- Jerome Powell is heading into the batter's box, with speeches over the next three days ranging from comments at the Boston Fed to his semiannual monetary policy testimony to Congress.
- Today, he's scheduled to give opening remarks at a conference discussing the effectiveness of bank stress tests as the U.S. central bank considers changes to its critical post-financial crisis tool. Also on watch are addresses by Fed policymakers Raphael Bostic, James Bullard and Randal Quarles.
- While traders have priced in a 100% probability of a Fed rate cut in July, expectations for a more aggressive cut have been tempered by the strong jobs report released Friday.