Experts are predicting a sharp increase in new coronavirus infections triggered by travels and gatherings during the three-day Memorial Day weekend.
The U.S.. Centers for Disease Control and Prevention's latest national ensemble predicts that the number of newly reported Covid deaths will likely increase over the next four weeks, with 2,100 to 5,300 new deaths likely to be reported in the week ending June 18.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.