*** First full wk of new year ushers in a.......>

FED: *** First full wk of new year ushers in a flurry of data with focus on CPI

Fri (0.1% est vs. 0.4% prior), 3-, 10- and 30Y Tsy auctions two re-opening), and

several Fed speakers through wk (blackout period begins on Sat, Jan 20). SF Fed

pres Williams and Bost Fed pres Rosengren will touch on mon/pol and eco outlook

at separate events Mon. Annual meeting of American Economic Assn Sat, Reuters

quoted Fed president Williams that three hikes in 2018 "makes sense" while the

U.S. economy "will be 'in a very positive place two years from now: I think

we'll be at 2 percent inflation and around 4 percent unemployment'". Minn Fed

pres Kashkari speaks Tue, Chi

Fed pres Evans and StL Fed pres Bullard at separate events on Wed. NY Fed pres

Dudley will address the 2018 economic outlook Thu at a SIFMA event in NY

Thursday while Bost Fed pres Rosengren rounds out wk touching on

Money/Models/Innovation at an event in La Jolla, California Friday evening.