It’s looking likely that the dynamics of the meeting in Frankfurt will determine whether policymakers opt for a 10th consecutive hike in borrowing costs or choose to pause, along with delivering a probable message of hawkishness.
Click here for what happened last week and below is our wrap of what’s coming up in the global economy.Federal Reserve officials, who are observing a blackout period ahead of their Sept. 19-20 policy meeting, will digest another dose of key inflation data. On Wednesday, the government issues its consumer price index for August, followed a day later by a gauge of producer prices.
Meanwhile, in Canada, home sales data for August will show whether the market is continuing to cool, even as high prices remain detached from local incomes. Minutes from the Bank of Korea’s August meeting will likely show further support for its extended hawkish hold. Unemployment figures come out Wednesday from South Korea and the next day from Australia.
While the ECB decision will take center stage in the euro region, the release of European Commission forecasts on Monday may offer investors an initial taste of how officials in Brussels view the immediate outlook for growth and inflation. Also on Friday, slowing inflation in Mauritius and less volatility in external balances may persuade rate setters to hold borrowing costs again.