US Data Preview: CPI, UMich, Household Wealth, FedSpeakers Quiet
WASHINGTON (MaceNews) – The week ahead seems designed to be a time of reflection given the consumer inflation reading is the single highlight, Federal Reserve speakers go quiet before the following week’s FOMC meeting, and we’re reminded how fortunate the United States is, increasing household wealth by likely double digits despite the pandemic. Actually the […]
Friday White House Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 4, 2021In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan April Household Spending Surges Y/Y on Base Effect from 2020 Slump
— April Expenditures Nearly Flat M/M Amid State of Emergency — Japan Govt: Need Close Watch As Pandemic Affects Some Spending By Max Sato (MaceNews) – Japan’s household spending jumped from a year earlier in April, largely in reaction to the pandemic-caused slump seen a year earlier, data released Friday by the Ministry of Internal […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, JUNE 3, 2021The President, with family in Rehoboth Beach, Delaware, has no public events scheduled. Out-of-Town Pool Wires: AP, […]
Fed’s Beige Book Sees ‘Somewhat Faster Rate’ of Activity, With Higher Prices, Disruptions Offset Somewhat by High Demand
WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic conditions coast to coast, prepared for the mid-June FOMC meeting, Wednesday reflected faster growth, higher prices, supply disruptions and firms struggling to cope while benefiting from strong demand coupled with inadequate hiring candidates. The survey, prepared by the Cleveland Federal Reserve Bank up to […]
Italy’s Layoff Freeze Soon to End But Government Eyes Job ‘Incentives’, Confident In Recovery – Sources
By Silvia Marchetti ROME (MaceNews) – Italy’s pandemic layoff freeze will be lifted at the end of June but the recovery underway and special government incentives will likely push firms to keep their employees and potentially hire more, said ruling coalition sources. “The layoff freeze has been a key measure which was adopted right after […]
Euro Use Remained Near Historic Lows in 2020; Share of Official Reserves Falls
–ECB’S Panetta Hails Steadiness in Comparison with Sovereign Debt Crisis By Laurie Laird LONDON (MaceNews) – The euro’s share in global transactions remained at 19% in 2020, a performance hailed as an accomplishment by a senior ECB official given the low rates of return in the bloc. The share of euro transactions “has not decreased; […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE ANd PRESS SCHEDULE FOR TUESDAY, JUNE 1, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will […]
Monday’s Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, MAY 31, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be […]
Japan April Factory Output Rises To Pre-Pandemic Level on Capex Demand
— Japan’s METI Keeps View Output Picking Up Despite Fluctuations By Max Sato (MaceNews) – Japan’s industrial production marked the second monthly straight rise in April, recovering to the pre-pandemic level, as solid demand for capital investment in chip-making equipment among others more than offset automobile output cutbacks caused by semiconductor shortages, data released Monday […]