Last week was packed with economic data, earnings reports, and a surprising jobs number, but Federal Reserve Chairman Powell was in the spotlight with his comments on potential rate cuts. As expected, the Federal Open Market Committee (FOMC) did not change rates at their January meeting, but Chairman Powell acknowledged rate cuts are not likely at their next meeting in March. He stated while rate cuts may occur this year, the committee wants confidence inflation is slowing before making any changes to the Federal Funds rate.  Read the full snapshot.