- Almost all FOMC participants agreed that it was appropriate to raise the target range for the federal funds rate by 25bps at the first monetary policy meeting of 2023, although a few officials favored raising it by 50bps, minutes from the last meeting showed. Also, all participants continued to anticipate that ongoing increases would be appropriate until data provided confidence that inflation was on a sustained downward path to 2%, which was likely to take some time. Participants noted that recent inflation data showed a welcome reduction in the monthly pace of price increases but stressed that substantially more evidence of progress across a broader range of prices would be required to be confident that inflation was on a sustained downward path. The Fed raised the target range for the fed funds rate by 25bps to 4.5%-4.75% in its February 2023 meeting, dialing back the size of the increase for a second straight meeting but still pushing borrowing costs to the highest since 2007
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