Nothing on the schedule this week matches the anticipation and likely significance of the annual monetary policy retreat to Wyoming, where Fed Chair Powell very likely will say further tightening of financial conditions is coming. The six-month anniversary of Russia’s latest invasion of Ukraine comes as expectations rise of a “long slog.” Unsurprisingly, the Kremlin over the weekend confirmed President Putin has not appointed a negotiator to structure cease fire discussions. East coast primary powerhouses, Florida and New York, hold primaries in which NY redistricting, FL 2024 presidential hopefuls, and a competitive FL 2022 US Senate race lead headlines.
WEEKLY OUTLOOK
Tuesday
7:00 p.m., Minneapolis Fed President Kashkari addresses the state’s Wharton Alumni Club
Wednesday
Only somewhat ironically, Ukraine celebrates Independence Day on the date of the current war’s half-year anniversary.
Thursday
The three-day 2022 Economic Policy Symposium, “Reassessing Constraints on the Economy and Policy,” will be held August 25–27.
Friday
10:00 a.m., Fed Chair Powell keynotes the Jackson Hole Symposium.
