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Federal Reserve rate decision in focus next week
Next week begins quietly with little key data releases on Monday. German Bundesbank releases its Monthly Report for March and the US releases industrial production data. The Federal Reserve’s interest rate decision on Wednesday will be the highlight of the week.
Howler ahead of this, on Tuesday, another central bank will be in focus. The Bank of Japan announces its latest monetary policy decision. The Reserve Bank of Australia publishes is monetary policy meeting minutes as well on Tuesday. Meanwhile, employment data and inflation numbers are issued for the Eurozone by Eurostat. The German ZEW release on the latest economic sentiment data will be important to watch too.
Also on Tuesday, housing starts and building permits figures are released in the US, while manufacturing sales numbers are issued in Canada.
Wednesday is UK budget data. This is important as it comes just two months before the country’s general elections. Other important data will be the UK unemployment rate and claimant count change as well as the Bank of England minutes from its latest monetary policy meeting.
On Thursday, the Swiss National Bank announces its latest monetary policy decision, while in the US, initial jobless claims and current account data are out.
On Friday, producer price figures are issued in Germany while Eurostat publishes current account data for the Eurozone. Later in the day, Canadian inflation and retail sales numbers are out.
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