Investors will look for any sign that he believes the Fed is close to the peak in its interest rate cycle.
More Quotes from Mitul Kotecha:
Overall, he is opening the door to further rate hikes. It could also suggest that rates could go higher than currently priced in.Mitul Kotecha
Overall, a disappointing number, but growth is set to bounce back strongly in the first quarter, with government consumption set to provide a positive contribution and consumer spending also likely to strengthen.
Mitul Kotecha
Overall, this week's data releases will help to continue to paint a picture of strengthening growth in the euro zone, but will hardly point to any acceleration.
Mitul Kotecha
The whole China effect is fading. We are moving back to trading in familiar ranges and the market is realizing it was not a big move.
Mitul Kotecha
The market was looking for a weak number. There was a relief rally when the number came in stronger than expected.
Mitul Kotecha
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Quincy Jones