BUSINESS THIS WEEK

THE US Federal Reserve will take centre stage on Wednesday when it announces its latest interest rate decision.

THE US Federal Reserve will take centre stage on Wednesday when it announces its latest interest rate decision.

Commentators are predicting that a rate cut of 0.25 per cent is on the cards.

Monday

Results: Electrolux, Schering, Verizon, Whitbread.

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Meetings: Arena Leisure agm.

Indicators: German HICP (Mar).

Other: William Fry will host a briefing on the theme of "celebrating innovation" to mark World Intellectual Property Day; European Commission spring economic forecasts for 2008 and 2009 for the euro area; Taoiseach Bertie Ahern to launch OECD Review of the Irish Public Service (Dublin Castle); financial regulator to publish 2007 annual report; trading updates from Asos and Just Retirement.

Tuesday

Public holiday in Japan.

Results: BP, CB Richard Ellis, Connacht Gold, Daimler, Deutsche Bank, Icon, K-Swiss, Trinity Biotech.

Meetings: FBD and HBOS agms.

Indicators: US Conference Board consumer confidence (Apr), Case-Schiller house prices (Feb) and weekly retail sales (Apr 26th); UK consumer credit (Mar) and CBI monthly distributive trades survey (Apr); German retail sales (Apr); French consumer confidence (Apr).

Other: Launch of the PwC/Amárach Research Asia property survey (College of Physicians, Dublin 2).

Wednesday

Results: Alacatel-Lucent, Coillte, Colgate-Palmolive, Garmin, Ingersoll-Rand, Iona Technologies, Kraft Foods, Mitsubishi, Proctor Gamble, Sanofi-Aventis, Siemens, Starbucks, Symantec.

Meetings: British American Tobacco agm.

Indicators: EU HICP (Apr), unemployment (Mar), and business and consumer confidence indices (Apr); Irish Central Bank monthly figures (Mar).

Other: ECB president Jean-Claude Trichet to give a keynote speech at the Karlspreis Europa Forum (Aachen, Germany).

Thursday

Public holiday in Germany, France and Italy.

Results: Aon, Burger King, Cardinal Health, Expedia, ExxonMobil, Getty Images, Smith Nephew, Sun Microsystems.

Indicators: Irish NCB purchasing managers' survey (Apr).

Friday

Results: Chevron, Nortel Networks.

Meetings: Benfield and T Clarke agms.

Indicators: Irish exchequer returns (Apr).