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Economy Week Ahead: Federal Reserve, Interest Rates and Employment in Focus
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The Federal Reserve and Bank of England this week are expected to take fresh steps to curb inflation that is running at multidecade highs, while U.S. employment data is forecast to show another strong month for the labor market.
The Institute for Supply Management’s survey of purchasing managers at U.S. factories is forecast to show another month of expanding activity in April as manufacturers strove to meet high demand for their products while dealing with rising materials costs and wages as well as transportation bottlenecks that have hampered access to supplies.
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