Financial calendar in Asia 21 February 2025 – Fed, RBA audio system, Japan inflation information
At 2200 GMT /1700 US Japanese time Federal Reserve Board Governor Adriana Kugler speaks on “Navigating Inflation Waves Whereas Using on the Phillips Curve” earlier than the 2025 Whittington Lecture occasion hosted by Georgetown College.
Any feedback on inflation, not to mention a complete speech, are going to seize the market’s consideration.
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Extra central financial institution converse follows. Michele Bullock, Governor; Andrew Hauser, Deputy Governor; Sarah Hunter, Assistant Governor (Financial); and Brad Jones, Assistant Governor (Monetary System) will all seem earlier than the Australian parliament’s Home of Representatives Standing Committee on Economics
- at 9.30 am Canberra time
- 2230 GMT
- 1730 US Japanese time
Andrew Hauser, Deputy Governor, spoke yesterday. Hyperlink to the put up right here. I famous individually that:
- Whereas most of feedback had been erring towards the ‘information dependence’ view on ahead steerage and that inflation remains to be a problem, he did say, which I believed was very instructive, that the Financial institution’s modelling previous to Tuesday’s charge minimize was that inflation ought to decline even when charges had been held regular. A wee extra dovish, or at the least much less hawkish, than I believed he can be.
That is a little bit of bombshell IMO. I wasn’t anticipating any comply with up RBA charge cuts for possibly 1 / 4. Hauser’s remark has me rethinking, sooner possibly?
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And the enjoyable does not cease there. January inflation information from Japan is due right this moment. The Tokyo-area inflation (considered as a little bit of a heads-up to the nationwide determine) confirmed no let up in worth strain:
- Core inflation in Tokyo climbed to 2.5%, its quickest annual improve in practically a yr
The core measure for nationwide CPI is predicted to have climbed in January.
- This snapshot from the ForexLive financial information calendar, entry it right here.
- The instances within the left-most column are GMT.
- The numbers within the right-most column are the ‘prior’ (earlier month/quarter because the case could also be) end result. The quantity within the column subsequent to that, the place there’s a quantity, is the consensus median anticipated.
- I’ve famous information for New Zealand and Australia with textual content because the similarity of the little flags can generally be complicated.
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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