Italy Faces Risk of New Debt Crisis with ‘Wobbly’ Right Win – Sources
By Silvia Marchetti ROME (Mace News) – Italy is facing the risk of a new sovereign debt crisis if a rightist win at the next election prevents formation of a stable pro-European government with a credible fiscal plan, according to current ruling coalition sources. Meanwhile, spreads have blown out as polls show overwhelming odds that […]
Japan Producer Price Inflation Steadies at Relatively High Pace; Lumber, Steel Prices Ease
–Export, Import Producer Prices Down on Month Amid Slower Global Demand By Max Sato (MaceNews) – Producer inflation in Japan steadied at a relatively high level in August after easing in July to the slowest pace in seven months and hitting a 41-year high in April, as slightly faster year-on-year gains in the costs for […]
White House and Other Schedules for Tuesday, Sept 13
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 13, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
White House and Other Schedules for Monday, Sept 12
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 12, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
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 10, 2022 AND SUNDAY, SEPTEMBER 11, 2022 On Saturday, the President has no public events scheduled. On Sunday, the […]
White House and Other Schedules for Friday, Sept 9
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 9, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]
Bank of Canada’s Rogers: Long Way to Go Before High Inflation Returns to Target
–Senior Deputy Governor: To Keep High Inflation from Becoming Entrenched–Rogers: Some Early Signs of Rate Hikes Working, As in Housing Market Pullback–Rogers: Canadian Economy Strong, Can Cool and Stay in Positive Territory –Rogers: Higher Rates Are Adding Burden to Canadians but Need to Bring Inflation Down By Max Sato (MaceNews) – The Bank of Canada’s […]
ECB Lifts Interest Rates By 75 Basis Points; More Hikes in the Pipeline
By Laurie Laird LONDON (MaceNews) – The European Central Bank raised its three main borrowing rates by 75 basis points on Thursday and promised to tighten further with inflation at a record high and moving further from its target. “We are so far away from the rate that will return us to 2%,” said ECB […]
White House and Other Schedules for Thursday, Sept 8
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 8, 2022 [Although not on the official schedule, Pres Biden is widely reported to be holding a teleconference among […]
Japan Q2 GDP Growth Revised Up on Firmer Capex, Smaller Inventory Drop
–Private Consumption Leads 3rd Straight Q/Q Growth as in Initial Data –Capex Rebounds Sharply on Solid Digitalization, Greener Energy Demand –Q3 GDP Growth Faces Headwinds: Covid Spike, Slower Global Growth, China Lockdowns By Max Sato (MaceNews) – Japan’s consumption-led economic growth in the April-June quarter was revised up sharply as business investment in equipment turned […]