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The week of March 13 promises to be highly active on the economic calendar, as investors turn their attention to a deluge of market-moving data and monetary policy announcements.

The election of Donald Trump has not only spurred a four-month equities rally, it has brought inflation expectations back to the forefront. The U.S. Federal Reserve will likely expound on those expectations in its March 14-15 policy meeting, which will be accompanied by a spate of fresh economic projections that could provide clues about the pace and timing of future policy changes.

The third week of March may provide the catalyst for a continuation of the so-called Trump rally, or could lead to a pause on Wall Street. Against this backdrop, volatility is expected to be higher than in weeks past.

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