It’s a huge week ahead, including NFP, ISM and PMI data. The culmination is the meeting of the Federal Open Market Committee (FOMC).
The FOMC statement is expected on Wednesday, May 1 at 2 p.m. US Eastern Time (6 p.m. GMT).
- Federal Reserve Chairman Powell will follow up his press conference half an hour late (2:30 p.m. / 6:30 p.m.).
Previews already posted by ICYMI:
- Weekly Market Outlook (May 29-3)
- Preview the week ahead: Highlights include FOMC, NFP, ISM and PMI data
The FOMC is like a kangaroo deer in the headlights of rising inflation.
This article was written by Eamonn Sheridan at www.forexlive.com.
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