Economy Week Ahead: Federal Reserve and Other Central Banks in Focus
Federal Reserve Chairman Jerome Powell’s remarks are always of interest to investors.
Photo:
BRENDAN MCDERMID/REUTERS
Monday
Japan’s Statistics Bureau releases annual inflation data through August. Consumer prices in Japan rose 2.6% in July from a year earlier, exceeding the
Bank of Japan’s
2% target for four straight months.
The National Association of Home Builders releases its September housing-market index, based on a survey of home builders that gauges conditions in the single-family housing market. In August, the index declined for the eighth consecutive month amid supply-chain challenges, rising interest rates and worsening home affordability.
Tuesday
The Commerce Department releases August figures on house construction and building permits. Housing starts fell 9.6% in July from the month before while building permits declined 1.3%.
Wednesday
The Federal Reserve announces its latest interest-rate decision on the heels of an inflation report showing that underlying price pressures strengthened in August. Officials will release updated projections of interest rates, inflation, unemployment and economic growth, and Chairman
Jerome Powell
holds a news conference.
The Bank of Japan announces its latest monetary-policy decision as inflation exceeds its targeted 2% inflation threshold. The central bank has indicated it plans to continue its monetary stimulus until it achieves sustainable wage growth and price increases.
Thursday
The Bank of England announces its latest monetary-policy decision as the U.K. grapples with high inflation. The central bank raised interest rates by the most in a quarter-century in its previous meeting.
The Labor Department releases the number of workers’ filings for unemployment benefits for the week ended Sept. 17. Initial jobless claims have declined for five consecutive weeks, hovering near the 2019 weekly average of around 218,000.
Friday
S&P Global releases September surveys of purchasing managers from around the world that measure global business activity. The August surveys pointed to a sharp slowdown in economic growth that month.
Write to Bryan Mena at [email protected]
Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Federal Reserve Chairman Jerome Powell’s remarks are always of interest to investors.
Photo:
BRENDAN MCDERMID/REUTERS
Monday
Japan’s Statistics Bureau releases annual inflation data through August. Consumer prices in Japan rose 2.6% in July from a year earlier, exceeding the
Bank of Japan’s
2% target for four straight months.
The National Association of Home Builders releases its September housing-market index, based on a survey of home builders that gauges conditions in the single-family housing market. In August, the index declined for the eighth consecutive month amid supply-chain challenges, rising interest rates and worsening home affordability.
Tuesday
The Commerce Department releases August figures on house construction and building permits. Housing starts fell 9.6% in July from the month before while building permits declined 1.3%.
Wednesday
The Federal Reserve announces its latest interest-rate decision on the heels of an inflation report showing that underlying price pressures strengthened in August. Officials will release updated projections of interest rates, inflation, unemployment and economic growth, and Chairman
Jerome Powell
holds a news conference.
The Bank of Japan announces its latest monetary-policy decision as inflation exceeds its targeted 2% inflation threshold. The central bank has indicated it plans to continue its monetary stimulus until it achieves sustainable wage growth and price increases.
Thursday
The Bank of England announces its latest monetary-policy decision as the U.K. grapples with high inflation. The central bank raised interest rates by the most in a quarter-century in its previous meeting.
The Labor Department releases the number of workers’ filings for unemployment benefits for the week ended Sept. 17. Initial jobless claims have declined for five consecutive weeks, hovering near the 2019 weekly average of around 218,000.
Friday
S&P Global releases September surveys of purchasing managers from around the world that measure global business activity. The August surveys pointed to a sharp slowdown in economic growth that month.
Write to Bryan Mena at [email protected]
Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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