The Week Ahead: Missouri primaries, FOMC meeting, March Madness

Here’s a look at some of the stories Missouri Business Alert is tracking this week:

Monday

Market watchers expect a pair of weekend data releases from China to set the tone for the start of the week on Wall Street, Bloomberg reports. Chinese government data reported Saturday shows factories and retailers fell short of expectations over the year’s first two months, the Wall Street Journal reports, which may portend trouble for the world’s second-largest economy.

Tuesday

Missourians head to the polls for presidential primaries. Hillary Clinton and Donald Trump hold slim leads in their primaries, according to a poll published Friday by a group of Missouri newspapers, but the poll’s wide margin of error leaves the primary outcome in doubt.

Caleres, the St. Louis-based shoe company, and Peak Resorts, the Wildwood-based operator of ski resorts, both are scheduled to report quarterly earnings.

Wednesday

The Federal Open Market Committee concludes its two-day meeting with an announcement about its latest decision on interest rates. The federal funds rate is expected to remain unchanged at between 0.25 and 0.5 percent despite strong job growth in February, Bloomberg reports.

Thursday

The Missouri Legislature begins its spring break, marking roughly the midway point of the 2016 legislative session. The legislative break ends March 28.

March Madness gets in full swing with the start of the first round of the NCAA Men’s Basketball Championship.The women’s tournament tips off Friday. The Scottrade Center in St. Louis will play host to games in the men’s tournament on Friday and Sunday.

Friday

James Bullard, president of the Federal Reserve Bank of St. Louis, is scheduled to deliver a speech on the economy and monetary policy, Bloomberg reports.

The Missouri Housing Development Commission, an organization that handles financing and development of affordable housing in the state, will hold its annual meeting.

Saturday

The NCAA Wrestling Championship wraps up at Madison Square Garden in New York. The University of Missouri finished fourth in last year’s team competition and claimed its fourth consecutive Mid-American Conference team championship earlier this month.


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