Core U.S. consumer prices probably gained in April in a sign that companies are starting to test their pricing power, a report in the coming week will show. U.S. housing starts and sales of previously owned homes probably increased last month, separate reports may indicate. The U.K. parliament meets for the first time since David Cameron’s Conservative Party won a surprise majority in the May 7 general election. The Bank of Japan announces monetary policy. The Federal Reserve Bank and Bank of England release minutes of their most recent policy-setting meetings, while the European Central Bank also publishes an account of its Governing Council’s April 15 meeting. JPMorgan Chase & Co.,...
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