The focus of attention next week will be on monetary policy, as the Fed is scheduled to hold a two-day meeting starting on Tuesday, and an announcement regarding interest rates is anticipated on Wednesday.
Keeping an eye on the UBS negotiation on purchasing the Credit Suisse bank, which will have a significant impact into calming down the banking crisis or spreading the panic in case things won’t work as planned.
Busy week for the Fed officials as they will also release updated projections of inflation, unemployment and economic output, and Chair Jerome Powell will be holding a news conference.
The National Association of Realtors will report the sales of new and existing home sales for February, expecting a continuous decline.
Within the week, we will receive the latest inflation readings from the U.K., Canada and Japan, which will give a global view of the Inflation hit that countries are facing.
On Friday, S&P Global is going to release the March business-activity surveys of purchasing managers from around the world.
The February surveys showed activity improved in China, the U.S. and the eurozone.
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