STATUS CHECK COMMENTARY- ELVIS IS LEAVING THE BUILDING – NOW WHAT?
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. A day like other days since the election, a president retweeting millions of Trump votes were “deleted” and Twitter tagging that and others as “disputed.” The retweet was from a posting by the […]
DATA FLASH: US OCTOBER CPI FLAT; JOBLESS CLAIMS FALL 48,000
–Core Prices Flat, Both Including and Excluding Energy Prices–Energy Prices Rose By 0.1%, But Gasoline Prices Down 0.5%. By Kevin Kastner WASHINGTON (MaceNews) – The October consumer price data were below expectations, with flat readings for both headline and core CPI. Both measures were expected to rise by 0.2%. The year/year rates for consumer inflation […]
STATUS CHECK COMMENTARY- OF TRADITION AND LEGACY
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Veterans Day saw the opening of the National Museum of the United States Army, a beautiful huge structure situated in the immense Fort Belvoir, one of the U.S. military’s most high tech installations […]
STATUS CHECK – VIRUS HITS WHITE HOUSE – AGAIN; BIDEN APPEALS FOR CALM
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. You had a dream, that there is now a president-elect and that all the uncertainty and anxiety of a long week started to fade away like long-ago birth pangs. In your dream President […]
DATA PREVIEW: A QUIET DATA WEEK GIVES INFLATION THE SPOTLIGHT
By Kevin Kastner WASHINGTON (MaceNews) – With little key data scheduled and the Veterans’ Day holiday falling in the middle of the week, the October inflation readings will get their moment to shine – or to disappoint. As has been the case since the FOMC shifted its emphasis on inflation to the backburner, it will […]
JAPAN TOKYO CORE CPI -0.5% Y/Y VS SEPT -0.2% ON WEAKER ENERGY, PROCESSED FOOD
(MaceNews) – Consumer prices in Tokyo, a leading indicator of the national average, turned weaker in October in the face of lower energy costs and a slower rise in processed food prices as well as the government program to support the pandemic-hit tourism industry with hotel discounts, data from the Ministry of Internal Affairs and […]
FOMC APT TO STAND PAT FOR NOW, BUT FUTURE FISSURES EMERGING
By Steven K. Beckner (MaceNews) – The Federal Reserve is about to hold its second Federal Open Market Committee meeting under its new monetary policy framework amid strange and rapidly changing circumstances. No policy change is likely on Nov. 5. In other words, the FOMC will almost certainly leave the federal funds rate in the […]
JAPAN SEPT CORE CPI -0.3% Y/Y VS. AUG -0.4% ON SMALLER HOTEL FEE DROPS
–BOJ Sees Core Price Drop Continuing By Max Sato (MaceNews) – The global pandemic continued to depress Japanese consumer prices in September as economic activity remained restrained amid slower declines in energy costs, but the year-on-year decline was slightly smaller than expected in light of less drastic cuts in tourism prices, data from the Ministry […]
ECB HINTS AT REFINEMENT OF ‘PRICE STABILITY’ GOAL IN STRATEGY REVIEW
By Laurie Laird LONDON (MaceNews) – The European Central Bank could refine its approach to achieving price stability during its delayed strategy review, assessing its inflation target and the components of the inflation basket, according to top rate setters Wednesday. The ECB has resumed a strategy review halted by the COVID pandemic, an evaluation that […]
STATUS CHECK – WHAT’S THE OPPOSITE OF A PRESIDENTIAL DEBATE?
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Twenty days until Election Day, a countdown to – what? Is it time to wonder what kind of lame-duck president Donald Trump would be? Of course he might win. But if not, […]