Fed Chair Wash to Testify Tuesday and Wednesday as Market Eyes Inflation Data and Reform Plans

According to BMO Capital Markets, Federal Reserve Chair Kevin Wash is set to testify before Congress on Tuesday and Wednesday, with investors monitoring inflation data and details on his reform agenda. The Fed previously announced appointments for five working groups tasked with evaluating Fed communication methods and balance sheet adjustments. BMO strategist Ian Lingen noted the market will seek Wash's guidance on the economy and Fed policy outlook.
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