Components of the Inflation Reduction Act
WASHINGTON (MaceNews) – The following are major components of the Inflation Reduction Act passed 220-207 in the U.S. House Friday afternoon and now to be signed into law by President Biden: Raises estimated $750 blin in additional taxes over 10 years Reduces deficit by an estimated $235 bln over 10 years Spends $313 bln on […]
Preview: Japan Q2 GDP Rebound Seen on Eased Covid Rules but China Lockdown Limiting Gain
–People Dining Out, Traveling More Since Restrictions Lifted in Late March –Capex Seen Making Up for Q1 Drop on Solid Digitization, Greener Energy Demand –Q3 GDP Growth Sees Headwinds: Domestic Covid Spike, Slower Global Growth By Max Sato (MaceNews) – Japan’s gross domestic product for the April-June quarter is forecast by economists to post a […]
White House and Other Schedules for Friday, Aug 12
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 SCHEDULEFOR FRIDAY, AUGUST 12, 2022 The President, vacationing at Kiawah Island, South Carolina, has no public events scheduled Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, […]