The final week of January will be pivotal for the global economy, featuring major earnings results, monetary policy decisions, and data releases from the largest players. The Federal Reserve will have its first policy decision of the year amid increasingly contrasting takes by FOMC members on the appropriate rate path. Meanwhile, results by Apple, Meta, and Microsoft will unveil fresh signals on AI demand and datacenter investment, with major companies in software, finance, healthcare, manufacturing, and energy also hosting calls. US data will be headlined by durable goods orders and the PPI. Also, the Eurozone and Canada will publish their GDPs. Germany, Spain, and Australia anticipate their inflation rates, while China will unveil its first set of data for the year in their official PMIs. Rate decisions are expected in Canada, Brazil, and Sweden, and the Bank of Japan will publish meeting minutes.