2025
Jan. 2
Jan. 3
Jan. 29
Jan. 20
U.S. debt ceiling reinstated, extraordinary measures
U.S. Congress term begins
First Fed pause
Donald Trump inaugurated
Feb. 23
German election
Early March
Chinese Budget 2025 (possibly new stimulus)
March
Japanese Shunto wage negotiations
March/April
Canadian budget
French government falls?
January
February
March
U.S. appropriations bill deadline?
First 100 Days
Tariffs announced
Immigration policy
Confirmations
Budget
Q1
Q2
Q3 + Q4
June
May
April
August
July
April 25
Chinese Politburo Meeting on Economic Issues
Canadian budget
French government falls?
March/April
Likely Australian election
Likely Canadian election
May
June 5
ECB finishes easing cycle with depo rate at 2.00%
Bank of Canada ends easing cycle at 2.25%
June 25
US Treasury X-date (approximate)
August
FOMC resumes rate cuts
July 30
Japan Upper House election deadline
July
2026
December
2017 Tax Cuts & Jobs Act expires (hard deadline for budget deal)
Dec. 31
Click to cycle through the timeline
First 100 Days
Tariffs announced
Immigration policy
Confirmations
Budget