Next week's macro outlook: Walsh congressional hearing combined with CPI, market expects more clues on interest rate prospects BlockBeats News: On July 11th, tensions between the United States and Iran escalated sharply this week, with mutual attacks leading to the breakdown of a fragile ceasefire agreement that had been in place for about three weeks. Inflation pressure driven by rising oil prices has once again raised expectations of the Federal Reserve tightening its policies. During the same period, the US stock market almost ignored geopolitical uncertainty, and the "AI trading" boom rebounded. The S&P 500 index approached a historic high, and both the Nasdaq and the Nasdaq recorded a second consecutive week of gains. SK Hynix ADR surged 13% on its first day, raising $26.5 billion, making it the highest foreign company IPO in US stock history. In the coming week, the situation between the US and Iran, economic data such as US CPI, and speeches by Federal Reserve officials will affect the nerves of Wall Street. People are particularly looking forward to whether Federal Reserve Chairman Walsh can provide more clues about the interest rate outlook under the questioning of Congress, although his determination to cancel forward guidance is difficult to have high hopes for. Next week's macroeconomic data events are as follows: On Monday, Federal Reserve Governor Waller delivered a speech. On Tuesday, the United States will have ADP employment figures change weekly from June 27th to June 27th. The US June CPI and core CPI are affected. Federal Reserve Chairman Walter attends the House Financial Services Committee's hearing on the Federal Reserve's semi annual monetary policy report. On Wednesday, the 2027 FOMC vote committee and Chicago Fed Chairman Goolsby attend a fireplace talk. The US June PPI and core PPIFOMC are affected Permanent voting committee member and New York Federal Reserve Chairman Williams delivers speech. Federal Reserve Chairman Walsh attends Senate Banking, Housing, and Urban Affairs Committee hearing on "Federal Reserve's Half Year Monetary Policy Report". Federal Reserve releases economic report. Beige Book on Thursday, July 11th. Weekly initial jobless claims, June retail sales rate, July Philadelphia Fed Manufacturing Index 2026 FOMC voting committee. Dallas Federal Reserve Chairman Logan delivers speech. Federal Reserve Vice Chairman Jefferson delivers speech on economic and monetary policy