The Week Ahead

DC Week Ahead: President Barack Obama hosts French President Francois Hollande for two days, beginning with a trip to Monticello, the Virginia home of Thomas Jefferson. Federal Reserve Chair Janet Yellen will testify before House and Senate Committees to deliver the Fed’s semi-annual report on monetary policy and the outlook for the U.S. economy.

International Week Ahead: The Bank of England will publish its quarterly economic outlook, with new forecasts for growth and inflation, and European Central Bank President Mario Draghi is scheduled to speak in Brussels.

Debt Limit Update: Treasury begins the use of extraordinary measures to continue to pay the government’s bills until late February. The House could move legislation to increase the debt limit as early as this week.

Day-By-Day Summary

Monday, February 10

POTUS tours Monticello with President Hollande of France House of Representatives is in session US Senate is in session CFTC’s Technology Advisory Panel meets to discuss swap-data reporting EU foreign ministers meet in Brussels Syrian peace talks resume in Geneva

Tuesday, February 11

POTUS and FLOTUS officially welcome President Hollande POTUS hosts a State Dinner for President Hollande House of Representatives is in session US Senate is in session Federal Reserve Chair Yellen testifies at Financial Services Cmte (10:00 AM ET) NJ Gov Chris Christie speaks at the Economic Club of Chicago (1:30 PM ET) CBO Director Elmendorf testifies before the Senate Budget Cmte (10:30 AM ET) Former Italian PM Silvio Berlusconi goes on trial in Naples for bribing a senator Taiwanese and Chinese officials meet for their first formal meeting in 65 years Speech: Philadelphia Fed Pres Plosser on economic outlook (9:00 AM ET) Speech: Richmond Fed Pres Jeffrey Lacker on financial stability (8:00 PM ET) Speech: Dallas Fed Pres Richard Fisher on the economic outlook (8:10 PM ET) Economic Report: NFIB Small Business Optimism Index (7:30 AM ET) Economic Report: ICSC-Goldman Store Sales (7:45 AM ET) Economic Report: JOLTS (10:00 AM ET) Economic Report: Wholesale Trade (10:00 AM ET)

Wednesday, February 12

House of Representatives is in session US Senate is in session The House Democratic Caucus holds its Issues Conference in Cambridge, MD Politico hosts "Morning Money" breakfast at the Newseum (8:00 AM ET) CFTC reviews Dodd-Frank Act swaps mandate (9:00 AM ET) Bank of England releases inflation report, Gov. Carney gives press conference Speech: ECB President Mario Draghi in Brussels Speech: St. Louis Fed Pres Bullard on the economic outlook (8:35 AM ET) Economic Report: Atlanta Fed Business Inflation Expectations (10:00 AM ET) Economic Report: EIA Petroleum Status Report (10:30 AM ET)

Thursday, February 13

US Senate is in session Federal Reserve Chair Yellen testifies to the Senate Banking Cmte (10:30 AM ET) Economic Report: Weekly Jobless Claims (8:30 AM ET) Economic Report: Retail Sales (8:30 AM ET) Economic Report: Bloomberg Consumer Comfort Index (9:45 AM ET) Economic Report: Business Inventories (10:00 AM ET) Economic Report: EIA Natural Gas Report (10:30 AM ET)

Friday, February 14

POTUS delivers remarks at the House Democratic Issues Conference POTUS meets with His Majesty King Abdullah II of Jordan in California US Senate is in session Economic Report: Import and Export Prices (8:30 AM ET) Economic Report: Industrial Production (9:15 AM ET) Economic Report: Consumer Sentiment (9:55 AM ET)

Saturday, February 15

Obamacare enrollment deadline