Bank of Canada’s Rogers: Non-Bank Leverage, Ability to Supply Liquidity Pose Risks to Financial System
–Canadian Financial System ‘Resilient’ So Far but BOC Monitoring Risks –High House Prices, Household Debt Are Vulnerabilities for Financial System –Rising Mortgage Costs Tough on Some Canadians but Higher Rates to Bring Down Inflation By Max Sato (MaceNews) – Non-bank financial institutions manage a large share of assets for Canadians but are excluded from the […]
<strong>Italy’s EUR35 Billion Budget Law to Be Almost Totally Deficit-Funded; More Funding Likely Needed in Q2</strong> –<strong> Sources</strong>
–Flat tax for VAT-holders raised to EUR 85,000 income –Measures to cushion impact of energy costs are the biggest share of spending –‘Citizenship wage’ for jobless slashed; retirement age cut By Silvia Marchetti ROME (MaceNews) – Italy’s government budget plan for 2023 is set to total EUR 35 billion, including pro-growth measures and subsidies to […]
<strong>White House and Other Schedules for Tuesday, Nov 22</strong>
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, NOVEMBER 22, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting in the Oval Office will […]
<strong>White House and Other Schedules for Friday, Nov 18</strong>
WASHINGTON (MaceNews) – The following are Friday’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 FRIDAY, NOVEMBER 18, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting in the Oval Office will […]
<strong>White House and Other Schedules for Thursday, Nov 17</strong>
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, NOVEMBER 17, 2022 In the afternoon, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town […]
White House and Other Schedules for Wednesday, Nov 16
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: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, NOVEMBER 16, 2022 – THURSDAY, NOVEMBER 17, 2022 Wednesday, November 16, 2022 In the morning, the President will participate in […]
White House and Other Schedules for Tuesday, Nov 15
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: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORTUESDAY, NOVEMBER 15, 2022 – THURSDAY, NOVEMBER 17, 2022 Tuesday, November 15, 2022 In the morning, the President will be welcomed by […]
Japan Q3 GDP Unexpectedly Shrinks on Surging Imports; Capex Slower but Solid, Consumption Resilient
–Japan’s Economy Posts 1st Q/Q Drop in 4 Quarters; Q2 Growth Revised Up –Consumption Marks 4th Straight Q/Q Rise Despite Spike in New Covid Cases –Capex Demand for FY22 Solid Amid Digitization, Green Transformations –Q4 GDP May Rebound on Fiscal Support but Global Uncertainties Remain –Economic Minister Goto: Japan Gradual Pickup Intact Despite Q3 Dip […]
Italy’s Rightist Government Aims to Soften EU Fiscal Rules, Sees ‘Reinforced Supervision’ Unacceptable – Sources
By Silvia Marchetti ROME (MaceNews) – Italy’s newly appointed rightist government will seek to negotiate softer fiscal rules at the European level to take into account ‘country-specifics’ for more lenient and longer adjustment paths, according to ruling coalition sources. Officials are worried that the new rules concerning the reform of the Stability and Growth pact […]
TRANSCRIPT: President Biden’s Q&A Following His Meeting With China’s President Xi 
(MaceNews) – The following is the White House transcript of President Biden’s news conference following his nearly three-hour meeting Monday with China’s President Xi Jinping: REMARKS BY PRESIDENT BIDENIN A PRESS CONFERENCE Grand Hyatt HotelBali, Indonesia 10:03 P.M. CIT THE PRESIDENT: Welcome to Bali. (Laughs.) Please. Good evening, everyone. Let me start with a few […]