US Dollar:
1. US Republican Congressman Hill: The Federal Reserve and the House of Representatives are consulting on the date of Powell's semi-annual testimony.
2. Federal Reserve – ① Goolsby: Given ample signs of a stable job market, the central bank should focus on reducing inflation. ② Bostic: Inflation is too high; a tight policy needs to be maintained. ③ Paulson: Supports keeping interest rates unchanged at the next meeting. ④ Schmid: Monetary policy is not currently very tight; there is almost no reason to cut rates. ⑤ Daly: Policy is in a "good position," and adjustments should be made cautiously.
Euro:
1. Germany's economy is projected to grow by only 0.2% in 2025, and is still in a difficult recovery phase.
2. European Central Bank: Overall inflation is projected to average 1.9% in 2026, 1.8% in 2027, and 2.0% in 2028. Economic growth forecasts for the three years are 1.2%, 1.4%, and 1.4%, respectively.
Japanese Yen:
1. Sources: The Bank of Japan may keep interest rates unchanged in January. The Bank of Japan is reportedly paying more attention to the weak yen than before. 2. When asked about a possible joint US-Japan intervention, Japanese Finance Minister Satsuki Katayama stated that no option was ruled out.
3. Some Bank of Japan officials believe that an earlier-than-expected interest rate hike is more likely, with a high probability of an April hike.
Other:
1. It is reported that the UK statistics agency is considering delaying the release of its new employment survey by six months.
2. India's Trade Secretary: India-EU trade negotiations are expected to conclude by January 26th, depending on the progress of negotiations over the next five days.
3. Hong Kong Financial Secretary Paul Chan: There will be no reduction in stamp duty on stocks; the increase in stamp duty this fiscal year will mainly come from stocks.
4. South Korean Finance Minister: The $350 billion investment in the US is unlikely to start in the first half of the year. Expectations of excessive depreciation of the Korean won must be stopped.
