Policy makers, economists and investors will be watching for signs that inflation in the U.S. peaked in March and price pressures are slowly starting to ease.
China’s export boom is expected to ebb in April as the country’s stringent Covid-19 control measures disrupted factory output and the domestic supply chain. Economists surveyed by The Wall Street Journal forecast that the country’s exports rose 3.9% in April from a year earlier, down from a 14.7% increase reported in March. Imports contracted 3% in April, economists said, following a 0.1% decline in March.
