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This week is all about Thursday’s employment report in Australia. Will the record breaking run of 16 consecutive months of job gains continue? The CBA issues the Business Sales Indicator for February. And the Bureau of Statistics releases its somewhat dated update on residential property prices. The Reserve Bank releases the minutes of its March meeting.
The US central bank monetary policy meeting takes centre stage this week. Markets are almost certain that the Federal Open Market Committee (FOMC) will lift interest rates for the first time this year, having lifted the federal funds rate three times last year.

Published by Ryan Felsman, Senior Economist, CommSec