Big week ahead for economic data....>

US DATA PREVIEW: Big week ahead for economic data and monetary policy releases:

MNI Chicago PMI and Conference Board confidence kicks things off Tuesday, ahead

the start of the two day FOMC policy meeting. ADP private employ data early

Wednesday with the Fed's policy announcement in the afternoon. Weekly claims,

unit labor costs and factory orders and on Thursday followed by nonfarm and

private payrolls data sets early Friday.

- Nomura economists anticipate a "largely uneventful" FOMC meeting, "but see

room for a post-meeting statement and press conference to focus attention on the

underperformance of inflation. We think core PCE inflation will decelerate to a

pace of 1.6% y-o-y in March, down from 1.8% in December and after a period of

briefly reaching the Fed's symmetric 2.0% target earlier in 2018."

- To round out the week, the Fed exits their media blackout w/ Chicago Fed Pres

Evans on global economies from Stockholm on Friday followed by NY Fed Pres

Williams on monetary policy and lower bound interest rates from Stanford. Later

Friday evening, Fed Pres' James Bullard, Mary Daly, Robert Kaplan, and Loretta

Mester at a panel event on monetary policy in Stanford.