Business Lookahead: Inflation and Swiftonomics

STORY: From Fed and BoJ meetings to an economic boost from Taylor Swift, these are the stories to watch in business and finance in the coming days.

:: U.S. inflation

The Fed looks certain to hold rates steady when it ends a two-day meeting on Wednesday.

May inflation figures will be released just hours before the Fed statement.

Further signs of inflation easing could cement expectations for rate cuts, especially given signs of economic weakness.

:: Japan's economy

Bank of Japan Governor Kazuo Ueda has already dropped a strong hint of what to expect at June's meeting.

A consensus is building for some kind of taper of long-running quantitative easing when the BOJ concludes its two-day meeting on Friday.

:: Ukraine help

G7 leaders are hoping for progress on how to funnel urgently needed funds to Ukraine at a meeting in Italy ahead of a peace summit in Switzerland.

The push follows a recent EU decision to use the profits earned on immobilized Russian assets.

A loan backed by the income from frozen assets could provide Kyiv with as much as $50 billion in near-term funding and has emerged as one top option.

:: Swiftonomics

It's Britain's turn to benefit from Taylor Swift's Eras Tour.

Barclays estimates it could provide an almost one billion pound boost to the economy, with spending by ticket holders more than 12 times the average cost of a UK night out.

The spending boost, even if temporary, suggests service-sector inflation could remain sticky for longer.