This week, the economic data calendar is light, with Fed Chair Powell speaking in Washington. The European Central Bank is not expected to lower rates at its upcoming meeting. In the US, economic indicators suggest a resilient economy, but housing indicators show challenges. New home sales may uptick in response to declining mortgage rates. Jobless claims and business surveys are expected to confirm a robust labor market. Overall, the US economic week ahead looks to be a mix of positive and challenging indicators.

Read more at Investing.com: Economic Week Ahead: Powell’s Speech to Set the Tone for a Data-Light Week