USA: Week Ahead - Dec 8th
The Federal Reserve will have its final monetary policy decision of the year next week, taking the center stage for global markets. FOMC members will also update their economic projections along with the rate decision, with the federal government shutdown preventing any official data past September from being taken into account. Likewise, delayed releases will include the JOLTS up to October and Q3 employment costs. Key rate decisions will also be featured by central banks in Canada, Switzerland, Australia, Brazil, and Turkey. Meanwhile, China will post its November account and both consumer and producer inflation prints. In Europe, a busy week for the UK will be headlined by its monthly GDP and trade figures, in addition to joining Germany and Italy in posting industrial production aggregates.