welcome to a brand new week. looks like it s going to be a busy month for central banks from the us, europe and japan. on wednesday the us federal reserve will wrap up its two day meeting to decide on a cost of borrowing in the worlds largest economy. expectations are high at the fed and will hit the pause button this week after raising interest rates ten times and fascia. on thursday policymakers from the european central bank are expected to meet and they at the delicate balance of taming inflation while trying to avoid the risk of falling into a recession. and rounding out the week the bank ofjapan will be in session to debate on its monetary policy moods. expectations are high that they will continue to remain its ultra loose monetary policy. it s notjust central banks that investors will be watching closely this week, china is poised to unveil a slew of its latest data. later today at loan growth and money supply data for may could offer some clues on cash that is in cir
clues on cash that is in circulation and the deposits that are in financial system. and on thursday we will get a gauge of how factories are performing and a check on the retail pulse for the month of may. earlier i spoke with calvin wong of rwanda and he gave me his take on how he thinks the fed will move this week. , . , , . week. they are pretty much actina week. they are pretty much acting this week. they are pretty much acting this will week. they are pretty much acting this will be week. they are pretty much acting this will be the - week. they are pretty much acting this will be the first l acting this will be the first in the current interest rate cycle. it could change to 5%. i do not believe it will actually really high interest rate in line with the us treasury and in the process of issuing more t bills to fill up this cash balance. t-bills to fill up this cash balance- t-bills to fill up this cash balance. ., , ., ., balance. the european central bank revised balan