Nonfinancial global corporate issuance is expected to grow by 5.5% according to our latest issuance forecast, supported by a healthy refinancing pipeline and expectations for lower rates, but tempered by slower global economic growth. The main focus this week is likely to be the tone of Chairman Powell’s comments following the U.S. Federal Reserve’s meeting (Wednesday), as markets remain bullish on the speed and quantum of 2024 U.S. rate cuts. The Bank of England’s monetary policy meeting (Thursday) will also be watched closely. Key economic data releases this week include the Euro Area fourth-quarter GDP flash estimate (Tuesday) and flash consumer price index for January (Thursday), and U.S. payroll data (Friday)--amid a number of fourth-quarter earnings reports.