Inflation Appetizer Precedes Central Bank Main Course in Morning Bid.

Global stock markets continue to rise, with the S&P 500 registering a 20% rise off its October low, confirming a bull market. However, investors are anxious about the monthly U.S. consumer price index report, which is expected to show the country's inflation rate slowing from 4.9% annually to 4.1%. The Federal Reserve is widely expected to pause its rate-hiking cycle when it gives its latest policy decision on Wednesday. The week also includes central bank meetings from the European Central Bank and Bank of Japan.