Bank of Canada Expected to Lift Key Rate by 75 Bps in Front-Loading Move to Fight Inflation
By Max Sato (MaceNews) – The Bank of Canada is widely expected to raise its policy interest rate — the target for overnight lending rates — by 75 basis points to 3.25% on Wednesday as part of its front-loading credit tightening drive to bring down decades-high inflation above 7% to its 2% target. The move […]
ISM: US August Service Sector Growth Slightly Higher on New Orders, Jobs, Easing Supply Bottlenecks 
–ISM’s Nieves: Port Congestion Has Eased but Unloading Taking Time–ISM’s Nieves: Firms Still Face Price Pressures but Inflation Peaking –ISM’s Nieves: China Factory Shutdown Amid Covid Restrictions Affecting US Imports By Max Sato (MaceNews) – US service sector growth accelerated slightly in August on higher new orders, improving employment and easing supply constraints, after […]
Likely Win By Italy’s Right-Wing Coalition Would Upset EU Pandemic Aid Plans, Slow Economy – Ruling Coalition Sources
By Silvia Marchetti ROME (MaceNews) – An expected right-wing coalition victory in upcoming elections could delay Italy’s deployment of key European pandemic aid funds aimed at supporting the recovery, with the result of lower growth, warned outgoing ruling coalition sources. Democrat party sources argued that the electoral program of the far-right alliance aims at changing […]
White House and Other Schedules for Tuesday, Sept 6
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, SEPTEMBER 6, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
White House and Other Schedules for Monday, Sept 5
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, SEPTEMBER 5, 2022 In the morning, the President will travel to Milwaukee, Wisconsin. The departure from Joint Base Andrews will be […]
White House and Other Schedules for Saturday and Sunday
WASHINGTON (MaceNews) – The following are Saturday and Sunday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events: WEEKEND GUIDANCE AND PRESS SCHEDULE FOR SATURDAY, SEPTEMBER 3, 2022 AND SUNDAY, SEPTEMBER 4, 2022 On Saturday and Sunday, the President has no public events scheduled. Saturday’s In-Town Pool Wires: […]
White House and Other Schedules for Friday, Sept 2
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, SEPTEMBER 2, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
US Aug ISM Manufacturing Growth Steady on New Orders, Employment While Prices Ease
–ISM: New Export Orders Post 1st Contraction Since June 2020–ISM’s Fiore: ‘Prices Expansion Eased Dramatically’–ISM’s Fiore: China Is Very Sluggish, Slowdown Is a Concern–ISM’s Fiore: Chip Shortages Stabilized but To Remain Until Q1 of 2023 By Max Sato (MaceNews) – U.S. manufacturing activity growth held up in August after slowing in the previous two months, […]
White House and Other Schedules for Thursday, Sept 1
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, SEPTEMBER 1, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
White House and Other Schedules for Wednesday, Aug 31
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: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, AUGUST 31, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town […]