Japan Government Downgrades View: Economy Picking Up, But ‘Weakness in Some Areas’

— Consumption Slower Amid Pandemic While Capex Playing Catchup — Japan Sees Pickup in Global Demand, Upgrading Views on S. Korea, Indonesia By Max Sato (MaceNews) – Japan’s government Friday downgraded its overview on the domestic economy for the first time since last April, when the first wave of COVID-19 infections prompted shorter business hours […]

Friday Washington Schedules From MaceNews

WASHINGTON (MaceNews) – The following are Friday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, FEBRUARY 19, 2021  In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press. After, the […]

Japan Jan CPI Y/Y Drop Shrinks on Suspended Travel Discounts Amid Pandemic

— Lower Energy Costs Remain Key Factor Behind Weak Consumer Prices By Max Sato (MaceNews) – The energy-led downtrend in Japanese consumer prices eased substantially in January as the government suspended discounts on leisure traveling amid surging new coronavirus cases, data from the Ministry of Internal Affairs and Communication released Friday showed. The improvement was […]

Thursday’s Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Thursday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House  DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, FEBRUARY 18, 2021  In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]

FOMC Minutes: ‘Likely Take Some Time’ For ‘Substantial Further Progress’ To Taper QE

–‘Economy Still Far From’ Fed’s Employment, Inflation Goals –Must ‘Clearly Communicate’ ‘Well in Advance’ of LSAPs Tapering –‘Important To Abstract’ from ‘Temporary’ Factors Pushing Up Inflation By Steven K. Beckner (MaceNews) – Federal Reserve officials seemingly were looking far down the road when thinking about slowing the pace of asset purchases at their Jan. 26-27 […]

FOMC Minutes Show Same Stand-Still Philosophy Described by Chair Powell

FOMC Minutes Show Same Stand-Still Philosophy Described by Chair Powell WASHINGTON (MaceNews) – Federal Open Market Committee participants mulled the possibility of upside and downside risks on inflation, the pandemic and the uncertain future course of the economy, giving no hint they were even beginning to consider any policy changes. The minutes, in fact, seemed […]

Italy’s PM Draghi Calls For Common EU Budget, Says Euro ‘Not Reversible’

By Silvia Marchetti ROME (MaceNews) – Italy’s Prime Minister Mario Draghi said on Wednesday that the euro is irreversible and called for a common European budget to tackle challenges ahead. In a keynote speech at the Senate ahead of a confidence vote, Draghi pledged to efficiently implement pandemic European direct aid and implement a series […]

WEDNESDAY WASHINGTON SCHEDULES FROM MaceNews

WASHINGTON (MaceNews) – The following are Wednesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, FEBRUARY 17, 2021  In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]

TUESDAY WASHINGTON SCHEDULES FROM MaceNews

WASHINGTON (MaceNews) – The following at Tuesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, FEBRUARY 16, 2021  In the afternoon, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]

MONDAY WASHINGTON SCHEDULES FROM MaceNews

WASHINGTON (MaceNews) – The following are the week ahead tentative schedule for the White House, Monday’s public schedule for the White House, Treasury, Capitol Hill as well as upcoming economic data: The White House WEEK AHEAD GUIDANCE FORTHE WEEK OF FEBRUARY 15 – FEBRUARY 19  Monday, February 15, 2021 The President will travel to the White […]