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Economy Week Ahead: Retail, Central Banks, Home Sales
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The Federal Reserve’s monetary policy meeting takes center stage this week, with the central bank expected to raise its benchmark interest rate for the first time since 2018.
Growth in China’s industrial production likely continued to slow in the first two months of 2022. January-February industrial output is forecast to be up 3.5% from a year earlier, decelerating from a 4.3% pace in December. Economists expect other key measures of activity to improve slightly: Fixed-asset investment and retail sales are both estimated to have advanced at a faster annual rate than in December.
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