Japan Feb Factory Output Slips; Carmakers Hit by Global Chip Shortage
By Max Sato — Japan’s METI Says Feb. 13 Quake Also Delayed Auto Parts Supply (MaceNews) – Japan’s industrial production posted the first drop in two months after a sharp rebound in January, as global semiconductor shortages had prompted carmakers to trim output, preliminary data released Wednesday by the Ministry of Economy, Trade and Industry […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the Capitol and for upcoming economic data and for Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MARCH 31, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval […]
Fed’s Bostic Optimistic About Economy But Thinks It’s Too Soon To Consider Tightening
By Steven K. Beckner MaceNews) – Atlanta Federal Reserve Bank President Raphael Bostic spoke optimistically about the economic outlook Tuesday, but made clear improving prospects have not yet made him more inclined to firm monetary policy. Bostic, a voting member of the Fed’s policy making Federal Open Market Committee, downplayed the risks of “overheating” or […]
Eurozone Economic and Consumer Confidence Improved in March
ZURICH (MaceNews) – Economic sentiment in the Euro-area rose sharply in March and is above it’s long-term average for the first time since the COVID-19 outbreak began, the European Commission said in its latest report Tuesday The Economic Sentiment Indicator (ESI) rose 7.6 points in March to 101.0, exceeding the median forecast of 96.0 in […]