Fedspeak and the FOMC minutes will be highlights this week
Fedspeak and the FOMC minutes will be highlights this week after the "gradualist" tone from Chairman Powell in Friday's speech set the stage for steady policy near-term. There are several Fedspeakers this week, but none are voters. Hawk Kaplan will be in Beijing and will be speaking Tuesday (will tariffs come up?). The dove Kashkari will do another moderated Q&A Thursday. Rosengren, Bullard, and Kaplan will also be on the wires on Friday the 13th. The FOMC minutes to Powell's first meeting in March as Chairman could be interesting. Given that the Summary of Economic Projections, dot plot, and the press conference from that meeting are already well-documented, however, the minutes may only provide just a little more color.