Global markets are bracing for a significant influx of economic data next week, with the Federal Reserve's January meeting minutes and the core PCE price index in focus. The Fed minutes, set for release on Thursday, are expected to provide insights into the 2026 rate cut trajectory. On Friday, the initial Q4 U.S. GDP reading and the core PCE index, the Fed's preferred inflation measure, will be closely watched, as a higher-than-expected PCE could influence the pace of monetary policy easing. In addition to U.S. data, central bank activities will be pivotal, with speeches from several Fed officials, the Reserve Bank of Australia's meeting minutes, and the Reserve Bank of New Zealand's interest rate decision. Market expectations suggest the RBNZ will maintain current rates, while the RBA may address inflation risks. Meanwhile, the Supreme Court's upcoming decision on Trump's tariff policy could have significant implications for global trade. In corporate news, Walmart is set to report its fiscal Q4 earnings as the earnings season concludes.