The US Federal Reserve will announce its latest interest-rate decision on Thursday. It is widely expected that the federal funds rate will go up by 0.25% to 1.75%. The gains in employment have been solid, which is likely to support the rate-setting panel’s view of gradual increases are warranted.
In Asia, there are also interest-rate decisions in the Philippines, Taiwan and Indonesia.
The UK must decide what to do about interest rates too. Many expect the bank to keep the base rate at 0.5%. That is provided the rate of inflation remains around 3%. The latest inflation numbers are due out just two days before the announcement.
Japan has also will release inflation figures. In January, consumer prices rose by 1.4%, after a 1% gain the previous month. Prices rises were driven by a jump in the cost of food.
Russia could confirm its next president as early as Monday. The first round of elections will take place on Sunday 18 March. A second round will only be necessary if no candidate attains more than 50% of the votes. No prizes for guess who the next president of Russia will be.
And finally, Singapore will announce inflation numbers for February. In January, the rate of inflation was 0%. That was because the cost of food and transport went up at a slower rate, while the cost of housing and utilities fell more. Core inflation, which strips out volatile elements, was 1.4%.
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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn't own shares in any companies mentioned.