<strong>White House and Other Schedules for Wednesday, Jan 25</strong>
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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, JANUARY 25, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
<a href="https://craft.macenews.com/admin/entries/stories/52087-bank-of-canada-expected-to-lift-key-rate-by-25-bps-then-pause-this-year-as-inflation-continues-easing">Bank of Canada Expected to Lift Key Rate by 25 Bps, then Pause This Year as Inflation Continues Easing</a>
By Max Sato (MaceNews) – The Bank of Canada is widely expected by economists to slow the pace of its tightening, raising its short-term interest rate target by 25 basis points to 4.50% on Wednesday after conducting more aggressive hikes in 2022, then take a pause for the rest of the year as inflation eases […]
<strong>White House and Other Schedules for Tuesday, Jan 24</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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, JANUARY 24, 2023 In the morning, the President will receive the President’s Daily Brief. The Vice President will attend. This […]
<strong>White House and Other Schedules for Monday, Jan 23</strong>
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: DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, JANUARY 23, 2023 In the morning, the President will return to Washington, DC. The departure from Rehoboth Beach, Delaware will […]
<strong>White House and Other Schedules for Friday, Jan 20</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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, JANUARY 20, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
<strong>Japan December Core CPI Up 4.0% Y/Y, 41-Year High on Continued Food Markups, Higher Utility Costs </strong>
–Core CPI (Ex-Fresh Food) Y/Y Rise Highest Since +4.0% in December 1981 –Core-Core CPI (Ex-Fresh Food, Energy) +3.0% Y/Y, 31-Year High Since +3.0% in August 1991 –Total CPI +4.0% Y/Y, Nearly 32-Year High; Largest Since +4.0% in January 1991 in Wake of 1990-1991 Gulf War By Max Sato (MaceNews) – Consumer inflation in Japan accelerated […]
Fed’s Brainard: Slower Rate Hike Pace Lets FOMC ‘Probe’ For ‘Sufficiently Restrictive’ Level
By Steven K. Beckner (MaceNews) – Federal Reserve Vice Chairman Lael Brainard said Thursday that a slower pace of monetary tightening will allow the Fed to “probe for” a level of interest rates that is “sufficiently restrictive” to bring down inflation, while keeping an eye on divergent economic risks in a highly uncertain environment. Brainard, […]
<strong>White House and Other Schedules for Thursday, Jan 19</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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, JANUARY 19, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
<strong>Japan December Exports Continue Slowing Amid Lower Global Demand; Trade Deficit Hits Record in 2022 </strong>
–Japan Posts 17th Straight Month of Trade Deficit on Oil, Gas Import Costs–Exports to US Remain High After Hitting Record High in October –Exports to China Mark 1st Y/Y Drop in 7 Months Amid Renewed Covid Spike in China By Max Sato (MaceNews) – Growth in Japanese export values lost more steam in December on […]
<strong>BOJ Keeps Easing Stance Amid Slowing Global Growth, Expects Cost-Push Inflation to Lose Steam in FY23</strong>
–Board Sees 3% Core CPI Rise in FY22 to Slow to 1.6% in FY23, 1.8% in FY24 –Board Revises Down GDP Forecasts to 1.9% in FY22, 1.7% in FY23, 1.1% in FY24 By Max Sato (MaceNews) – The Bank of Japan said Wednesday its policy board decided unanimously to maintain its basic monetary easing stance, […]