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Economy Week Ahead: Factories, GDP, Central Banks

by capitalizefinancial
April 26, 2021
in Sports
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Economy Week Ahead: Factories, GDP, Central Banks

This week brings a full slate of economic data and central-bank meetings that are likely to show strong growth in the U.S. but uneven recoveries elsewhere around the globe.

U.S. durable-goods orders are expected to rebound in March after bad weather disrupted supply chains a month earlier. Until the February setback, orders for long-lasting manufactured goods had increased for nine straight months amid strong demand for consumer goods and rising business investment.

The Bank of Japan is expected to keep its monetary policy on hold at the end of a two-day meeting, after last month tweaking its easing program. The bank is also slated to release an outlook report on the economy and prices and show its forecast for the year ending in March 2024 for the first time.

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