2026-01-18 17:27:20

January 19-23 Macro Events Summary

January 20 (Tuesday)
The U.S. Supreme Court is expected to announce a ruling, with market focus on whether it involves the Trump tariff dispute. If the ruling is delayed, it could bolster the momentum of its tariff policies.
January 21 (Wednesday)
The Supreme Court will hear a case against Federal Reserve Board member Lisa Cook, and the outcome could impact the independence of the Federal Reserve and future political interventions.
January 22 (Thursday)
· The U.S. releases the third quarter GDP final estimate. A significant deviation from the previous value could affect growth confidence and easing expectations.
· Release of November PCE inflation data. Continued slowdown could support easing expectations.
January 23 (Friday)
Release of University of Michigan inflation expectations and January PMI initial data, with relatively weaker influence.
This Week’s Focus
Event impact outweighs data, especially the Supreme Court ruling on tariffs and Cook, which could involve the independence of the Federal Reserve, policy credibility, and market stability.
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