Fed’s Next Rate Move May Crystallize With Coming Data: Eco Week
- US reports on growth, prices and wages scheduled for release
- Euro-zone GDP is also due, and BOJ governor’s debut decision
A shopper near fresh fruit at a grocery store in Fairfax, Virginia.
Photographer: Al Drago/BloombergThis article is for subscribers only.
The latest US figures on growth, inflation and wages will be released in the coming week — some of the final marquee reports the Federal Reserve will have in hand before its May policy meeting.
The government will release its initial estimate of first-quarter gross domestic product, expected to show consumer spending got off to a solid start for the year. It’ll also likely confirm that inflation remains too high, particularly the core measure that excludes food and energy prices.