Thursday February 10 Washington Schedules from Mace News

THE WHITE HOUSE DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, FEBRUARY 10, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will travel to Culpeper, Virginia. The departure from the South Lawn will be open press and pooled for TV. The arrival at Culpeper Regional […]

Japan January Producer Price Y/Y Rise Slows on Easing Energy, Commodities

–Japan Producer Prices Rebound M/M After Being Flat in December By Max Sato (MaceNews) – Producer prices in Japan continued rising from year-earlier levels in January amid lingering supply bottlenecks but the pace of increase decelerated further after hitting an over four-decade high in November in light of what appears to be a temporary easing […]

Update: Bank of Canada’s Macklem Sees Multiple Rate Hikes But Not on Autopilot

— Adds governor comments from news conference, background at bottom By Max Sato (MaceNews) – Bank of Canada Governor Tiff Macklem on Wednesday stressed that the bank’s latest view that domestic interest rates are “on a rising path” does not mean that the bank’s policymakers would automatically keep raising rates once they embark on tightening.   […]

Updated Preview: Japan Q4 GDP Rebound Seen on Easing Supply Bottlenecks, Covid Lull

–Updates with latest consumption data in paras 6-7, government measures in para 17, ESP Forecast in paras 18-19, Watchers’ survey at bottom — Consumption, Capex, Net Export Gains Behind Expected Solid Q4 Growth — Q1 GDP Face Downside Risks As Omicron-Led Covid Spike Hurts Sentiment  By Max Sato (MaceNews) – Japan’s gross domestic product for […]

Cleveland Fed’s Mester: Should Reduce Balance Sheet Soon, Faster Than Last Time

By Steven K. Beckner (MaceNews) – Expressing heightened concern about inflation, Cleveland Federal Reserve Bank President Loretta Mester called Wednesday for an early and relatively rapid firming of monetary policy. Mester, a voting member of the Fed’s policy making Federal Open Market Committee this year, said she favors starting to raise the federal funds in […]