Fed Goolsby: Risks to the economy from auto union strikes depend on duration and scale.

European Council President Michel: Every effort should be made to avoid the escalation of the Israel-Gaza conflict.

Fed Goolsby: Housing is a key indicator of inflation.

The Hamas-controlled interior ministry said 18 Palestinians were killed in a series of Israeli air strikes on the Jabaliya refugee camp in the northern Gaza Strip.

European Commission President von der Leyen: Meeting with the US bipartisan Senate delegation.

According to PUNCHBOWL: The White House will make domestic funding requests next week, including disaster assistance and broadband funding.

Federal Reserve Governor Barr: Additional exploratory programs can provide information for bank supervision and identify regulatory weaknesses.

Federal Reserve Governor Barr: Any changes to the scenarios for setting capital requirements will go through a "transparent and open process."

Fed Governor Barr: Additional scenarios will be "exploratory" and will not determine bank capital requirements.

Federal Reserve Governor Barr: The Federal Reserve is developing additional scenarios for the 2024 stress test of large banks.

Fed Governor Barr: A single stress test scenario cannot capture all "possible risks" faced by large banks.

Fed Goolsby: We haven’t seen a recession yet and hope we can avoid it.

The Fed accepted a total of $1.114 trillion from 97 counterparties in fixed-rate reverse repurchase operations.

According to the Saudi Press Agency: The Saudi Crown Prince met with British Prime Minister Sunak in Riyadh.

Chris Zaccarelli, chief investment officer of the Alliance of Independent Advisors: Powell continues to leave options open to the Fed in terms of future interest rate hikes, but has not changed his view that the Fed will keep interest rates unchanged at the next meeting, and may keep them unchanged for the rest of the year. Interest rates are unchanged (for example, they were also unchanged at the December meeting).

OpenAI: New version of image generator DALL-E 3 now available in ChatGPT Plus and Enterprise.

Federal Reserve Chairman Powell: Regional banking business models are under pressure, and the Fed does not want to exacerbate this pressure.