What to watch today: Wall Street looks flat after Nasdaq's 3-day winning streak
's nomination to become the next Fed vice chair. In prepared remarks, Brainard said that controlling decades-high inflation is the "most important task" facing central bankers. Jerome Powell
on Tuesday at his confirmation hearing for a second term. He said the Fed will act as needed with higher interest rates and other measures to be sure inflation returns from its current highs to the central bank's 2% target. plans to deliver remarks Thursday about his administration's "surge response" to spiking Covid cases. Biden will highlight the federal government's efforts to use military medical personnel, starting next week, to help hospitals.
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