Eco Week Ahead

Fed Set to Lead Uneasy G-7 With Rates Kept on Hold This Week

WATCH: Scott Alvarez, former general counsel at the Federal Reserve Board and adjunct professor at the George Washington School of Law, joins Scarlet Fu on “Bloomberg Real Yield.” The Justice Department is ending a controversial investigation into building-renovation cost overruns at the Fed.Source: Bloomberg

Policymakers in the US and across the Group of Seven will probably keep interest rates steady this week while watching nervously for signs of higher energy costs fanning inflation.

Three days of decisions in Washington, Ottawa, London, Frankfurt and Tokyo are widely anticipated to result in unchanged borrowing costs across the club of rich nations, with each central bank seen keeping a hawkish eye on fallout from the Iran war.