This week, significant economic indicators are set to be released, starting with the U.S. Federal Open Market Committee (FOMC) minutes on May 20 at 1pm ET. This will be the first detailed insight into the Federal Reserve's direction under new Chair Kevin Warsh. On the same day, the UK Consumer Price Index (CPI) for April will be published, following a previous year-on-year increase of 3.3%.
On May 21, the U.S. will release its Initial Jobless Claims figures alongside the S&P Global PMI Flash, providing further insights into the economic recovery and market conditions. These events are expected to influence market sentiment and investor decisions.
Key Economic Events: FOMC Minutes, UK CPI, and U.S. Jobless Claims
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