Week InAdvance: September 12, 2022
Mon Sep 12 FSB outreach event. TV's Emmy Awards. | Tue Sep 13 US CPI data for August. | Wed Sep 14 Chinese President Xi Jinping travels to Kazakhstan for a state visit. | Thu Sep 15 SEC's Gensler appears before Senate panel. US retail sales.
The death of Queen Elizabeth II, the longest-serving British monarch, at the age of 96 has set into motion a lengthy period of national mourning and preparations for her state funeral. The Bank of England on Friday postponed for a week an interest-rate decision scheduled for Sept. 15.
Markets will be focused on US inflation data for August after price growth decelerated more than forecast in July. While an expected 8.1% rise in the consumer price index on the year would suggest inflation is cooling, the core measure that excludes food and fuel is seen accelerating. Tuesday's CPI report is the last before Federal Reserve officials convene for their next policy meeting.
President Xi Jinping will make his first foreign trip in more than two years, and is expected to meet Russian counterpart Vladimir Putin on the sidelines of the Shanghai Cooperation Organization summit in Uzbekistan.
The Emmy Awards – the US television industry's highest honors – are broadcast live from Los Angeles on NBC and streamed for the first time on Peacock.
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