Central bank meetings will dominate the economic calendar next week ...Middle East

The main spotlight will fall on the Federal Reserve, not only for its rate decision but also for its updated economic projections and the release of its closely watched dot plot, which outlines expectations for future rate moves. President Trump has continued to push for a 100 basis point rate cut, but Fed officials, prior to the pre-meeting blackout period, signaled no urgency to move, citing ongoing uncertainty around tariffs and their unknown impact on inflation, employment and economic growth.

Other key events include:

US retail sales (Tuesday)Australian employment Wednesday/Thursday in Australia.UK retail sales on Friday

With global conflict, you wonder if there will be another week of no tariffs resolution that they Trump administration has been touting since the Saudi Arabia roadshow. Apart from a redo of the China deal, there has been little in the way of progress with other nations.

Monday, June 16

Time: Tentative – BOJ Policy Rate | Forecast:

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