Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: PPI inflation report will be released at 5:00 GMT.
- United Kingdom: CPI, PPI, RPI, and HPI inflation reports to be released at 9:30 GMT. CBI industrial trend survey report due at 11:00 GMT.
- United States: MBA mortgage applications report due at 11:00 GMT. EIA will release its weekly oil inventory report at 14:30 GMT. FOMC will announce the rate decision at 18:00 GMT.
- New Zealand: Q4 GDP due at 21:45 GMT. Growth rate expected to slow to 2.5 percent.
