<strong>White House and Other Schedules for Monday, Nov 28</strong>
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, NOVEMBER 28, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting in the Oval Office will […]
<strong>White House and Other Schedules for Friday, Nov 25</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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, NOVEMBER 25, 2022 The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & […]
<strong>Japan November Tokyo Core CPI Up 3.6% Y/Y, New 40-Year High on Rising Processed Food Costs </strong>
–Total CPI +3.8% Y/Y Highest in 32 Years With or Without Effects of 2014, 1997 Sales Tax Hikes –Narrow CPI (Ex-Fresh Food, Energy) +2.5% Remain 31-Year High –Processed Food Price Rise Largest Factor as Overall Energy Moderates By Max Sato (MaceNews) – Consumer prices in Tokyo, the leading indicator of the national average, continued their […]
<strong>Japan Govt Keeps Economic Pickup View Despite Q3 GDP Contraction </strong>
By Max Sato (MaceNews) – Japan’s government Thursday maintained its economic recovery outlook despite the latest GDP data showing an unexpected slump in total domestic output in the July-September quarter caused by a surge in imports amid the sharp depreciation of the yen, according to its monthly report released by the Cabinet Office. The dollar […]
<strong>White House and Other Schedules for Thursday, Nov 24</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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, NOVEMBER 24, 2022 In the morning, the President and the First Lady will call members of the military to thank them for […]
<strong>Bank of Canada’s Macklem: Getting Closer to End of Tightening but Not There Yet</strong>
–Inflation Has Eased but Yet to See ‘Generalized Decline’ in Price Pressures (MaceNews) – Bank of Canada Governor Tiff Macklem on Wednesday said the central bank is getting closer to the end of its credit tightening cycle that began in March, but stressed that interest rates will need to rise further to slow demand and […]
FOMC Minutes See Participants Acknowledge Possible Need to Slow Pace of Tightening
WASHINGTON (MaceNews) – Wednesday’s minutes of the latest Federal Open Market Committee meeting contained several references to a possibility the pace of rate hikes could soon slow while emphasizing the more important consideration is the still unspecified ultimate terminal rate. The less-hawkish-than expected minutes turned U.S. stock markets from mild negatives to moderate positives, at […]
<strong>White House and Other Schedules for Wednesday, Nov 23</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. data and Federal Reserve events: WEEK AHEAD GUIDANCE FORTHE WEEK OF NOVEMBER 24, 2022 – NOVEMBER 27, 2022 Sunday, November 27, 2022 The President and the First Lady will return to Washington, DC. DAILY GUIDANCE AND PRESS […]
Bank of Canada’s Rogers: Non-Bank Leverage, Ability to Supply Liquidity Pose Risks to Financial System
–Canadian Financial System ‘Resilient’ So Far but BOC Monitoring Risks –High House Prices, Household Debt Are Vulnerabilities for Financial System –Rising Mortgage Costs Tough on Some Canadians but Higher Rates to Bring Down Inflation By Max Sato (MaceNews) – Non-bank financial institutions manage a large share of assets for Canadians but are excluded from the […]
<strong>Italy’s EUR35 Billion Budget Law to Be Almost Totally Deficit-Funded; More Funding Likely Needed in Q2</strong> –<strong> Sources</strong>
–Flat tax for VAT-holders raised to EUR 85,000 income –Measures to cushion impact of energy costs are the biggest share of spending –‘Citizenship wage’ for jobless slashed; retirement age cut By Silvia Marchetti ROME (MaceNews) – Italy’s government budget plan for 2023 is set to total EUR 35 billion, including pro-growth measures and subsidies to […]