Japan June Tokyo CPI Flat Y/Y After Recent Drops on Energy Cost Pickup
— Higher Air Conditioner, Education Prices Also Ease Mobile Discount Impact By Max Sato (MaceNews) – Consumer prices in Tokyo, a leading indicator of the national average, were unchanged from a year earlier in June after several months of declines, as recovering energy prices and gains in some food prices eased the downward pressure from […]
San Fran Fed’s Daly: Time To Talk About Taper But May Not Come Til ‘22
‘Substantial Further Progress Within Our Sight’; Timing Uncertain May Reach Substantial Further Progress Sooner Than She Thought In Jan. Wants More Clarity on Economy’s Path; Looking Toward Fall Taper Announcement Could Come ‘Late This Year’ Or Early 2022 FOMC Will Be Talking About Mix of MBS vs. Treasury purchases By Steven K. Beckner (MaceNews) – […]
US Data Preview Commentary: Personal Income, Existing/New-Home Sales, Durables and the Downside to ‘Transitory’
WASHINGTON (MaceNews) – Beware what look like quiet weeks ahead, like the upcoming week when the Earth’s northern pole tilts to the max toward the sun. The summer solstice means that after 3:32 Monday morning the days start getting shorter in our hemisphere and the diminishing daylight is appropriate for a time of what seems […]
Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 18, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s public schedules for President Biden, the Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JUNE 16, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting […]
US Data Preview Commentary: Retail Sales, PPI, Hsing Starts, FOMC, New ‘Dot Plot’
WASHINGTON (MacNews) – The explosive snapback of consumer demand, company supply-chain and delivery workarounds and inventory reloading won’t be reflected nearly to the phenomenon’s full extent in Tuesday’s May retail sales report. Just as goods and services productivity being supercharged by firms compensating for the post-pandemic jamming of the economy won’t show up in quarterly […]
Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data: The White House COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 11 – WEDNESDAY, JUNE 16, 2021 Friday, June 11, 2021 In the afternoon, the President will receive the President’s Daily Brief. […]
White House Fact Sheet and Exec Order Text Re Removal of TikTok Ban
WASHINGTON (MaceNews) – The following are the texts of the White House fact sheet and of Wednesday’s executive order rescinding Trump-era orders versus TikTok and WeChat: FACT SHEET:Executive Order Protecting Americans’ Sensitive Data from Foreign AdversariesThe Biden Administration is committed to promoting an open, interoperable, reliable and secure Internet; protecting human rights online and offline; […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The follow are Tuesday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JUNE 8, 2021In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed […]
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 […]