Fed to align itself with government hiring freeze - WSJ

The Wall Street Journal (WSJ) reported comments from a Federal Reserve (Fed) spokesperson, citing that the Fed plans to follow the rest of the government in implementing a hiring freeze ordered by the Trump administration.

Key Quotes:

“We are aligning ourselves with the administration’s short-term directive at this time.” 

NZ: Dec quarter CPI was a fraction higher than expected - TDS

Analysts at TDS note that the New Zealand’s Dec quarter CPI was a fraction higher than expected, but via two events that don’t determine policy, fuel
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USD/CNY: Neutral bias for the week ahead – MUFG

Lee Hardman, Currency Analyst at MUFG, notes that as usual this time of year, given next week's week-ahead range of 6.8000-6.9000 exactly coincides wi
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