Key Economic News To Watch This Week: April 23
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A quick preview of the key economic events for the upcoming week: A busy week of meetings and announcements, the United States’ Federal Open Market Commission meeting on Wednesday looks set to be the most important event of the week. Fed chairman Ben Bernanke is expected to speak, in conjunction with the release of US Q1 GDP figures, on the central bank’s monetary policy and the state of the world’s largest economy.
Monday, April 23
A quick preview of the key economic events for the upcoming week: A busy week of meetings and announcements, the United States’ Federal Open Market Commission meeting on Wednesday looks set to be the most important event of the week. Fed chairman Ben Bernanke is expected to speak, in conjunction with the release of US Q1 GDP figures, on the central bank’s monetary policy and the state of the world’s largest economy.
Monday, April 23
Africa Water Science, Policy and Management Conference opens in the United Republic of Tanzania. In the framework of UNESCO’s International Hydrological Programme (IHP) in Africa, the ‘Water Sciences for Sound Africa Water Policies and Governance in a Changing Environment’ event will be held jointly with the 4th regional meeting of Sub-Saharan Africa IHP National Committees. The main themes of the conference include global changes and water resources and river basins management.
Related Story: Will Africa’s Wet Dreams Turn Into A Nightmare?
The Commission on Crime Prevention and Criminal Justice of the UN Office on Drugs and Crime meets in Vienna.
Related News: 2.4 Million Victims in $32 Billion Human Trafficking Industry: UN
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The Bank of England releases its Trends in Lending report, including an assessment of lending to the UK economy.
Myanmar opposition leader Aung San Suu Kyi makes her parliamentary debut, after winning a seat in a historic election.
Related Story: International Sanctions May Ruin Myanmar’s Opportunity For Change: Joseph Stiglitz
Tuesday, April 24
The Bulgarian parliament debates a vote of no confidence against the government for dropping a nuclear power plant deal with Russia.
Brazil’s Congress meets to vote on a controversial forestry code.
Wednesday, April 25
The Federal Open Market Commission releases its quarterly ‘Economic Projections’ for the United States. The last FOMC report showed that Fed’s annual inflation target is 2.0 percent, and the target fund rate will likely remain between 0 to 0.25 percent until 2014. The Fed also expects unemployment rate to drop to 5.2 to 6.0 percent in the long run.The FOMC is not likely to introduce any policy change in the upcoming meeting.
The 18th Africa Partnership Forum is held in Paris, with the theme “Energy for Africa”. The sessions will focus on the global energy outlook and the implications for Africa. The Africa Partnership Forum (APF) was established following the Evian G8 Summit in 2003 as a way of broadening the existing dialogue between the G8 and the New Partnership for Africa’s Development.
Thursday, April 26
The euro is the topic at a conference of the European Central Bank and European Commission in Frankfurt.
European Commission holds a conference on intellectual property enforcement.
Related Story: Europe’s Economic Honeymoon Is Over: Nouriel Roubini
Friday, April 27
The Bank of Japan meets for its interest rate decision.
The US Bureau of Economic Analysis publishes advance gross domestic product data for the first quarter of 2012.
A European Commission conference opens to discuss regulation of the shadow banking system.
Related Story: The Blame Game: If The Banks Didn’t Cause The Financial Crisis, What Did?
