JAPAN Feb CPI Y/Y Drop Shrinks Further as Energy Posts Smaller Fall
— Energy, Subsidized Tuitions Remain Key Factor Behind Weak Core Prices By Max Sato (MaceNews) – The deflationary trend in Japanese consumer prices eased further in February in light of firmer food and energy costs, data from the Ministry of Internal Affairs and Communication released Friday showed, but consumption, the key growth driver, is forecast […]
Thursday’s Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s Washington Schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, MARCH 18, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
FOMC: Projections See Median Rate Hike Forecast Stable With Only Additional 2 ’23 Rate Hike Dots to Total 7
WASHINGTON (MaceNews) – The FOMC’s updated quarterly projections Wednesday saw a stable median with two more ’23 rate-hike dots, while repeating it aims for an inflation rate “moderately above” 2%. The following is the text of the policy statement: The Federal Reserve is committed to using its full range of tools to support the U.S. […]
Eurostat: Final Feb Inflation in Euro Area +0.9%/Feb
ZURICH (MaceNews) – Inflation in the Euro-area rose 0.9 percent in February, confirming the preliminary figure, Eurostat reported Wednesday. The February result matched the median of an Econoday survey of economist’s forecasts and was the same rate as in January. On a monthly basis, prices rose 0.2 percent. The overall gain was mitigated by a […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MARCH 17, 2021 In the morning, the President will attend a mass in honor of St. Patrick’s Day in Wilmington, Delaware. […]
Japan Feb. Exports Dip After January’s Pre-Lunar New Year Rush; Pickup Seen Intact
– Exports to China Continue Rising; Shipments to Asia Post Slight Drop – Demand for Chip-Making Machines Strong; Auto Exports Slowing By Max Sato (MaceNews) – Japanese exports posted the first year-on-year drop in three months in February partly in reaction to rush shipments to Asia in January before the Lunar New Year holidays last […]
BofA Global Fund Manager Survey: Inflation Jitters Knock COVID-19 Off Perch As Top ‘Tail Risk’
By Vicki Schmelzer NEW YORK (MaceNews) – Inflation jitters knocked COVID-19 off its long-held perch as the top “tail risk” feared by global investors, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. Up until this month, COVID-19 has been the primary concern of fund managers since February 2020, the […]
Germany’s Economic Sentiment Improves in March; Inflation Seen Higher
ZURICH (MaceNews) – The outlook for Germany’s economy improved in March among financial experts, according to the latest report from the Mannheim-based ZEW institute. The index rose to 76.6 in March, beating the median of 75.0 in an Econoday survey of economic forecasts, rising 5.4 points from the February result. Since December 2020, the index […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, MARCH 16, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
Italy’s Likely Funding Target for 2021 About 500B Euros, Possibly More – Sources
By Silvia Marchetti –Second Nationwide Lockdown to be Running Through Easter–‘Overall Picture Remains Gloomy and Uncertain’ ROME (MaceNews) – Italy’s bond issuance program for this year will likely be slightly higher than EUR 500 billion, in line with 2020 according to ruling coalition sources. There are roughly EUR 230 billion in maturing bonds’ rollover to […]