Powell's Hawkish Remarks Are Notable: Still Need To Get Through Jobs & CPI Report

Powell said that peak Fed fund rates may be higher than originally expected, says Cooper Howard. He and Kevin Gordon discuss what a hawkish tone from Powell means for the markets. Cooper notes that he believes that this opens the door to a 50BPS hike on the 22nd. They also preview the February 2023 jobs report which will be released on Friday. Kevin says that the hawkish remarks today are notable, and investors should keep in mind that we still have a jobs report and CPI report to get through. They then preview the economic calendar for the rest of the week. Tune in to find out more about the stock market today.