A.M. Update

S&P futures are down -0.2% as we await  Fed Chair Powell’s “Conversation with David Rubinstein” before the Economic Club of Washington D.C. at 12:40 p.m. ET. On a related note, Minneapolis Federal Reserve President Neel Kashkari (FOMC voter) said on CNBC “Central banks have not made enough progress” and reaffirmed his Fed funds rate target of 5.4%…