Japan January Industrial Production Index Sinks to Over 3-Year Low, Hit by Toyota Group Daihatsu Motor Suspension Over Crash Test Scandal
–METI Survey: Factory Output Likely to Rise Moderately in February, Gain Further in March–METI Downgrades View: Output Has Weakened While Taking One Step Forward, One Step Back–METI To Keep Watching Effects of Global Growth, Auto Output Suspension By Max Sato (MaceNews) – Japan’s industrial production plunged 7.5% on the month in January, hit by suspended […]
White House and Other Schedules for Wednesday Feb 28
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, FEBRUARY 28, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
White House and Other Schedules for Tuesday, Feb 27
WASHINGTON (MaceNews) – The following are Tuesday’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 TUESDAY, FEBRUARY 27, 2024 In the morning, the President will meet with the four Congressional leaders. The Vice President will […]
White House and Other Schedules for Monday, Feb 26
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 SCHEDULE FOR MONDAY, FEBRUARY 26, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
White House and Other Schedules for Friday, Feb 23
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, FEBRUARY 23, 2024 In the morning, the President, the First Lady, and the Vice President will welcome the nation’s governors […]
UPDATE: Fed’s Jefferson, Harker Urge Cautious Approach to Cutting Interest Rates
–Harker Q&A: Does Not See FOMC Cutting Rates as Soon as March, But Maybe in May By Steven K. Beckner (MaceNews) – Federal Reserve Vice Chairman Philip Jefferson said Thursday that the Fed must be “careful” and “nimble” in charting the course of monetary policy in coming months, but gave no hint of when he […]
Fed’s Jefferson, Harker Urge Cautious Approach to Cutting Interest Rates
By Steven K. Beckner (MaceNews) – Federal Reserve Vice Chairman Philip Jefferson said Thursday that the Fed must be “careful” and “nimble” in charting the course of monetary policy in coming months, but gave no hint of when he thinks the Fed’s policymaking Federal Open Market Committee should start cutting short-term interest rates. Jefferson did […]
UPDATED: White House and Other Schedules for Thursday, Feb 22
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 SCHEDULEFOR THURSDAY, FEBRUARY 22, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
FOMC Minutes Contain No Hints of Imminent Rate Cuts; Still ‘Highly Attentive’ to Inflation Risk
WASHINGTON (MaceNews) – The minutes of the latest Federal Open Market Committee meeting released Wednesday leaned toward high rates for longer, not any imminent rate cuts or, for that matter, any rate hike. While acknowledging progress in disinflation, the FOMC participants remained “highly attentive” to inflation risk, although saying overall risks were coming into better […]
Japan Govt Downgrades Its View on Economic Recovery as Consumption, Production Turn Weaker
–Japan’s Economy still Faces Downside Risks from Chinese Slowdown, High Prices, January’s Earthquake By Max Sato (MaceNews) – Japan’s government on Wednesday downgraded its overall assessment for the first time in three months, saying while the economy is recovering moderately, consumption has turned weaker amid elevated costs and production has been hit by suspended vehicle […]