White House and Other Schedules for Tuesday, July 18
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, JULY 18, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
White House and Other Schedules for Monday, July 17
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, JULY 17, 2023 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, July 14
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 14, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
White House and Other Schedules for Thursday, July 13
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: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JULY 13, 2023 In the afternoon, the President will participate in a bilateral meeting with President Sauli Niinistö […]
Bank of Canada Raises Policy Rate to 22-Year High of 5% After Policymakers Debate Option of Keeping Rate at 4.75%
–BOC Governor Macklem: Monetary Policy Working but Underlying Inflationary Pressures More Stubborn –Macklem: Our Job is Not Done Until Inflation is Centered on 2% Target –Macklem: Trying to Balance Risks of Under- and Over-Tightening Policy –BOC Quarterly Report: CPI to Slow to 2% Target in mid-2025, About 6 months Later Than Expected in April By […]
Fed’s Beige Book Sees Economy Up Only ‘Slightly’ as Inflation at Modest Pace
WASHINGTON (MaceNews) – The national economy advanced but only slightly in the past six weeks, as price hikes were modest, hiring modest and manufacturing input costs “eased notably,” the Federal Reserve’s Beige Book survey suggested Wednesday. Five regional Fed bank districts reported slight growth, five noted no change and two – Philadelphia and San Francisco […]
White House and Other Schedules for Wednesday, July 12
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: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JULY 12, 2023 – THURSDAY, JULY 13, 2023 In the morning, the President will attend the Meeting of […]
Japan June Producer Inflation Eases Further to Fresh 2-Year Low of 4.1% from May’s 5.2% on Energy Subsidies, Falling Lumber Prices, Generally Easing Commodities
–June’s 4.1% Y/Y Rise Lowest Since 3.8% in April 2021 –December’s 10.6% Surge Remains Highest in 42 Years By Max Sato (MaceNews) – Producer inflation in Japan eased for the sixth straight month in June, hitting a fresh two-year low, as the government’s expanded utilities subsidies continued to cap energy costs and many commodities markets […]
Japan May Machine Orders Slump After April Rebound, Led by Pullback in Computer Demand from Financial, Transport Sectors
–Cabinet Office Keeps View: Machine Orders Pausing –Core Machinery Orders Unlikely to Achieve Official Forecast of 4.6% Q/Q Rise in April-June –BOJ’s June Quarter Tankan Survey Has Shown Firms Revise Up FY23 Capex Pans By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, came in much weaker […]
Preview: Bank of Canada Expected to Raise Policy Rate 25 BP to 5% Wednesday but Outlook for Future Action Uncertain
By Max Sato (MaceNews) – The Bank of Canada is widely expected to top up its surprise June rate hike on Wednesday, taking the policy interest rate to a fresh 22-year high, but it remains uncertain whether the bank is done with 16 months of credit tightening aimed at guiding inflation lower to its 2% […]