Markets face one of the year's most important weeks as Federal Reserve Chair Kevin Warsh delivers his inaugural semi-annual monetary policy testimony before Congress on July 14 and 15. The testimony timing coincides with June CPI data at 8:30am Tuesday and PPI at 8:30am Wednesday, creating a critical update on where inflation readings and Warsh's policy framework will establish expectations for Fed direction through the second half of 2026.
Major bank earnings flood the week with JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS), and Citigroup (C) reporting Tuesday alongside the CPI release, providing comprehensive economic health assessment during a period of extraordinary market volatility.