Investors brace for a crucial test as U.S. inflation statistics loom amid the aftermath of the largest bank failure since the 2008 crisis. With the Federal Reserve’s effort to control inflation adding to market stress, the U.K. will present its budget, the ECB will likely announce another rate hike, and China will reveal its economic data.

The February employment report and Jerome Powell’s testimony before Congress will provide insight on the US labor market and interest rate direction. Equities are expected to remain volatile, while central banks in Japan, Canada, and Australia convene. The UK’s weak economy will also be revealed in new statistics. Read on for more.

Further information on the near-term trajectory of interest rates will be revealed by a plethora of US data and Eurozone inflation numbers. China’s PMI data will demonstrate how the reopening of the second largest economy in the world is progressing following the Lunar New Year holidays. There will be increased retail earnings and equity markets will be on high alert for Fed hawkishness. This information will help you get your week started.

Friday will bring personal income and spending data that can provide a better view of pricing pressures. Earnings from major retailers will also provide a glimpse into how consumers are faring in the face of rising costs. Flash PMI data for the Eurozone and testimony from the new Bank of Japan governor will help provide further insight into how central banks are responding to inflation. Get the latest insights on monetary policy at the start of the week.

Gain insights into the Fed’s rate hike trajectory & see how U.S. inflation, Eurozone Q1 estimates, & Japan’s central bank governor pick shape markets. Stay informed on latest economic data, including weekly jobless claims report, Jan. retail sales & PPI, to understand market movements.

This week, investors will be closely monitoring U.S. data, earnings results from major companies, rate decisions by the Reserve Bank of Australia, the Reserve Bank of India, and the ECB, and economic data from the U.K. and the Eurozone. Be prepared for any market changes with this essential insight.

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