Amid a booming economy and rising inflation, the Federal Reserve this week could signal that it’s likely to move up the timetable for withdrawing the extraordinary stimulus measures it has enacted during the COVID-19 pandemic.
The Fed meeting highlights a busy week of economic news that also features the latest data on retail sales and housing starts.
Autos may crimp retail sales
Retail sales have been choppy lately, flatlining in April after a strong March fueled by government stimulus checks and a rebound from February’s storms.
