The Federal Reserve’s policy meeting highlights a full week of economic news.
Surveys of purchasing managers in Japan, Europe and the U.S. will be closely watched for fallout from the Omicron wave of Covid-19 in the opening weeks of January. The indicators, some of the first big data points for the month, should offer insight on whether efforts to contain the variant as well its impact on worker health are affecting demand, supply chains and prices—all key gauges during the pandemic.
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