Source: fortune.com --- Sunday, April 24, 2016
Hello friends and Fortune readers. Investors will be watching the Fed closely, looking for the central bank’s latest decision on interest rates (though no change is expected), while there will also be a new GDP estimate for the markets to parse over. Meanwhile, corporate earnings season is in full swing, with Apple’s latest results headlining a week of major earnings announcements. And, the remaining presidential candidates continue to battle over votes and delegates, with five more states heading to the polls early in the week. Here’s what you need to know for the week ahead. 1. Fed meeting Leaders at the U.S. Federal Reserve will gather in Washington for their third, two-day monetary policy meeting of the year. Fed chair Janet Yellen and her fellow central bank officials are likely to leave interest rates unchanged, as they push back their plans to incrementally raise rates after hiking rates last year for the first time in nearly a decade. The Fed will announce its rate decision on Wednesday, with benchmark rates expected to remain in the 0.25% to 0.5% range. A recent Reuters poll of economists found that a majority expect the Fed will wait to hike rates again in June. 2. U.S. GDP This week brings another fresh batch of economic data with the potential to shine a light on the state of the nation’s economy while affecting market movement. On Thursday, the Commerce Department is likely to report that the U.S. economy’s growth sl ...
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