FX.co ★ Week Ahead - Dec 8th

Next week, the Federal Reserve is poised to make its final monetary policy decision for the year, capturing global market attention. Accompanying this decision, members of the Federal Open Market Committee (FOMC) will update their economic forecasts. Notably, the federal government shutdown has restricted access to any official data beyond September, impacting what information can be considered. As a result, the release of the October JOLTS report and third-quarter employment cost figures will experience delays. Key interest rate decisions are also expected from the central banks of Canada, Switzerland, Australia, Brazil, and Turkey. Concurrently, China is set to release its November economic account, along with data on consumer and producer inflation. In Europe, the United Kingdom will reveal its monthly GDP and trade statistics, alongside releasing industrial production figures with Germany and Italy.