Week Ahead: Fed Chair Powell, US, China and Swiss CPI, US Retail Sales, UK GDP
From Investing.com: 2025-02-07 09:38:00
The week ahead is set to be dominated by US-China trade tensions, as Chinese tariffs on US coal, agricultural machines, and autos are set to take effect. Chinese inflation for January is expected to increase slightly due to food inflation from the Lunar New Year effect. Norwegian CPI is expected to remain steady, impacting future rate cut decisions. Fed Chair Powell’s testimonies will focus on inflation progress and the Fed’s policy stance. US CPI for January is expected to rise slightly, with inflation remaining strong in 2025. NZ inflation forecasts will be closely watched for RBNZ policy considerations. Swiss CPI data could impact SNB policy expectations. UK GDP for December is expected to show modest growth, and US retail sales data for January will give insight into consumer sentiment and spending trends.
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