Week Ahead: Hearings on SVB; BOE, ECB and FED Speakers; Eurozone CPI; China Official PMIS

Key Macro Events

🇪🇺 Governor Gediminas Simkus to present the latest economic forecasts for Lithuania in a press conference – Bloomberg (27)

🇪🇺 Bundesbank Chief Nagel Speaks in Karlsruhe – Bloomberg (27)

🇩🇪 March IFO Business Climate (27)

🇪🇺 Keynote speech by Frank Elderson on the management and supervision of banks’ climate-related and environmental at 30th anniversary of Foreign Bankers’ Association’s The Netherlands in Amsterdam – Bloomberg (27)

🇪🇺 Bank of Portugal Governor and ECB Governing Council member Mario Centeno speaks in a conversation with David Marsh, chairman of OMFIF, the Official Monetary and Financial Institutions Forum, about growth prospects in the euro area – Bloomberg (27)

🇪🇺 ECB executive board member Isabel Schnabel speaks at a Columbia University event in New York – Bloomberg (27)

🇬🇧 BOE Governor Andrew Bailey makes speech at the London School of Economics – Bloomberg (27)

UK, voting closes in the Scottish National party’s leadership election contest with the ruling party in the Holyrood parliament set to announce its new head, and by extension Scotland’s first minister, as soon as the ballots are counted – FT (27)

🇺🇸 Fed Governor Philip Jefferson discusses the transmission and implementation of monetary policy at an event at Washington and lee University – Bloomberg (27)

🇨🇳 China hosts the 2023 Boao Forum for Asia – Nikkei (28)

🇪🇺 EU energy ministers, having successfully seen off the winter heating season without major supply disruptions, meet in Brussels – Bloomberg (28)

🇪🇺 Madis Muller speaks at Bank of Estonia news conference for country’s new economic forecast – Bloomberg (28)

🇪🇺 ECB supervisory board chairman Andrea Enria speaks at Handelsblatt conference on banking supervision – Bloomberg (28)

🇪🇺 ECB governing council member Gabriel Makhlouf speaks at BIS innovation hub event – Bloomberg (28)

🇬🇧 BOE Governor Andrew Bailey testifies at a hearing on Silicon Valley Bank along with deputy governors Dave Ramsden and Sam Woods – Bloomberg (28)

🇬🇧 UK Prime Minister Rishi Sunak is questioned by a Select Committee panel in Parliament – Bloomberg (28)

🇧🇷 🇨🇳 Brazil President Lula meets with Chinese President Xi Jinping during official visit to China – Bloomberg (28)

🇨🇦 Canada’s Finance Minister Chrystia Freeland delivers the federal budget – Bloomberg (28)

🇺🇸 March Conf. Board Consumer Confidence (28)

🇺🇸 US Senate Banking Committee holds first of several hearings on the collapse of Silicon Valley Bank and Signature Bank – Bloomberg (28)

🇹🇼 Taiwan President Tsai Ing-wen transits in New York on her way to visit diplomatic allies in Central America – Bloomberg (29 & 30)

🇪🇺 Slovak National Bank head and member of ECB’s Governing Council, Peter Kazimir, speaks in Bratislava – Bloomberg (29)

🇪🇺 Participation by Isabel Schnabel in panel discussion at 39th Annual National Association for Business Economics’ (NABE) Economic Policy Conference “Orienting Policy for a Polarized World” in Washington, D.C. – Bloomberg (29)

🇬🇧 Bank of England releases its financial policy report assessing risks to the banking system. It’s also releasing a report on systemic risks – Bloomberg (29)

🇬🇧 Bank of England policy maker Catherine L Mann speaks as a panellist at the 39th Annual National Association for Business Economics (NABE) Economic Policy Conference on ‘Inflation and Monetary Policy’ – Bloomberg (29)

🇬🇧 UK Chancellor Jeremy Hunt appears before parliament’s Treasury Committee – Bloomberg (29)

🇺🇸 US House panel focused on recent bank failures, with Fed vice chair for supervision Michael Barr and FDIC chairman Martin Gruenberg to testify – Bloomberg (29)

🇩🇪 March flash Harmonised Index of Consumer Prices (HICP) and CPI inflation rate data (30)

🇪🇺 ECB Publishes Economic Bulletin (30)

🇨🇭 Swiss National Bank governing board members Andrea Maechler and Thomas Moser speak at money market event event in Zurich – Bloomberg (30)

🇺🇸 4Q GDP last estimate (30)

🇺🇸 Boston Fed President Susan Collins to speak on the economy and monetary policy at the NABE meeting in Washington. Treasury Secretary Janet Yellen also speaks – Bloomberg (30)

🇺🇸 Richmond Fed President Thomas Barkin speaks at an event hosted by the Virginia Council of CEOs at the University of Richmond – Bloomberg (30)

🇨🇳 March Official PMIs (31)

🇪🇺 March CPI (31)

🇪🇺 ECB’s Kazaks to Speak About Euro Area, Latvian Economy – Bloomberg (31)

🇪🇺 ECB President Christine Lagarde gives keynote speech at “Future Oriented Meetings” in Florence – Bloomberg (31)

🇪🇺 Participation by Luid de Guindos in a panel at the event “The outlook for the economy and finance” organised by Ambrosetti (31)

🇺🇸 March PCE Inflation (31)

🇺🇸 New York Fed President John Williams speaks on the economy and monetary policy at Housatonic Community College in Connecticut – Bloomberg (31)

🇺🇸 Fed Governor Christopher Waller gives a speech titled The Unstable Phillips Curve at a conference hosted by the San Francisco Fed – Bloomberg (31)

🇺🇸 Fed Governor Lisa Cook gives a speech on the US economy and monetary policy to the Midwest Economics Association in Cleveland – Bloomberg (31)

Earnings

Previews

Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w12

What happened in the World Economy last Week – in charts – w12 (Bloomberg)

*Note: Previous reports can be found here