The Federal Reserve’s highly anticipated monetary policy meeting will be the big deal for global financial markets in the week ahead. While the U.S. central bank is not expected to take action on interest rates, investors will be watching closely for any commentary regarding the stunning selloff in Treasury markets, which saw the 10-year yield surge above

Investors will be closely watching the progress of President Joe Biden’s $1.9 trillion pandemic relief plan through Congress this week against a backdrop of concern over what such a large stimulus package could do to inflation and interest rates. Market participants will be focusing on U.S. inflation figures with a report on the consumer price