White House and Other Schedules for Thursday, April 28
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 FORTHURSDAY, APRIL 28, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will […]
Japan March Jobless Rate Slides to Nearly 2-Year Low; Job Recovery Slow
–Number of Employed Up on Month in March but Continues to Fall on Year –March Unemployment at 2.6% Lowest Since April 2020 By Max Sato (MaceNews) – Japanese payrolls shrank from year-earlier levels for the sixth straight month in March while the unemployment rate remained relatively low, improving slightly to a nearly two-year low […]
White House and Other Schedules for Thursday, April 21
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 FORTHURSDAY, APRIL 21, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will […]
Fed’s Beige Bk: ‘Robust’ Growth in KC District; Dallas at ‘Faster Clip; Otherwise ‘Moderate’
WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic activity across the country, to be reviewed in the next Federal Open Market Committee in early May, Wednesday saw only “moderate” expansion in 10 Fed districts accompanied by better performance in the Kansas City and Dallas districts. The survey, assembled by the Minneapolis Fed, […]
Japan February Unemployment Slips to 2.7% But Job Creation Slow
By Max Sato (MaceNews) – Job creation in Japan remained sluggish in February compared to a year earlier but the unemployment rate fell from January as job cuts eased and fewer people began looking for work, data released Tuesday by the Ministry of Internal Affairs and Communications showed. The seasonally adjusted average unemployment rate fell […]
FOMC: Qtr Point Hike As Expected; Few Specifics on Future Action
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday fulfilled expectations for a quarter-point fed funds rate hike, the first such since 2018, accompanied by a pledged to begin pulling back Treasury and Agency securities holdings “at a coming meeting.” The text follows: Indicators of economic activity and employment have continued to strengthen. Job gains […]
Japan January Unemployment Edges Up To 2.8% Amid Covid Restrictions
— Job Cuts Y/Y Deeper in Wholesale, Retail, Education— Hospitality Jobs Up on January 2021, When Covid State of Emergency Imposed By Max Sato (MaceNews) – Job creation in Japan remained weak in January compared to a year earlier and the unemployment rate edged up from December as more people either lost their jobs or […]
BOE Governor Andrew Bailey Takes Heavy Fire After Calling for Pay Restraint
— UK unions take aim after Thursday’s rate hike— MPC members Pill, Broadbent urge gradual tightening LONDON (MaceNews) – Bank of England Governor Andrew Bailey suffered the brickbats of UK trade unions after suggesting that workers rein in demands for pay hikes even as inflation hovers at a three-decade high. “We do need to see […]
Japan December Unemployment Dips; Fewer Workers Quit To Look For Better Jobs
— Job Cuts on Year Linger in Industries Hit by Supply Delays, Covid Restrictions — Japan 2021 Jobless Rate Stays at 2.8%, Pace of Job Cuts Decelerates By Max Sato (MaceNews) – The pandemic is keeping the recovery in the Japanese labor market slow as some sectors continued to trim payrolls from year-earlier levels, but […]
FOMC To Continue Monetary Normalization Talks As Bond Buying Winds Down
By Steven K. Beckner (MaceNews) – Going into its first meeting of the year, it might seem as if the Federal Open Market Committee has already scripted its monetary policy for coming months. After all, Federal Reserve Chairman Jerome Powell and his colleagues on the Fed’s policy making committee have been pretty explicit about their […]