Five Things You Need to Know to Start Your Day

Good morning. Major central bank decisions are due this week, starting with the Federal Reserve, more on the walkout led by United Auto Workers, and the latest MLIV Pulse UK edition survey results are in. – Nour Al Ali

The Federal Reserve's updated forecasts for its benchmark interest rate, due Wednesday, are looming as a potential decider for a Treasuries market at risk of a third year of losses. The two key questions for the dot plot are whether policymakers retain expectations for one more 25 basis-point rate hike by year-end, and how much easing they are penciling in for 2024. Other major central bank decisions are also due, including the Bank of England and Bank of Japan.