12:07 PM MST today My son Aleksander is born. I'm so happy for this big moment I've shared with my wife @ToshiAyame .

Commentary: Expect higher volatility with equities and especially commodities for the foreseeable future. Have a great weekend everyone!

Jefferson is delivering a keynote address at the American Institute for Economic Research, Shadow Open Market Committee, and Florida Atlantic University Conference. This speech is scheduled for 55 minutes. More information can be found here:

Bowman will deliver the morning keynote speech at the Outlook '26 New England Economic Forum. This speech is scheduled for 45 minutes. More information can be found here:

Collins is giving the opening remarks at the Outlook '26 New England Economic Forum. This speech is scheduled for 10 minutes. More information can be found here:

• Weekly CFTC Commitment of Traders report at 3:30 PM (Not listed) FED Speakers: • Collins at 10:50 AM • Bowman at 11:00 AM • Jefferson at 3:35 PM

US Economic Events for Friday, January 16th, 2026 All times Eastern (UTC -5:00) $SPY $QQQ #NASDAQ #Macro #SPX #oil #CFTC Important events for today include: • December Industrial Production at 9:15 AM • Weekly Baker Hughes Rig Count at 1:00 PM

Schmid is speaking about the US economic outlook and monetary policy at the Economic Club of Kansas City. More information can be found here: https://t.co/sUPntQ4DPz Commentary: Expect higher volatility with equities and especially commodities for the foreseeable future.

Barkin will be speaking at the Virginia Bankers Association/Virginia Chamber Financial Forecast. More information can be found here:

Barr is participating in the Stablecoins panel at the Wharton School of the University of Pennsylvania Conference: Future of Finance Forum. This panel is scheduled for 45 minutes. More information can be found here:

Bostic will be speaking on the US economic outlook at a Metro Atlanta Chamber Board of Directors meeting. More information can be found here:

FED Speakers: • Bostic at 8:35 AM • Barr at 9:15 AM • Barkin at 12:40 PM • Schmid at 1:30 PM

• January Philadelphia Fed Manufacturing Index at 8:30 AM • January NY Empire State Manufacturing Index at 8:30 AM • Weekly EIA Natural Gas Storage Report at 10:30 AM • November Treasury International Capital (TIC) report at 4:00 PM

US Economic Events for Thursday, January 15th, 2026 All times Eastern (UTC -5:00) $SPY $QQQ #NASDAQ #Macro #SPX #PPI #EIA #natgas Important events for today include: • Weekly Initial Jobless Claims at 8:30 AM • November Import/Export Price Index at 8:30 AM

This will have an impact on further-dated CME SOFR futures (SR3) as well as KRW forex pairings. Look at the KRW/USD forex pair for volatility, as well as the following CME listed forex futures: KRW as well as DX on the ICE.

Commentary: Expect higher volatility with equities and especially commodities for the foreseeable future. There is a Bank of Korea rate decision at 8:00 PM. It may have some sort of impact on US listed, South Korean companies such as $CPNG or $KT.

Williams will give the opening remarks at the "An Economy That Works for All: Financial Inclusion" event organized by the Federal Reserve Bank of New York. This speech is scheduled for 10 minutes. More information can be found here:

Bostic is participating in a moderated discussion on the US economy as part of the Atlanta Business Chronicle 2026 Economic Outlook event. This discussion is scheduled for 50 minutes. More information can be found here:

Kashkari will participate in a town hall conversation hosted by the Wisconsin Bankers Association. This conversation is scheduled for 45 minutes. More information can be found here:

Miran is speaking on "Regulations, the Supply Side, and Monetary Policy" at a Delphi Economic Forum Lecture event. You can watch it live on YouTube here:

Paulson will speak on the US economic outlook at a Chamber of Commerce for Greater Philadelphia State of the Economy event. More information can be found here: