Japan March Household Spending Posts 13th Straight Y/Y Drop on Lower Heating Bills, Slower Traveling; Partly Offset by Resumed Auto Output, Higher Car Prices
–Real Household Income Posts 18th Straight Y/Y Drop but Improves from February on Higher Wage Hikes By Max Sato (MaceNews) – Japan’s real household spending fell a smaller-than-expected 1.2% on year in March after a 0.5% slip in February (down a sharper 2.7% without the leap-year effect) as consumers remain cautious amid elevated costs for […]
White House and Other Schedules for Thursday, May 9
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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR THURSDAY, MAY 9, 2024In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the […]
White House and Other Schedules for Wednesday, May 8
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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MAY 8, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President […]
White House and Other Schedules for Tuesday, May 7
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. economic data DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, MAY 7, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will deliver […]
White House and Other Schedules for Monday, May 6
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. economic data DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, MAY 6, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will depart […]
Italy’s Meloni to Run for European Parliament to Boost Her Party, Promote Draghi Election as European Commission Head
–Rightwing PM Replays Berlusconi Script with Run for Strasbourg Seat By Silvia Marchetti ROME (MaceNews) – Italy’s premier Giorgia Meloni has announced her candidacy in upcoming European Parliament elections, with the goal of raising support for her rightist party and boosting prospects that Mario Draghi could be named the next head of the European Commission. […]
FOMC Leaves Funds Rate Unchanged; Announces Moderation of QT
– Powell: Will Take Longer To Be Confident Inflation Headed to 2% – Rates Could Go Higher If FOMC Persuaded Not ‘Sufficiently Restrictive” – QT Dialed Back To ‘Smooth’ Balance Sheet Normalization, Not Help Economy By Steven K. Beckner (MaceNews) – The Federal Reserve left short-term interest rates unchanged Wednesday and signaled further delay of […]
TRANSCRIPT: Fed Chair Powell’s News Conference Remarks Rule Out Any Rate Hike and See Any Rate Cuts This Year Dependent on Data
–Don’t See the ‘Stag’ or the ‘Flation’ WASHINGTON (MaceNews) – Federal Reserve Chair Jerome Powell, answering questions in his post-FOMC news conference Wednesday, said he is still confident of more progress against inflation this year, was vague about the possibility of one or more 2024 rates cuts and said he doesn’t understand any fear about […]
FOMC Cites ‘Lack of Progress’ on Inflation; Need More Confidence Before Any Rate Cut
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday fulfilled expectations that it would hold steady on its policy interest rate while restating that there will be no rate cut until it has greater confidence that the inflation rate is declining toward its target. The FOMC policy statement follows with boldfacing added for emphasis: Recent […]
White House and Other Schedules for Wednesday, May 1
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. economic data DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MAY 1, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, the President will participate […]