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Feds Lacker and George testify on Capitol Hill at 10 AM

Speak before the House Financial panel on "The Federal Reserve District: Governance, Monetary Policy and Economic Performance"

In a preview to Lacker's comments, he spoke with DJ yesterday and said:

  • Sees no real conflict involving regional Fed makeup
  • Regional Fed banks provide valuable counterweight to Washington
  • Will tell Congress that structure is working well and doesn't need an overhaul

Also at 10 AM will be the US JOLTs job openings for July. The expectations is 5630 vs 5624 last month and the BOC rate decision with no change expected. Canada IVEY will be released with estimate at 56.5 vs 57.0 last.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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