Spotlight: What’s on investors and traders radars this week?

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Fed Chair Powell delivers his semi-annual testimony on monetary policy before the US Senate Banking Committee in the week ahead. He will likely be grilled on what a more aggressive Fed could mean for jobs and the economy. This could be key as the debate around a 50 vs 75bps rate hike in July is still open. US recession fears continue to get tested A series of Fed surveys are due from the US this week, which will be scrutinized to signal if there are risks of a recession on the horizon. These include the Chicago Fed National Activity index, Kansas City Fed Manufacturing Activity index, as well as the final print of … (full story)