Japan May Tokyo CPI Posts Slight Drop on Lower Mobile User Fees
— Recovering Gasoline Prices Easing Overall Price Fall By Max Sato (MaceNews) – Consumer prices in Tokyo, a leading indicator of the national average, continued posting a slight year-on-year drop in the core reading in May as the effect of firmer energy costs was more than offset by the downward pressure from lower mobile communications […]
FOMC Minutes Underline Stand-Still Stance With Promise of Ample Advance Notice of Tapering
WASHINGTON (MaceNews) – The minutes of last month’s Federal Open Market Committee meeting Wednesday repeated the emphasis on eventual ample advance notice of any tapering, and did not go as far as a couple of district bank presidents have since in suggesting the time is near to think about thinking about such a policy move. […]
Eurozone April HICP +1.6% vs Year-Ago on Energy Prices
ZURICH (MaceNews) – Consumer prices in the Eurozone rose 1.6% from a year ago, increasing from the 1.3% pace in March as energy prices drove the HICP higher, according to data released Wednesday by Eurostat. Wednesday’s final result matched the preliminary report as well as the median forecast of an Econoday survey of economists. Energy […]
US Data Preview: Housing Starts, FOMC Minutes, Existing Home Sales
WASHINGTON (MaceNews) – A relatively quiet week on the economic data front in the coming week, with the FOMC minutes replay machine giving us the origin story of all the FedSpeak we’ve been hearing again, and again, and … The end-of-week victory for “transitory” was the most notable development looking backwards. The prophets of accelerating […]
Atl Fed’s Bostic: Inflation Rise Likely Transitory; Fed Won’t Be ‘Preemptive’
–Economy in Transition; Must ‘Look Through’ Data For ‘True Signal’ On Inflation–No Clear Signal On Inflation Until ‘At Least September’–Clarida: Employment 1 ½ Years From Full Employment; Inflation Transitory By Steven K. Beckner (MaceNews) – Atlanta Federal Reserve Bank President Raphael Bostic Wednesday again downplayed inflation risks while emphasizing the need to return the economy […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the State Departent, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MAY 12, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, MAY 10, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the Saturday and Sunday schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and for Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, MAY 8, 2021 AND SUNDAY, MAY 9, 2021 On Saturday, the President has no public […]
US Data Preview: CPI, PPI, Retail Sales, IndPro, Still More FedSpeak
WASHINGTON (MaceNews) – The week ahead includes the latest consumer inflation rate, another month of business inflation that in March was running super hot, the April retail sales report and a more than ample supply of FedSpeak. Is any of it as anxiously anticipated nearly as much as the appearance of Elon Musk on “Saturday […]
Eurozone April Flash HICP Rises 1.6% Y/Y on Energy Prices; Ex-Energy +0.8% Y/Y
ZURICH (MaceNews) – Inflation in the Eurozone accelerated to 1.6% year-on-year, rising from a 1.3% rate in March, driven higher by energy prices, according to the latest figures from Eurostat. The result was in-line with the median forecast of an Econoday survey of economists. Excluding energy prices which rose 10.3% on a year-on-year basis in […]