United States:
Fed Minutes Eyed for Details on Rate Liftoff, Shrinking Assets
“Investors gauging the likely timing of the Federal Reserve’s first interest-rate hike and its kick-off for shrinking a balance sheet now at a record $8.8 trillion will get fresh clues on Wednesday, with minutes of policy makers’ meeting last month.”
Europe:
Euro-Area Inflation Is Close to Peak, ECB’s Villeroy Says
“The surge in euro-area inflation that surprised policy makers in recent months is close to its peak, according to European Central Bank Governing Council member Francois Villeroy de Galhau.”
Asia:
BOJ Plans to Discuss Changing Long-Held View on Price Risks, Sources Say
“Some Bank of Japan officials say it’s likely the central bank will discuss the possible ditching of a long-held view that price risks are mainly on the downward side at a policy meeting this month, according to people familiar with the matter. The officials are also likely to consider adjusting the bank’s growth outlook, the people said.”
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