Fed and BOJ Rates; Clinton’s Turn, Apple: Week Ahead July 23-30

  • Google, Ford, Deutsche Bank, Merck also will report earnings
  • U.S. GDP; China hosts G-20 finance ministers, central bankers

Hillary Clinton is poised to become the Democratic presidential nominee as the party holds its national convention in Philadelphia.

Federal Reserve policy makers probably will stand pat on U.S. interest rates this coming week. That would signal caution as they debate the implications of Britain’s vote to leave the European Union, even with U.S. growth and employment showing signs of perking up. Follow the TOPLive blog for real-time coverage here. The Bank of Japan also acts on monetary policy.

Fed Rate-Hike Bets Back on Table on Strong Economic Data

The Fed’s decision comes amid a busy week for economic data, including the U.S. government’s first estimate of second-quarter gross domestic product. Growth probably accelerated after a weak start to the year as household spending rebounded strongly, based on economists’ forecasts.

Some of the world’s biggest technology companies announce earnings this week, including Apple Inc. and Google parent Alphabet Inc.

The PGA Championship golf tournament is played in New Jersey, and the Tour de France finishes.

Saturday, July 23

  • U.S. Treasury Secretary Jack Lew will be among participants at a meeting of G-20 finance ministers and central bank governors in Chengdu, China. Topics are likely to include economic growth, Turkey’s failed coup and the U.K. vote to leave the European Union. Through July 24.

Sunday, July 24

Riders in front of the Arc de Triomphe during the 2015 Tour de France.

Tim de Waele/Corbis via Getty Images
  • The Tour de France, cycling’s most prestigious event, finishes in Paris. Click here for the route.

Monday, July 25

Tuesday, July 26

Wednesday, July 27

Thursday, July 28

Friday, July 29

Saturday, July 30

  • No scheduled events
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