White House and Other Schedules for Tuesday, July 12
WASHINGTON (MaceNews) – The following are Tuesday’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 FORTUESDAY, JULY 12, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President […]
Japan June Producer Inflation Eases Slightly on Slower Lumber, Steel Gains; Fuels Pick Up Again
By Max Sato (MaceNews) – Producer inflation in Japan eased slightly in June after hitting a 41-year high in April as year-on-year gains in the costs for lumber and wood products as well as iron and steel slowed, while the prices of gasoline and other fuels picked up the pace of increase again, data released […]
Italy’s Draghi Faces Risky Senate Vote as 5 Stars Threaten to Ditch Ruling Coalition
By Silvia Marchetti ROME (MaceNews) – Italy’s premier Mario Draghi faces a risky Senate vote this week as his ally, the 5 Stars Movement, threatens to withdraw government support over key economic measures, according to ruling coalition sources. As tensions between Draghi and the former premier, 5 Stars party leader Giuseppe Conte, are mounting, 5 […]
Fed’s George: Fed Must ‘Act Decisively’ Vs. Inflation, But Not Too Fast
– Case for Tightening ‘Clear-Cut’ But Speed ‘An Open Question’ – Hiking Rates Too Fast Could Create ‘Strains,’ Increase Recession Risks – Warns of Inverting Yield Curve, Upsetting Markets While Shrinking Balance Sheet – Urges More ‘Steady’ And ‘Predictable’ Rate Hikes By Steven K. Beckner (MaceNews) – Kansas City Federal Reserve Bank President Esther George […]