Japan May Core CPI Posts 1st Y/Y Rise in 14 Months on Energy Pickup

By Max Sato –Lower Mobile Data Fees at Govt Request To Weigh on CPI for Now–Drop in Total CPI Eases on Smaller Fall in Fresh Food Prices (MaceNews) – Japan’s core consumer price index edged up on the month to mark its first year-on-year gain in 14 months as higher energy costs continued to offset […]

Thursday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Thursday’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 FORTHURSDAY, JUNE 17, 2021  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, […]

Fed’s Powell Signals Serious Discussion of Tapering To Begin At Coming FOMC Meetings

— Sharp Upward Revisions of Funds Rate Projections Reinforces Message By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell gave the first indication he is ready to contemplate lessening monetary accommodation, even as he and his fellow policymakers left in place the most aggressively easy monetary stance in its history Wednesday. Though not […]

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 […]

Japan May Exports Continue Surging From Pandemic-Caused 2020 Slump

–Imports Also Jump on Higher Energy Costs, Leading To Trade Deficit By Max Sato (MaceNews) – Japanese exports posted a third straight month of a double-digit percentage surge from a year earlier in May, largely in reaction to pandemic-triggered sharp declines from March to August last year, particularly in the second quarter, data released Wednesday […]

BofA Global Research Fund Manager Survey:   Investors See Inflation As Transitory, Temper Still Solid Growth Expectations

By Vicki Schmelzer NEW YORK (MaceNews) – Global investors in June maintained their view that any inflation pressure being seen currently and going forward would be transitory, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday.   Growth expectations remained solid this month, but down from the lofty views seen earlier […]

Tuesday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Tuesday’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 FORTUESDAY, JUNE 15 – WEDNESDAY, JUNE 16, 2021 Tuesday, June 15, 2021 The President will meet with His […]

Monday 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  COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 14 – WEDNESDAY, JUNE 16, 2021Monday, June 14, 2021 In the morning, the President will receive the […]

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 […]