White House and Other Schedules for Tuesday, July 11
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 and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JULY 11, 2023 – THURSDAY, JULY 13, 2023 In the morning, the President will participate in an official […]
Fed’s Daly, Mester Argue for Further Fed Rate Hikes To Reduce Inflation
– Daly: 2 Rate Hikes ‘A Very Reasonable Projection’; Could Do More or Less – Mester Urges ‘Somewhat Tighter Monetary Policy’ For ‘More Timely’ Inflation Fall – Daly: Banks Not Curbing Credit More Than Expected in Slowing Economy By Steven K. Beckner (MaceNews) – Senior Federal Reserve officials largely concurred Monday on the need for […]
White House and Other Schedules for Monday, July 10
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 and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORMONDAY, JULY 10, 2023 – THURSDAY, JULY 13, 2023 In the morning, the President will meet with Prime Minister […]
White House and Other Schedules for Friday, July 7
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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, JULY 7, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Japan May Household Spending Slumps on Volatile Factor of Mobile Vehicle Purchases, Financial Support
–Drop Also Due to Continued Shift to Lower Mobile Phone Plans; Spending on Traveling, Eating Out Remains Strong –Real Household Income Posts 8th Straight Y/Y Drop on Elevated Costs, Shorter Overtime Working Hours By Max Sato (MaceNews) – Japan’s real household spending fell more sharply than expected in May for a third straight decline on […]
ISM: US June Service Sector Activity in Expansion Territory for 6th Straight Month on Pickup in New Orders, Easing Inflation
–ISM’s Nieves: Firms Cautious About Inflation, Growth Outlook –Nieves: Expect Positive Growth in Services but Watch How Manufacturing Goes After Summer –Nieves: Employment Up but Remains a Mixed Bag By Max Sato (MaceNews) – Business activity in the U.S. service sector was in positive territory for the sixth straight month in June, with the […]
White House and Other Schedules for Thursday, July 6
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 SCHEDULE FOR THURSDAY, JULY 6, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
FOMC Minutes See Near Unanimity on Need for Future Rate Hikes This Year But No Clues on Frequency
WASHINGTON (MaceNews) – The minutes of the most recent Federal Open Market Committee policy meeting Wednesday saw wide agreement on the need for more rate hikes this year but lacked clues on their frequency or intensity. While participants saw the balance of supply and demand improving over time, so far the progress against aggressive inflation […]
US June ISM Manufacturing in Contraction for 8th Straight Month on Weaker Demand, More Layoffs
–ISM’s Fiore: Not Giving Any Guidance Any Longer Vs. Previous View: Main Index in 47 to 51 Range –Fiore: Firms Managing Outputs Down as Softness Continues, Optimism about 2nd Half 2023 Weakens Vs. May Report: Firms Managing Output to Prepare for Pickup in Late Summer, Early Fall –Fiore: Uncertainty Continues but Not Saying Chance of […]
BOJ June Quarter Tankan: Major Manufacturers’ Sentiment Posts 1st Rise in 7 Quarters on Improved Supply Chains, Food Price Markups
–Carmakers Expect Brighter Outlook in September; Food Producers See Pullback After Large Gain in June –Hotels, Restaurants See Slightly Lower September Sentiment After Jump in June; Real-Estate firms, Wholesalers Forecast Sizeable Declines –Both Large and Small Firms Revise Up Their Combined Capex Plans for Fiscal 2023 By Max Sato (MaceNews) – Confidence among major manufacturers […]