Week Ahead Economic Preview: UK inflation, employment data, BoJ meeting and China data

tweet at 3:01pm: FED'S CLARIDA: STARTING POLICY NORMALISATION IN 2022 WOULD BE PERFECTLY CONSISTENT WITH THE NEW FLEXIBLE AVERAGE INFLATION TARGETING FRAMEWORK. tweet at 3:00pm: FED'S CLARIDA: THE UNDERLYING RATE OF INFLATION IN THE US ECONOMY IS STILL HOVERING AROUND THE FED'S LONGER-RUN TARGET OF 2%.

tweet at 4:19pm: Fed's Harker: Pencilled In Three Rate Hikes For 2022 But Four Increases Are Not Out Of Question tweet at 4:18pm: Fed's Harker: Should Think About Balance Sheet Normalisation After Rates Are Sufficiently Above Zero - CNBC tweet at 4:18pm: Fed's Harker: Not Concerned Fed Behind On Inflation But Action Required - CNBC tweet at 4:20pm: FED'S HARKER: IN MY OPINION, THE US ECONOMY HAS REACHED ITS MAXIMUM EMPLOYMENT MANDATE. tweet at 4:23pm: PHILLY FED'S HARKER Q&A/CNBC: NOT OVERLY CONCERNED ABOUT SPECULATIVE BUBBLES HERE AND THERE RIGHT NOW; ENDS Q&A #Harker #federalreserve

tweet at 4:48pm: FED'S DALY: RISING INTEREST RATES IN MARCH IS 'VERY PLAUSIBLE.' tweet at 4:50pm: FED'S DALY: WE DON'T WANT TO RAISE RATES WHILE STILL PURCHASING BONDS tweet at 4:50pm: FED'S DALY: AFTER ONE OR TWO RATE HIKES, THE BALANCE SHEET MIGHT BEGIN TO DECREASE, MOST LIKELY BY THE END OF THE YEAR tweet at 4:51pm: FED'S DALY: THE PACE OF BALANCE-SHEET REDUCTION CAN BE FASTER THAN THE PREVIOUS TIME, BUT IT MUST BE CONSISTENT AND NOT MEETING BY MEETING.