White House and Other Schedules for Monday, July 31
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR MONDAY, JULY 31, 2023 The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, […]
Japan June Retail Sales Y/Y Rise Continue to Be Led by Autos amid Improved Supply Chains, Recovering Department Stores
–METI Keeps View: Retail Sales on Gradual Uptrend –Demand for Cosmetics, Drugs Remains Solid; Sales of Appliances Stay Sluggish By Max Sato (MaceNews) – Japanese retail sales posted their 16th straight year-over-year increase in June, thanks to strong demand for automobiles amid improving supply chains, recovering department stores and higher prices for food and beverages, […]
Japan June Industrial Production Rebounds, Paced by Auto Sector amid Solid Sales in Domestic, Overseas Markets
–Output Up 1.3% Q/Q in April-June after 1.8% Drop in January-March –METI Survey: Output Likely to Slip Back in July, Post Modest Rise in August –METI Keeps View: Output Showing Gradual Pickup –METI Repeats: To Watch Effects of Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production rebounded on the month in June […]
White House and Other Schedules for Friday, July 28
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, JULY 28, 2023 In the morning, the President will receive the President’s Daily Briefing. This meeting will be closed […]
Japan July Tokyo Core CPI Annual Rate Eases to +3.0% from June’s +3.2% as Utility Costs Fall at Faster Pace, Mobile Phone Price Gains Shrink in Base-Year Effect
–Processed Food Markups Continue to Lead Consumer Inflation, Pushing Up CPI Annual Rate by Close to 2 Percentage Points –Total CPI Annual Rate Steady at 3.2% after Hitting 41-Year High of 4.4% in January –Narrow CPI (Ex-Fresh Food, Energy) Annual Rate Rises to Fresh 41-Year High of 4.0% from 3.8% By Max Sato (MaceNews) – […]
White House and Other Schedules for Thursday, July 27
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, JULY 27, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
TRANSCRIPT: Fed’s Powell Post-FOMC Meeting Q&A
WASHINGTON (MaceNews) – The transcript of Federal Reserve Chair Jerome Powell’s post-FOMC meeting press conference Wednesday follows: Since early last year the FOMC has significantly tightened the stance of monetary policy. Today we took another step by raising our policy interest rate a quarter percentage point. And we are continuing to reduce our securities holdings […]
FOMC Raises Fed Funds Rate Another Quarter Point as Expected; Repeats Previous Language
WASHINGTON (MaceNews)- The Federal Open Market Committee had no surprises to offer Wednesday, fulfilling expectations for another quarter point increase in the fed funds rate, to 5.25% to 5.50%, and using well-worn phraseology to remain committed to 2% inflation. The policy statement follows: Recent indicators suggest that economic activity has been expanding at a moderate […]
Japan Govt Keeps View on Moderate Economic Recovery Backed by Consumer Spending, Business Investment Amid Higher Wage Growth
By Max Sato (MaceNews) – Japan’s government Wednesday maintained its overall assessment, saying the economy is recovering moderately as substantial wage hikes and Covid-era excess savings are supporting consumer spending while improving supply chains are shoring up business confidence and investment, according to its monthly report released by the Cabinet Office. Japanese policymakers expect robust […]
White House and Other Schedules for Wednesday, July 26
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, JULY 26, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]