New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: PPI inflation up 0.5 percent y/y in Q1, up 1.7 percent from a year ago.
- Japan: Bank of Japan maintained its monetary policy stance at today’s meeting.
Upcoming:
- France: Q1 GDP report will be released at 5:30 GMT. PPI inflation report will be released at 6:45 GMT.
- Germany: Import price inflation report will be released at 5:30 GMT. Unemployment report will be released at 8:00 GMT.
- United Kingdom: Nationwide house price report will be released at 6:00 GMT. First quarter GDP report will be released at 8:30 GMT. Governor Carney is set for a speech at 14:00 GMT, and Haldane at 14:15 GMT.
- Eurozone: ECB’s Mersch is set for a speech at 5:45 GMT, and Lautenschläger at 6:45 GMT. Sentiment reports will be published at 9:00 GMT.
- Spain: HICP inflation report will be released at 7:00 GMT, along with retail sales report and first quarter GDP report.
- Switzerland: SNB Chairman Jordon is set for a speech at 8:00 GMT.
- United States: First quarter GDP report will be released at 12:30 GMT, followed by Michigan consumer sentiment report at 14:00 GMT.
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