Friday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Friday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 25, 2021  In the morning, the President will receive the President’s Daily Brief in the Oval Office. […]

Japan June Tokyo CPI Flat Y/Y After Recent Drops on Energy Cost Pickup

— Higher Air Conditioner, Education Prices Also Ease Mobile Discount Impact By Max Sato (MaceNews) – Consumer prices in Tokyo, a leading indicator of the national average, were unchanged from a year earlier in June after several months of declines, as recovering energy prices and gains in some food prices eased the downward pressure from […]

Bank of England Avoids Discussion of QE Exit Strategy at Latest Policy Meeting

By Laurie Laird — Sees rise in inflation as “transitory’ LONDON (MaceNews) – The Bank of England Thursday delayed any discussion of removing monetary stimulus at its latest policy meeting, characterising the recent rise in inflation as “transitory.” “Most” MPC members agreed that “sufficient conditions for any future tightening were not met … Policy should […]

U.S. First Quarter Final GDP Revision Confirms 6.4% Growth

WASHINGTON (MaceNews) – Real gross domestic product grew at a 6.4 percent annualized rate in the first quarter according to the third estimate released today by the Bureau of Economic Analysis, thereby confirming the “second” estimate. The result was exactly in-line with expectations, with the median of an Econoday survey of economists’ forecast calling for […]

Japan Govt Sees Economic Pickup With Soft Spots Amid Pandemic Fears

By Max Sato (MaceNews) – Japan’s government Thursday maintained its view on the domestic economy, which is at a delicate stage of crawling out of the pandemic-caused slowdown, with a mixed picture of sluggish consumption against solid production and exports, according to its monthly report released by the Cabinet Office. The government said “signs of […]