Economy Week Ahead: U.S. Inflation, China’s Exports in Focus
Policymakers, economists and investors will be watching for signs that inflation in the US peaked in March and price pressures are slowly starting to ease.
China’s export boom is expected to ease in April as the country’s strict Covid-19 control measures have disrupted factory output and domestic supply chains. Economists surveyed by The Wall Street Journal forecast that the country’s exports rose 3.9% in April from a year earlier, down from the 14.7% increase reported in March. Economists said imports fell 3% in April, after falling 0.1% in March.
https://www.wsj.com/articles/economy-week-ahead-u-s-inflation-chinas-exports-in-focus-11652036400?mod=pls_whats_news_us_business_f Economy Week Ahead: U.S. Inflation, China’s Exports in Focus