Economy Week Ahead: U.S. Interest Prices and Housing Market place in Concentrate

Tuesday

The National Association of Realtors reports sales of previously owned houses in February. Current-household sales fell .7% in January from the prior month, the 12th straight month-to-month decline.

Canada’s statistics agency releases February inflation figures. Customer costs rose five.9% in January from a year earlier, down from the earlier month’s six.three% rise.

Wednesday

The Federal Reserve announces its newest interest-price choice following a two-day meeting. The central bank is confronting banking-business turbulence and nonetheless-higher inflation. Fed officials will also release updated projections of interest prices, inflation, unemployment and financial output, and Chair

Jerome Powell

holds a news conference. 

The U.K.’s Workplace for National Statistics releases February inflation figures. Customer costs rose ten.1% in January from a year earlier, a slower price of inflation than the earlier month’s ten.five% rise.

Thursday

The Bank of England announces its newest monetary-policy choice. The central bank has signaled that it may possibly pause interest-price increases quickly, but that additional rises are also achievable if inflation threatens to be higher for longer than anticipated.

The Labor Division reports the quantity of worker filings for unemployment added benefits in the week ended March 18. Initial jobless claims fell in the prior week, displaying the U.S. labor market place remains powerful.

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The Commerce Division reports the quantity of new houses sold in February, which make up about ten% of the housing market place.

Japan’s statistics agency releases February inflation figures. Core customer costs rose four.two% in January from a year earlier, the quickest pace considering that September 1981. Japan defines core costs as all costs excluding fresh meals.

Friday

S&ampP International releases March small business-activity surveys of buying managers from about the planet. The February surveys showed activity enhanced in China, the U.S. and the eurozone.

The Commerce Division releases February figures on demand for lengthy-lasting goods. New orders for tough goods fell sharply in January from the prior month, following a month-to-month boost in December, reflecting volatility in the aircraft sector.

Create to Bryan Mena at bryan.mena@wsj.com

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