Eurozone Consumer Inflation Rose 3.0 Percent in August, Confirming Flash Estimate
ZURICH (MaceNews) – Inflation in the Eurozone rose to 3.0 percent in August, led by double-digitgrowth in energy costs, according to the latest report from Eurostat. Today’s result confirmed the flash estimate released previously and is faster than the 2.2 percentannual rate registered in July. Inflation has risen consistently over the past twelve months; a […]
Japan Govt Sees Slower Economic Pickup Amid Disrupted Supply Chains, Pandemic Spike
— Consumption, Factory Output Downgraded While Exports on Track By Max Sato (MaceNews) – Japan’s government Thursday provided a more cautious view of the recent pickup in the domestic economy, saying its pace is slowing in the face of global supply chain disruptions and a surge in coronavirus cases, according to its monthly report released […]
US, UK And Australia Announce ‘New Alignment’ in the Indo-Pacific
WASHINGTON (MaceNews) – The following is the White House transcript of the background press call on AUKUS, the sweeping declaration of cooperation among the U.S., the UK and Australia, to strengthen joint defense against China. The transcript of the call, held on an embargoed basis before the official announcement available at whitehouse.gov, adds much additional […]
Wednesday September 15 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, SEPTEMBER 15, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, the President will host a meeting with business leaders and CEOs on the COVID-19 response. This meeting in the EEOB Library will […]
Japan July Machine Orders Rebound Slightly; Pickup from 2020 Continues
By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, rebounded slightly in July, staying on course toward a second consecutive quarterly rise in July-September, data released Wednesday by the Cabinet Office showed. Orders from manufacturers marked the fourth straight rise while those from non-manufacturers posted the first […]
Tuesday September 14 Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the State Department, USTR, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, SEPTEMBER 14, 2021 In the morning, the President will travel to Denver, Colorado. The departure from Long Beach Airport will be open […]
Monday September 13 Washington Schedules from MaceNews
The White House President Biden to Travel to Long Beach, CaliforniaOn Monday, September 13, the President will travel to Long Beach, California to participate in an event with Governor Gavin Newsom.The President’s arrival at Long Beach Airport on Monday, September 13 and his departure on Tuesday, September 14 will be open press. Additional details are below.*Please RSVP […]
US Data Preview Commentary: CPI, Retail Sales, IndPro and the Next 20 Years
WASHINGTON (MaceNews) – This week’s economic data includes the Consumer Price Index for August, with forecasters not anticipating an acceleration in the rate of change but not much, if any, deceleration. If the annual consumer inflation rate remains around the 5.4% in July and June, or a little less as forecasted, analysts are likely to […]
Cleveland Fed’s Mester Expects Inflation To Dip Next Year But Sees Upside Risks
Sees ‘Transitory’ As ‘Less Useful’ Term To Describe Inflation Upsurge Calls For Clearer FOMC Communication on Inflation, Employment Goals By Steven K. Beckner (MaceNews) – Cleveland Federal Reserve Bank President Loretta Mester warned Friday that inflation could persist at higher levels next year and questioned the use of the term “transitory” to describe the current […]
ECB To Decelerate QE Purchases; No Word on What Will Succeed Emergency Programme
By Laurie Laird LONDON (MaceNews) – The European Central Bank will decelerate the pace of asset purchases in the third quarter, as it presented upgraded forecasts for the next year, but provided no clue as to what will replace its emergency purchase programme which is due to end next year. “Based on a joint assessment […]