At 7:45 a.m. — The governing council of the European Central Bank makes a decision on interest rates. Analysts expect the panel to raise interest rates for the first time since 2008. The bank, which controls monetary policy for the euro currency, has maintained its target interest rate at 1 percent since May 2009 to try to boost growth, but some expect it to raise the rate to 1.25 percent, responding to higher commodity prices.
At 10:30 a.m. — The Federal Communications Commission holds an open meeting. The agency is expected to vote on a data-roaming proposal.
At 3 p.m. — The Federal Reserve releases consumer credit data for February. Forecasts suggest the data will show that the outstanding debt held by American consumers rose by $4.8 billion.