Business Inflation Measure Reinforces Softening Inflation Scenario
–PPI -0.5%; Core +0.2%; Goods -1.8%; Services +0.1% By Denny Gulino WASHINGTON (MaceNews) – The July Producer Price Index, which cuts deeper and is more multidimensional than the CPI, Thursday reinforced the welcome scenario of softening inflation. The PPI showed final demand last month dropped half a percent, more than expected and the biggest decline […]
Japan PM Kishida Shuffles Cabinet as Support Sags Over Ruling Party Ties to Cult
By Max Sato (MaceNews) – Japanese Prime Minister Fumio Kishida shuffled his cabinet Wednesday, seeking to shore up sagging voter support amid revelations that ruling party lawmakers have done little to counter what some lawyers say are illegal activities by the Unification Church, which has cultivated close ties with conservative politicians for over five decades. […]
White House and Other Schedules for Thursday, Aug 11
WASHINGTON (MaceNews) – The following are Thursday’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 FOR THURSDAY, AUGUST 11, 2022 The President, vacationing at Kiawah Island, South Carolina, has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, […]