The President of the European Central Bank Lagarde will speak on Monday, but not on the economy or politics

When you see headlines that Lagarde is speaking today, Monday, January 22, 2024, it will be at a memorial service. Not an event of interest to the markets.

• At 1400 GMT
• A state memorial event in memory of the former President of the Bundestag Wolfgang Schäuble

—

As PS. There are no speakers from the Federal Reserve today, the blackout now applies ahead of the Federal Open Market Committee (FOMC) meeting on January 30th and 31st

• The Federal Reserve's “blackout” policy limits the extent to which Federal Open Market Committee participants and staff can speak publicly or grant interviews. The period begins on the two Saturdays before a Federal Open Market Committee (FOMC) meeting and ends on the Thursday following the decision (decisions are always made on Wednesdays).
• Often, Federal Reserve officials schedule important speeches shortly before the blackout period begins to inform market participants of the upcoming meeting. In general, the Fed doesn't like to surprise markets, so Fed officials will give clear hints about what's to come. If senior Fed officials need to adjust market expectations between the start of the blackout and the decision, they could leak clues to the press; generally the Wall Street Journal.