US Inflation Data and Global Central Bank Actions in Focus This Week

Markets bracing for potential upside inflation surprises in US core PCE price data and downside surprises in European and Japanese consumer prices this week
US core PCE forecast to rise 0.4% month-on-month, exceeding expectations, partly due to "January effect" and bull run on Wall Street
At least 10 Fed speakers this week, including New York Fed chief, while Powell testifies before Senate
ECB likely to lower inflation forecasts at March meeting, but rate cut seen as unlikely until at least April
BOJ may lift rates from -0.1% in March/April despite expected slowdown in Japan CPI, as officials focus more on rising wages