But this week all eyes will be on Powell as he holds a solo press conference Wednesday that will be must-watch TV amid the political drama.

Federal Reserve is likely to leave key interest unchanged and avoid hints on whether a September cut is likely amid tariff uncertainty, Trump pressure

The U.S. central bank, to President Donald Trump's chagrin, will likely leave interest rates unchanged at a policy meeting this week, but that's not to say there won't be a vigorous debate, with one if not two Federal Reserve governors possibly casting a rare dissent in support of lower borrowing costs.