Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the public schedules for the White House, Treasury, the Capitol and for upcoming economic statistics: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, FEBRUARY 26, 2021 In the morning, the President and the First Lady will travel to Houston, Texas. The departure from the South Lawn will be […]
Japan Jan Factory Output Rebounds But Pullback Forecast For Feb/Mar
– Shipments Also Rebound, Inventories Dip, Reflecting Solid Demand – METI: Limited Impact of Govt’s Request for Restricted Economic Activity By Max Sato (MaceNews) – Japan’s industrial production rebounded in January, marking the first rise in three months, reflecting solid domestic and overseas demand despite the pandemic, preliminary data released Friday by the Ministry of […]
US Air Attack vs Iranian-backed ‘Infrastructure’ in Syria was ‘Proportionate’
WASHINGTON {MaceNews) – The Pentagon announced Thursday night a U.S. air attack directed against a facility near the Iraq border that Defense Secretary Secretary Lloyd Austin told reporters he was “confident” was used by Shia militia backed by Iran. The attack, an official said, killed a handful of militia members. The following is the initial […]
Japan Feb Tokyo CPI Shows Small Drop As Food, Energy Downtrend Eases
– Weak Energy Still Key Factor Behind Year-on-Year CPI Decline – Government Has Suspended Travel Discounts but Hotels Cut Prices Amid Slump By Max Sato (MaceNews) – Consumer prices in Tokyo, a leading indicator of the national average, were little changed in February from January, leading to a smaller year-on-year drop in key measures as […]
Fed’s Bullard: Want To See Economic Progress Materialize Before Consider Policy Adjustment
By Steven K. Beckner (MaceNews) – St. Louis Federal Reserve Bank President James Bullard was upbeat about the economic outlook Thursday, but said he is not ready to start considering any scaling back of the Fed’s ultra-easy monetary policy. He told reporters he is not concerned about the recent spike in bond yields and does […]
KC Fed’s George: ‘Too Early To Discuss Pulling Back’ Monetary Ease
– Be ‘Patient’ For Now, But Must ‘Reconsider’ Policy Settings as Virus Fog Clears – Not Worried About Rising Yields, Breakevens Now, But Watch Wages, Prices By Steven K. Beckner (MaceNews) – Kansas City Federal Reserve Bank President Esther George said Thursday that, for now, the Fed needs to be “patient” in maintaining an accommodative […]
Euro-area Economic and Consumer Sentiment Pick Up in February
ZURICH (MaceNews) – Improved confidence among consumers, industry and services bolstered economic sentiment in the euro-area in February, according to the latest report from the European Commission. The Economic Sentiment Index (ESI) rose to 93.4 in February from 91.5 in January and stands at the highest level since March 2020 when the index was 95.3. […]