The US Fed’s monetary policy announcement this week is perhaps the single most important economic signal to watch out for. In India, the earnings and projections of three major auto firms and core sector output will also be tracked closely. FOMC meetingThe Federal Open Market Committee (FOMC), which sets the monetary policy in the US, is due to meet on Tuesday and Wednesday. Core growthCore sector output measures the combined growth in eight key infrastructure sectors: coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity. Core sector growth has been in limbo since 2020’s lockdown shock.

Source: Mint April 25, 2021 16:30 UTC