Powell Town Hall and Fed Minutes
We just got through a slew of economic data and the macro action is not slowing down this week. On Tuesday at 12:30 pm CT, Fed Chair, Jay Powell, will host a virtual teacher town hall where educators and students from around the country will participate in a Q&A. In the Fed's commitment to maximum employment with a pulse on the real economy, markets are patiently waiting for any indication on tapering. However, as Bill Baruch has noted on the Morning Express, it is not about whether the taper will happen but more so about the extent to which the Fed is going to cut the monetary support pie.
Will the event bring a resolution to the tap