PANews reported on March 23 that over the past week, the impact of the Federal Reserve meeting has been mixed, with its latest economic forecast seemingly contradicting Fed Chair Powell's assurances of economic resilience. Meanwhile, with the deadline for Trump's broad reciprocal tariffs (April 2) looming, these factors have caused global financial markets to be unsettled. Here are the key points the market will focus on in the new week:
Monday at 21:45, US February S&P Global Manufacturing and Services PMI final value;
Tuesday at 21:05, FOMC permanent voting member and New York Fed President Williams to deliver opening remarks at an event;
Tuesday at 22:00, US March Conference Board Consumer Confidence Index, US March Richmond Fed Manufacturing Index;
Thursday at 1:10, 2025 FOMC voting member and St. Louis Fed President Mussallem to give a speech;
Thursday at 20:30, US initial jobless claims for the week ending March 22;
Thursday at 20:30, US Q4 Real GDP Annualized Quarter-on-Quarter Final Value, Real Personal Consumption Expenditure Quarter-on-Quarter Final Value, Core PCE Price Index Annualized Quarter-on-Quarter Final Value;
Friday at 20:30, US February Core PCE Price Index Year-on-Year, Personal Spending Month-on-Month, Core PCE Price Index Month-on-Month.
Although the Federal Reserve says it is not in a hurry to cut rates, market expectations are becoming more dovish. Investors believe the Fed is likely to cut rates three times this year, as they bet the economic slowdown will exceed the Fed's expectations, which means economic growth data may become the focus in the coming months.
