Global Week Ahead September 14 – September 20

Economics Research 13 September 2026 | 8:14PM EDT

Global Week Ahead: September 14 – September 20

We highlight our Economics teams’ forecasts of central bank decisions and economic data Jan Hatzius | for the coming week, including our most out-of-consensus views. Goldman Sachs & Co. LLC

Joseph Briggs n Central bank meetings: Central banks in US, Japan, UK, Czech Republic, Brazil, | Ukraine are scheduled to meet this week. Goldman Sachs & Co. LLC

Sarah Dong o Our forecasts are stronger than consensus in: | Goldman Sachs & Co. LLC § US (GS: 3.875%, consensus: 3.625%, last: 3.625%). Megan Peters | o Our forecasts are in line with consensus in: Goldman Sachs International

§ Japan (GS: 1.25%, consensus: 1.25%, last: 1.0%), § UK (GS: 3.75%, consensus: 3.75%, last: 3.75%), § Czech Republic (GS: 3.75%, consensus: 3.75%, last. 3.75%), § Brazil (GS: 13.75%, consensus: 13.75%, last: 14.0%), § Ukraine (GS: 16.0%, consensus: 16.0%, last: 15.5%).

n Key global indicators: Several key global indicators will be released this week, including Euro Area Core HICP, India CPI, Japan New-Core CPI, US Core Retail Sales, UK Core CPI, UK Unemployment Rate, Canada CPI. o We are stronger than consensus on: § US Core Retail Sales mom (GS: 0.6%, consensus: 0.4%, last: -0.4%). o We are weaker than consensus on: § Japan New-Core CPI yoy (GS: 1.9%, consensus: 2.0%, last: 1.9%), § UK Unemployment Rate (GS: 5.0%, consensus: 4.9%, last: 4.9%).

n Our most out-of-consensus forecasts for the week: We have one out-of-consensus view (where our forecast differs from consensus by at least one standard deviation of the historical surprise) for other indicators this week: o We are weaker then consensus on: § Colombia Economic Activity yoy (GS: 0.4%, consensus: 1.8%, last: 3.51%).

Our economics teams’ week ahead publications: Please refer to our macro teams’ week ahead publications in the US, Europe, Japan, Australia and New Zealand, Asia-ex Japan, CEEMEA, and LATAM for more details on the upcoming data releases and our forecasts.

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Goldman Sachs Global Week Ahead

Global Week Ahead: September 14 – September 20

Exhibit 1: Central Bank Policy Decisions

*Market pricing as of Friday close. See below for the methodology we use to compute market pricing.

Source: Goldman Sachs Global Investment Research, Bloomberg, Haver Analytics

Exhibit 2: Selected Global Indicators

*Scores are calculated as the difference between GS forecast and Bloomberg consensus, normalized by the historical standard deviation of actual data print minus Bloomberg consensus forecast.

Source: Goldman Sachs Global Investment Research, Bloomberg