ECB, Fed, Facebook, Buffett, Derby: Week Ahead April 29-May 4
The European Central Bank is likely to cut its benchmark rate in the coming week to keep the recovery it forecasts for later this year on track. The U.S. Federal Reserve will probably vote to continue its record bond- buying program.
U.S. employment is likely to have jumped in April as companies looked beyond the impact of government budget cuts.
Warren Buffett will answer questions from his shareholders at the annual meeting of Berkshire Hathaway Inc. in Omaha, Nebraska.
At Churchill Downs, the 139th Kentucky Derby will be run, and racehorse Verrazano is the early favorite.
MONDAY, APRIL 29
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