US GDP, Inflation Update In Focus As Fed Goes Quiet

It'd be too much to suggest a pivotal week looms for macro watchers, but market participants will be compelled to parse a pair of consequential releases from the US in the days ahead, as well as the nuance of a BoJ meeting. The first read on Q1 GDP is due from the world's largest economy, which probably expanded at a 2.7% pace last quarter, according to consensus. I suppose this goes without saying but that's not consistent with the Fed's pretensions to engineering a slowdown such that growth

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