<strong>US February ISM Manufacturing in Contraction for 4th Straight Month on Lower Output as Firms Prepare for Later Pickup</strong>
–ISM’s Fiore: Sector on Road to Recovery; New Orders in Contraction but Up from January–Fiore: Firms Largely Keeping Headcounts to Prepare for Recovery in 2nd Half–Fiore: Prices Subindex Above 50 for 1st Time in 5 Months, Indicating Increasing Costs–Fiore: February Data Positive for Demand, Growth, Not So Positive for Bringing Inflation Down By Max Sato […]
Italy’s ‘New Isolation’ on EU Stage To Penalize Battle for Softer Fiscal Rules – Sources
Rome has yet to propose changes to investment plans, EU reform of the stability pact By Silvia Marchetti ROME (MaceNews) – The rise of a rightist government has led to Italy’s isolation on the European stage following clashes with Germany and France on a revision of the EU economic governance, squandering the hard-gained reputation of […]
<strong>White House and Other Schedules for Wednesday, March 1</strong>
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 DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, MARCH 1, 2023 In the morning, the President will deliver remarks on his nomination of Julie Su to serve as the Secretary […]
<strong>White House and Other Schedules for Tuesday, Feb 28</strong>
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 . DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, FEBRUARY 28, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
<strong>Japan January Industrial Output Slumps on Parts Shortages, Global Economic Slowdown</strong>
–METI Survey: Output Likely to Post Modest Gains in February, March; Not Strong Enough to Offset January Dip–METI Keeps View After Recent Downgrade: Output Has Weakened–METI Repeats: To Watch Effects of a Rise in Covid Cases, Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production slumped at a faster pace than forecast in […]
White House and Other Schedules for Monday, Feb 27
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 . DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, FEBRUARY 27, 2023 In the morning, the President will return to the White House from Wilmington, Delaware. The departure from Delaware Air National Guard […]
<strong>White House and Other Schedules for Friday, Feb 24</strong>
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 DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, FEBRUARY 24, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]
<strong>Japan January Core CPI Up 4.2% Y/Y, Fresh 41-Year High, Markups in Food, Utilities, Smaller Hotel Fee Drop</strong>
–Core CPI (Ex-Fresh Food) Y/Y Rise Highest Since +4.2% in September 1981 –Core-Core CPI (Ex-Fresh Food, Energy) +3.2% Y/Y, Highest Since +3.2% in April 1982 –Total CPI +4.3% Y/Y, 41-Year High; Largest Since +4.3% in December 1981 By Max Sato (MaceNews) – Consumer inflation in Japan picked up its pace further in January, with the […]
<strong>White House and Other Schedules for Thursday, Feb 23</strong>
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, FEBRUARY 23, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
FOMC Minutes Show a Few Participants Wanted a 50 BPS Hike
WASHINGTON (MaceNews) – The Federal Open Market Committee meeting that ended at the beginning of the month had wide – but not unanimous – agreement on a quarter-point rate hike with a “few” more impatient, wanting to get to the terminal rate sooner with a half-point increase, the minutes of the meeting showed Wednesday. That […]