Next Week's Macro Outlook: CPI Faces Off Against Fed Firepower, Fed Officials Speak Intensively Next Tuesday, the U.S. will release the December Consumer Price Index (CPI), which could significantly impact market sentiment and determine the trajectory of gold and silver prices for the week ahead. Here are the key points the market will focus on in the coming week: Tuesday 01:30 - 2027 FOMC voting member, Atlanta Fed President Bostic speaks; Tuesday 01:45 - 2027 FOMC voting member, Richmond Fed President Barkin speaks; Tuesday 07:00 - Permanent FOMC voting member, New York Fed President Williams speaks; Tuesday 23:00 - 2028 FOMC voting member, St. Louis Fed President Mussa speaks; Wednesday 05:00 - 2027 FOMC voting member, Richmond Fed President Barkin speaks; Wednesday 21:30 - U.S. November Retail Sales MoM, U.S. November PPI YoY/MoM, U.S. Q3 Current Account; Wednesday 22:50 - 2026 FOMC voting member, Philadelphia Fed President Harker speaks on economic outlook; Wednesday 23:00 - Fed Governor Waller speaks in Athens; Thursday 01:00 - 2026 FOMC voting member, Minneapolis Fed President Kashkari speaks; 2027 FOMC voting member, Atlanta Fed President Bostic speaks; Thursday 03:00 - Fed releases Beige Book on economic conditions; Thursday 03:10 - Permanent FOMC voting member, New York Fed President Williams delivers opening remarks at an event; Thursday 21:30 - U.S. Initial Jobless Claims for the week ending January 10, U.S. January New York Fed/Philadelphia Fed Manufacturing Index, U.S. November Import Price Index MoM; Thursday 21:35 - 2027 FOMC voting member, Atlanta Fed President Bostic speaks; Friday 01:40 - 2027 FOMC voting member, Richmond Fed President Barkin speaks on Virginia's economic outlook.