Home / Economic News / WEEK 38 (September 14-18): Forthcoming economic news-releases

WEEK 38 (September 14-18): Forthcoming economic news-releases

This week will answer a long expected question: will US Fed raise interest rates or not? In case it will happen – it will be the first time since 2006. About one third of the economists believe interest rates will be raised in September and about two third expect it later this year.

On Tuesday, at 8:30 Consumer Price Index from UK is expected. Many economists think that inflation will drop to 0.0%.

At 9:00 German ZEW Economic Sentiment level will be announced.

Later, at 12:30 we are waiting news from US. Retail Sales numbers will show us primary gauge of consumer spending, which accounts for the majority of overall economic activity.

On Wednesday, at 8:30 data from UK labor market (Average Earnings Index & Claimant Count Change) are expected.

At 12:30 will be announced Consumer Price Index (CPI) in US.

At 22:45, we will get information from New Zealand showing change in the inflation-adjusted value of all goods and services produced by the economy (GDP q/q).

On Thursday, at 7:30 Swiss National Bank will inform about their rate decision and will give their Monetary Policy Assessment.

At 8:30 monthly Retail Sales numbers will arrive from UK.

At 12:30 we will know annualized number of new residential building permits issued during the previous month in US (US Building Permits).

Same time, at 12:30 number of individuals who filed for unemployment insurance for the first time during the past week in US (Unemployment Claims) will be announced.

At 14:00 Philly Fed Manufacturing Index will show us relative level of general business conditions in the Philadelphia Federal Reserve district

At 18:00 we are waiting the most paramount event of the next week. Federal Open Market Committee (FOMC) will announce their decision about overnight interest rate.

At 18:30, immediately after interest rate announcement, Yellen’s press conference will follow.

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