Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that the wage-price mechanism is likely to be sustained. Ueda emphasized that the central bank expected to continue raising interest rates if the economy and prices move in line with the forecast.

South Korea Money Supply Growth: 6.8% (November) vs previous 7.1%

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0064 compared to the previous day's fix of 7.0120 and 6.9678 Reuters estimate.

Australia Consumer Inflation Expectations declined to 4.6% in January from previous 4.7%

United Kingdom RICS Housing Price Balance above forecasts (-16%) in December: Actual (-14%)

Japan Producer Price Index (YoY) meets forecasts (2.4%) in December

Japan Producer Price Index (MoM) meets expectations (0.1%) in December

US President Trump said that he would impose a 25% tariff on select semiconductors, including the Nvidia H200 AI processor and a similar semiconductor from AMD called the MI325X, Reuters reported on Wednesday.

This report was prepared at the Federal Reserve (Fed) Bank of Richmond based on information collected on or before january 5, 2026.

Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said that inflation is still quite far from where they need it to be even though the economy has been pretty resilient at the Atlanta Business Chronicle 2026 Economic Outlook event on Wednesday.

Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari said that the overall economy seems quite resilient and that He has seen less tariff pass through than expected at the Midwest Economic Forecast Forum hosted online by the Wisconsin Bankers Association on Wednesday.

Bank of England Deputy Governor David Ramsden said that wages will remain a key focus for him this year and that his view is that policy remains restrictive in a speech at King's College, in London on Wednesday.

Federal Reserve (Fed) governor Stephen Miran said that he thinks deregulation should put downward pressure on prices, and stated that if central banks don't accommodate the impact of deregulation, it makes policy too tight, in a speech at the Delphi Economic Forum in Athens on Wednesday.

President of the Federal Reserve (Fed) Bank of Minneapolis Neel Kashkari defended Jerome Powell, the Fed chair, and said that interest rates should be held steady this month in an interview with the New York Times on Wednesday.

President of the Federal Reserve (Fed) Bank of Philadelphia Anna Paulson said on Wednesday that she sees further rate cuts later this year if the forecast meets their expectations.

United States Business Inventories came in at 0.3%, above forecasts (0.2%) in October

United States Existing Home Sales (MoM) above forecasts (4.21M) in December: Actual (4.35M)

United States Existing Home Sales Change (MoM) up to 5.1% in December from previous 0.5%

Renewed geopolitical tensions and rising oil volatility have reconnected EUR/NOK with crude dynamics, setting the stage for potential NOK strength if supply risks escalate, Société Générale's FX analysts Olivier Korber and Kit Juckes reports.

EUR/CHF is gradually moving higher as easing geopolitical tensions trigger a partial unwind of the Swiss Franc’s (CHF) safe-haven premium, Société Générale's FX analysts Olivier Korber and Kit Juckes reports.

US Producer Prices rose 3.0% in November from a year earlier, according to the latest figures from the Bureau of Labour Statistics (BLS). The print came in above estimates and October’s 2.8% gain.

United States Producer Price Index ex Food & Energy (YoY) increased to 2.9% in October from previous 2.6%

United States Producer Price Index ex Food & Energy (MoM) rose from previous 0.1% to 0.3% in October

United States Producer Price Index (YoY) climbed from previous 2.7% to 2.8% in October

United States Producer Price Index (MoM): 0.1% (October) vs previous 0.3%

United States Producer Price Index ex Food & Energy (YoY) came in at 3%, above forecasts (2.7%) in November

United States Producer Price Index ex Food & Energy (YoY) increased to 3% in October from previous 2.6%

United States Producer Price Index (YoY) above expectations (2.7%) in November: Actual (3%)

United States Producer Price Index (MoM): 0.2% (October) vs previous 0.3%

United States Producer Price Index ex Food & Energy (YoY) came in at 3.5%, above expectations (2.7%) in November