The Federal Reserve Board said it will publish the July 2017 Monetary Policy Report to the Congress at 11 a.m., EDT, on July 7, in order to allow members of Congress and the public time to review the report in advance of Chair Janet Yellen's scheduled testimony on July 12.
Yellen's opening statement will be released at 8:30 a.m. EDT on July 12.
Janet Yellen, chair of the U.S. Federal Reserve, speaks at the National Community Reinvestment Coalition conference in Washington, D.C., U.S., on Tuesday, March 28, 2017. Yellen said challenges remain in the U.S. labor market, including concentrations of elevated joblessness in poor and minority communities, as she pushed for better education and training so the economy works for all Americans. Photographer: Andrew Harrer/Bloomberg
Focus was on the primary market last week, with Birch Creek reporting that one dealer estimated that 90% of the focus earlier in the week was on new issues.
Amid deep cuts to public K-12 schools, the proposed budget would boost charter school investment as the administration said "more local school options are needed."
Bessent explained why he thinks Trump's tariffs, tax cuts and deregulation will create fertile ground for investors in a speech at the Milken Institute's global conference.