White House and Other Schedules for Saturday and Sunday

WASHINGTON (MaceNews) – The following are Saturday and Sunday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    WEEKEND GUIDANCE AND PRESS SCHEDULE FOR SATURDAY, AUGUST 13, 2022 AND SUNDAY, AUGUST 14, 2022   On Saturday and Sunday, the President, vacationing at Kiawah Island, South […]

Components of the Inflation Reduction Act  

WASHINGTON (MaceNews) – The following are major components of the Inflation Reduction Act passed 220-207 in the U.S. House Friday afternoon and now to be signed into law by President Biden: Raises estimated $750 blin in additional taxes over 10 years Reduces deficit by an estimated $235 bln over 10 years Spends $313 bln on […]

Preview: Japan Q2 GDP Rebound Seen on Eased Covid Rules but China Lockdown Limiting Gain

–People Dining Out, Traveling More Since Restrictions Lifted in Late March –Capex Seen Making Up for Q1 Drop on Solid Digitization, Greener Energy Demand –Q3 GDP Growth Sees Headwinds: Domestic Covid Spike, Slower Global Growth  By Max Sato (MaceNews) – Japan’s gross domestic product for the April-June quarter is forecast by economists to post a […]

White House and Other Schedules for Friday, Aug 12

WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULEFOR FRIDAY, AUGUST 12, 2022 The President, vacationing at Kiawah Island, South Carolina, has no public events scheduled Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, […]

Business Inflation Measure Reinforces Softening Inflation Scenario

–PPI -0.5%; Core +0.2%; Goods -1.8%; Services +0.1% By Denny Gulino WASHINGTON (MaceNews) – The July Producer Price Index, which cuts deeper and is more multidimensional than the CPI, Thursday reinforced the welcome scenario of softening inflation. The PPI showed final demand last month dropped half a percent, more than expected and the biggest decline […]

Japan PM Kishida Shuffles Cabinet as Support Sags Over Ruling Party Ties to Cult

By Max Sato (MaceNews) – Japanese Prime Minister Fumio Kishida shuffled his cabinet Wednesday, seeking to shore up sagging voter support amid revelations that ruling party lawmakers have done little to counter what some lawyers say are illegal activities by the Unification Church, which has cultivated close ties with conservative politicians for over five decades. […]

White House and Other Schedules for Thursday, Aug 11

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, AUGUST 11, 2022   The President, vacationing at Kiawah Island, South Carolina, has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, […]

US CPI Boosts Hopes Inflation Trajectory Has Improved

–July CPI Unchanged; Core +0.3% By Denny Gulino WASHINGTON (MaceNews) – The welcome way the latest Consumer Price Index came in below expectations Wednesday reinforced hopes the trajectory of high consumer inflation has finally improved. The July report’s headline number, the one that most influences inflation expectations, was unchanged, the lowest reading for any month […]

White House and Other Schedules for Wednesday, Aug 10

WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, AUGUST 10, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. The President will […]