Japan July Industrial Output Up Slightly on Easing Supply Bottlenecks for Autos
–METI Survey Points to Possible Dip in August Output, Small Gain in September–METI Keeps View: Output Making One Step Forward, One Step Back–METI: To Watch Effects of Rising Covid Cases, Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production posted a slight gain in July in light of easing supply constraints for automakers, […]
Williams: Funds Rate ‘Quite a Ways’ From Needed ‘Restrictive’ Stance
Size of Sept. 21 Rate Hike Will Depend on ‘Totality of The Data’ Funds Rate Likely Needs To Go Above 3.5% Next Year Throws Cold Water On Talk Of 2023 Rate Cuts By Steven K. Beckner (MaceNews) – New York Federal Reserve Bank President John Williams said Tuesday that short-term interest rates are “quite a […]
Atl Fed’s Bostic: Fed Will Keep Moving Expeditiously’ to Cut Inflation
–FOMC Must Guard Against Too Little, Too Much Tightening–Rates Must Become Restrictive to Bring Down Inflation By Steven K. Beckner (MaceNews) – Atlanta Federal Reserve Bank President Raphael Bostic said Tuesday that the Fed needs to keep raising interest rates “expeditiously” into a “restrictive” stance to reduce inflation, but he warned against raising rates too […]
White House and Other Schedules for Tuesday, Aug 30
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, AUGUST 30, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting […]
Japan July Jobless Rate Unchanged as Govt Avoids Covid Restrictions Amid Case Spike
–Employment Posts 1st Y/Y Drop in 4 Months, Led by Wholesalers, Retailers, Manufacturing–Number of Unemployed Marks 13th Straight Y/Y Drop But Still Above January 2020 Level–Unemployment at 2.6% from May to July Vs. April’s 2-Year Low 2.5%–Fewer Job Losses M/M in July While More People Seek Other Openings By Max Sato (MaceNews) – Japanese payrolls […]
White House and Other Schedules for Monday, Aug 29
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, AUGUST 29, 2022 In the morning, the President will return to the White House from Wilmington, Delaware. The departure from […]
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, AUGUST 27, 2022 AND SUNDAY, AUGUST 28, 2022 On Saturday and Sunday, the President has no public events scheduled. Saturday’s Out-of-Town […]
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, AUGUST 27, 2022 AND SUNDAY, AUGUST 28, 2022 On Saturday and Sunday, the President has no public events scheduled. Saturday’s Out-of-Town […]
Fed’s Powell Vows To Battle Inflation With ‘Restrictive’ Rates ‘Until Job Is Done’
No Clear Signal on Size of Sept. 21 Rate Hike; ‘Unusually Large” Move Possible Policy Will Need to Stay Restrictive ‘For Some Time,’ Involve Some ‘Pain’ By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell Friday strongly reaffirmed the Fed’scommitment to bringing down inflation Friday, vowing to move monetary policy into a “restrictive”posture […]
White House and Other Schedules for Friday, Aug 26
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, AUGUST 26, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]