Global Economy Week Ahead: Service-Sector Activity, Producer Prices, Consumer Sentiment
In the week ahead, the U.S. will see data on service-sector activity, producer prices and consumer sentiment. The Federal Reserve will publish its policy statement.
Monday: The Institute for Supply Management releases its nonmanufacturing index for October. The agency said in its last report that its nonmanufacturing index rose to 61.6 in September, the highest reading on record going back to 2008. Much of the sector’s September growth appeared to come from positioning in preparation for the Trump administration’s tariffs...