Brazil’s Central Bank is set to announce the new Selic rate this week, while the US Federal Reserve will make its interest rate decision. These events headline a packed economic calendar from January 27 to 31, offering crucial insights for investors and market watchers alike.
The week kicks off with the release of the Focus Report on Monday. This Central Bank of Brazil document outlines key market economic forecasts. The same day will see the publication of the Consumer Confidence Index by the Getulio Vargas Foundation and the Federal Tax Revenue results.
Tuesday marks the beginning of the Chinese New Year holiday, closing local stock exchanges for the week. Japan will release its inflation data and central bank meeting minutes, providing a glimpse into the country’s economic health.
Wednesday brings the highly anticipated Selic rate announcement by the Monetary Policy Committee (Copom). The last meeting in December 2024 saw a one percentage point increase to 12.25% per year, intensifying the high-interest rate scenario.
The Federal Reserve’s interest rate decision will also come on Wednesday afternoon. Last month, the Federal Open Market Committee (FOMC) cut the Fed Funds rate by 25 basis points to 4.25%-4.50% per year.
Thursday’s agenda includes GDP releases for Germany, the Eurozone, Mexico, and the United States. These figures offer the broadest measure of economic activity, revealing overall growth rates. The European Central Bank will also announce its monetary policy decision.
In Brazil, Thursday will see the release of the General Price Index – Market (IGP-M), commonly known as the rent inflation index. This metric serves as a benchmark for public tariffs and various service contracts.
The week concludes on Friday with German retail sales figures and CPI data. Brazil will release its national unemployment rate and budget surplus, rounding out a week rich with economic indicators.
This diverse array of economic events provides valuable insights into global and local market trends. Investors and analysts will closely monitor these releases, using the data to inform their strategies and decisions in the coming weeks.
Economic Calendar for the Week January 27 to 31, 2025
Monday, January 27
Brazil
- 8:00 AM – FGV Consumer Confidence
- 8:25 AM – Focus Bulletin
- 10:30 AM – Federal Tax Revenue
Mexico
- 9:00 AM – Trade Balance
Tuesday, January 28
China
- Holiday – Chinese New Year
Japan
- 2:00 AM – CPI
- 8:50 PM – Monetary Policy Meeting Minutes
Wednesday, January 29
China
- Holiday – Chinese New Year
Eurozone
- 10:45 AM – ECB Press Conference
Brazil
- 2:30 PM – Foreign Exchange Flow
- 6:50 PM – Selic Interest Rate
United States
- 4:00 PM – Fed Monetary Policy Decision
- 4:30 PM – FOMC Press Conference
Thursday, January 30
China
- Holiday – Chinese New Year
Germany
Eurozone
- 7:00 AM – GDP
- 8:30 AM – ECB Monetary Policy Decision
Brazil
- 8:00 AM – IGP-M (General Market Price Index)
Mexico
United States
Friday, January 31
China
- Holiday – Chinese New Year
Germany
- 4:00 AM – Retail Sales
- 10:00 AM – CPI
Brazil
- 8:00 AM – Unemployment Rate in Brazil
- 8:30 AM – Budget Surplus
