Your Sunday Briefing: Powell and Jobs; Big Gatherings in Texas

Get ready for two important events this week in markets: Jerome Powell's semiannual Monetary Policy Report to lawmakers and the payrolls report. Plus: CERAWeek energy conference, National People's Congress in China, and Jim Cramer's Mad Money.

March 6, 2023 . 10:29 PM

1 min read

Jerome Powell is expected to suggest interest rates will go higher if economic data continue to come in hot.
Job growth probably moderated last month after January’s blistering jump and the unemployment rate likely holding at a 53-year low.
Oil executives descend on Houston for the CERAWeek energy conference and $100 a barrel oil is in view.
The National People’s Congress in China kicks off with a modest growth target of around 5% for 2023 and increased defense spending.
A new team of politicians better known for ties with President Xi Jinping than credentials or overseas exposure will take over in Beijing.