US Aug ISM Manufacturing Growth Steady on New Orders, Employment While Prices Ease
–ISM: New Export Orders Post 1st Contraction Since June 2020–ISM’s Fiore: ‘Prices Expansion Eased Dramatically’–ISM’s Fiore: China Is Very Sluggish, Slowdown Is a Concern–ISM’s Fiore: Chip Shortages Stabilized but To Remain Until Q1 of 2023 By Max Sato (MaceNews) – U.S. manufacturing activity growth held up in August after slowing in the previous two months, […]
White House and Other Schedules for Thursday, Sept 1
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, SEPTEMBER 1, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
White House and Other Schedules for Wednesday, Aug 31
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: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, AUGUST 31, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town […]
Japan July Retail Sales Mark 5th Straight Y/Y Gain on High Fuel Prices, Hot Weather
–METI Repeats Retail Sales Picking Up Gradually Despite Another Covid Spike–Department Store Sales Continue Recovering on Eased Covid Rules–Auto Sales Remain Weak but Pace of Y/Y Drop Slowing Amid Easing Supply Constraints By Max Sato (MaceNews) – Japanese retail sales posted the fifth year-on-year rise in July, led by high fuel prices and demand for […]
Japan July Industrial Output Up Slightly on Easing Supply Bottlenecks for Autos
–METI Survey Points to Possible Dip in August Output, Small Gain in September–METI Keeps View: Output Making One Step Forward, One Step Back–METI: To Watch Effects of Rising Covid Cases, Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production posted a slight gain in July in light of easing supply constraints for automakers, […]
Williams: Funds Rate ‘Quite a Ways’ From Needed ‘Restrictive’ Stance
Size of Sept. 21 Rate Hike Will Depend on ‘Totality of The Data’ Funds Rate Likely Needs To Go Above 3.5% Next Year Throws Cold Water On Talk Of 2023 Rate Cuts By Steven K. Beckner (MaceNews) – New York Federal Reserve Bank President John Williams said Tuesday that short-term interest rates are “quite a […]
Atl Fed’s Bostic: Fed Will Keep Moving Expeditiously’ to Cut Inflation
–FOMC Must Guard Against Too Little, Too Much Tightening–Rates Must Become Restrictive to Bring Down Inflation By Steven K. Beckner (MaceNews) – Atlanta Federal Reserve Bank President Raphael Bostic said Tuesday that the Fed needs to keep raising interest rates “expeditiously” into a “restrictive” stance to reduce inflation, but he warned against raising rates too […]
White House and Other Schedules for Tuesday, Aug 30
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, AUGUST 30, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting […]
Japan July Jobless Rate Unchanged as Govt Avoids Covid Restrictions Amid Case Spike
–Employment Posts 1st Y/Y Drop in 4 Months, Led by Wholesalers, Retailers, Manufacturing–Number of Unemployed Marks 13th Straight Y/Y Drop But Still Above January 2020 Level–Unemployment at 2.6% from May to July Vs. April’s 2-Year Low 2.5%–Fewer Job Losses M/M in July While More People Seek Other Openings By Max Sato (MaceNews) – Japanese payrolls […]
White House and Other Schedules for Monday, Aug 29
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, AUGUST 29, 2022 In the morning, the President will return to the White House from Wilmington, Delaware. The departure from […]