Fed Interest Rate Decision in Focus Next Week

The latest Federal budget update will be released on Wednesday

Digital Content Manager
Mar 11, 2021 at 3:00 PM
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Investors will digest a deluge of economic data next week, including retail sales, the import price index, another round of jobless claims, and a slew of housing information. All eyes will be on the Federal Reserve's latest interest rate decision on Wednesday, with Federal Reserve Chair Jerome Powell set to speak that afternoon. The earnings calendar, meanwhile, is relatively bare, though some major names are still set to report, including Nike (NKE), CrowdStrike (CRWD), Dollar General (DG), FedEx (FDX), Momo (MOMO), Signet Jewelers (SIG), Tiffany & Co (TIF), and Weibo (WB). 

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

Investors will ease into the week on Monday, Mar. 15, with the Empire State Manufacturing Index due out. 

Tuesday, Mar. 16 will come in full force as traders parse through core retail sales, the import and export price indexes, industrial production data, business inventories, and the National Association of Home Builders index.

The latest interest rate decision from the Federal Reserve will be the highlight of Wednesday, Mar. 17, with Federal Reserve Chair Jerome Powell set to give a press conference at  2:30 p.m. ET. Housing starts, building permits, and crude oil inventories are also on the docket. 

On Thursday, Mar. 11, the Philadelphia Fed Manufacturing Index, and initial and continuing jobless claims are due out. 

The busy week will end with a bare economic calendar on Friday, Mar. 12.

 

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