Week InAdvance: April 25, 2022
Mon Apr 25 City Week 2022 in London. COP 15: the 'other' green summit. | Tue Apr 26 MSRB board meeting. Webby awards announced. | Wed Apr 27 Bloomberg Green Summit. | Thu Apr 28 U.S.initial jobless claims, GDP. 'Take Our Daughters and Sons to Work' day in the U.S. | Fri Apr 29 Semiconductor conference in India. | Sat Apr 30 White House Correspondents' Association annual dinner. | Sun May 1 May Day celebrated in various countries. Start of the five-day May Day holiday in China.
The conflict in Ukraine is having an immediate and longer term impact on the global economy, as the IMF highlighted last week when it cut growth forecasts for numerous countries.
The U.S. and Europe release growth and inflation data as the fastest price increases in decades and the rush by central banks to raise rates stoke recession fears. The first 1Q reading of U.S. GDP comes Thursday, with economists forecasting growth of 1% on an annualized basis. France, Germany and Italy publish CPI data.
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