Powell and jobs: The week ahead

Federal Reserve Chair Jerome Powell’s speech will be a key event this week.

Three weeks ago, Powell was grilled about the economic implications of former President Trump's potential return to office, following the Fed's interest rate decision. A continuation of these discussions is expected on Wednesday.

Federal Reserve Bank of Atlanta President Raphael Bostic wrote in an essay released Monday that he’s undecided on whether a rate cut is needed this month, with upcoming data on jobs important in shaping the decision.

Rounding out the week, we also see the release of initial jobless claims data on Thursday and Non-Farm Payrolls on Friday.