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China data may sway Fed's rate decision

Any evidence of a further slowdown could dissuade US central bank from tightening policy as expected in June

Published Mon, May 9, 2016 · 09:50 PM

London

THE Federal Reserve's debate over whether to raise US interest rates in June may be decided in the coming week, as investors look for any cracks in China and evidence of a solid start to the second quarter in the United States.

A run of Chinese data is expected to show activity moderated in April after a strong showing in March. It started on Sunday with a greater-than-expected fall in China's April exports and imports.

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