W Week Ahead

Week Ahead: Davos Forum, Fed & ECB Speakers, FOMC Minutes

23 May, 2022

Key Macro Events

🌎 World Gas Conference in Daegu, Korea (23 to 27)

🇺🇸 🇯🇵 US President Joe Biden meets with Japanese Prime Minister Fumio Kishida in Tokyo – Bloomberg (23)

🇪🇺 EU, the eurogroup of 19 finance ministers from member states that adopted the single currency meet in Brussels ahead of the Ecofin council meeting of all EU finance ministers. Plus, the EU General Affairs Council meets in Brussels – FT (23)

🇪🇺 🇬🇧 ECB Governing Council members Robert Holzmann and Joachim Nagel, BOE Governor Andrew Bailey discuss inflation at an Austrian National Bank conference in Vienna – Bloomberg (23)

🇪🇺 European Central Bank Governing Council member and Bank of Spain Governor Pablo Hernandez de Cos attends the opening of an exhibition at the Bank of Spain – Bloomberg (23)

🇪🇺 ECB’s Villeroy, IMF’s Georgieva Speak in Davos – Bloomberg (23)

🇺🇸 Atlanta Fed President Raphael Bostic discusses the economic outlook at an event hosted by the Rotary Club of Atlanta – Bloomberg (23)

🇺🇸 Kansas City Fed President Esther George speaks at an agricultural symposium hosted by her bank – Bloomberg (23)

🌏 Leaders from Japan, India, Australia and the U.S. gather in Tokyo for the Quadrilateral Security Dialogue summit on the last day of Biden’s five-day trip to South Korea and Japan – Nikkei (24)

🇺🇸 Primary elections are held in Alabama, Arkansas, and Georgia, where the state’s Republican gubernatorial contest pits incumbent Brian Kemp against Donald Trump-endorsed former Senator David Perdue. Texas holds primary runoffs, where the GOP nomination for attorney general is between Land Commissioner George P. Bush and incumbent Ken Paxton – Bloomberg (24)

🌎 Manufacturing and Services PMIs (24)

🇪🇺 ECB’s Villeroy Speaks About Financial Inclusion (Davos) – Bloomberg (24)

🇺🇸 New Home Sales for April (24)

🇺🇸 Fed Chair Jerome Powell delivers welcoming remarks via pre-recorded video to the National Center for American Indian Enterprise Development 2022 Reservation Economic Summit – Bloomberg (24)

🇪🇺 Austrian National Bank Governor and ECB Governing Council member Robert Holzmann speaks at the Central & Eastern European Forum in Vienna – Bloomberg (25)

🇪🇺 ECB’s Lagarde Speaks in Davos – Bloomberg (25)

🇪🇺 Bank of Finland Governor Olli Rehn speaks at the bank’s annual payments forum (25)

🇪🇺 European Central Bank Governing Council member and Bank of Spain Governor Pablo Hernandez de Cos makes the introductory remarks at a conference in Madrid about European macroeconomic policies. ECB Executive Board member Philip Lane will give the keynote speech at 11:45 a.m – Bloomberg (25)

🇪🇺 EU, ECB publishes its twice-yearly stability review plus OECD publishes economic outlook for the eurozone – FT (25)

🇺🇸 Fed Governor Lael Brainard makes remarks at the Johns Hopkins University School of Advance International Studies 2022 Commencement Ceremony in Washington – Bloomberg (25)

🇺🇸 Durable Goods Orders for April (25)

🇺🇸 FOMC Minutes (25)

🇷🇺 The Eurasian Economic Union, Russia’s answer to the European Union, is due to hold a heads of state summit in Kyrgyzstan’s capital, Bishkek – Nikkei (26)

🇺🇸 US House Financial Services Committee holds a hearing on “Digital Assets and the Future of Finance: Examining the Benefits and Risks of a US Central Bank Digital Currency.” – Bloomberg (26)

🇺🇸 1Q GDP (26)

🇺🇸 Pending Home Sales for April (26)

🇪🇺 Philip Lane participates in policy panel discussion at 2022 BOJ-IMES Conference: “New Dimensions and Frontiers in Central Banking” – Bloomberg (27)




Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w20


What happened in the World Economy last Week – in charts – w20 (Bloomberg)

*Note: Previous reports can be found here