US OUTLOOK: Economists at RBC say the most important events next wk are the FOMC Statement and Q1 GDP report.

US OUTLOOK: Economists at RBC say the most important events next

wk are the FOMC Statement and Q1 GDP report. On FOMC they "do not

expect the Fed to announce any new policy actions and look for

the April statement to simply mark the economic backdrop to

market." Bernanke could talk about lack of payroll strength,

impact of mild weather, and further easing options at the press

conference. For Friday's GDP data, RBC sees +2% but says "be

prepared for some payback once the 2Q data begin to trickle in" -

ie a slowing.