Big economic week ahead for global markets

MG News | December 12, 2022 at 01:15 PM GMT+05:00

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December 12, 2022: Central banks around the world such as the USA, UK, European countries, and more, will announce their scheduled monetary policy, GDP, and inflation data this week before winding down for the end of 2022.

Today, the Office for National Statistics (ONS) UK is all set to release quartely estimated Gross Domestic Product (GDP) percentage.

On December 13, 2022, the USA Bureau of Labor Statistics will announce its Consumer Price Index (CPI) number.

Many investors around the world are eyeing the crucial decision regarding policy rate by Federal Reserve Bank of the United States (FED) and European Central Bank (ECB).

After that the Fed US and ECB will announce their policy rates on 14 and 15 December 2022, respectively.

Moreover on December 16, EU Eurostat will also announce will reveal CPI number of EU.

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