Italy Backs ‘Gradual, Flexible’ Monetary Policy Normalization, Urges ECB to Avoid ‘Hawkish’ Message – Italian Government Sources
By Silvia Marchetti ROME (MaceNews) – Italy is warning against a sudden unwinding of Eurozone monetary policy accommodation and calling for a ‘gradual’ but ‘flexible’ normalization process, according to ruling coalition sources. “It is a very delicate moment for the European Central Bank, and it is paramount to avoid having to exit and then re-enter […]
White House and Other Schedules for Friday, June 17
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 17, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]
Analysis: BOJ Easing Stance Set in Stone, Abenomics Ghost Haunts Japan’s Policymaking
By Max Sato (MaceNews) – The latest message from Bank of Japan Governor Haruhiko Kuroda points to the bank’s long-term commitment to maintaining its monetary easing stance despite a rush of interest rate hikes by other central banks, as cyclical and structural issues are keeping Japan’s domestic demand sluggish and consumer prices relatively low. In […]