Bank of Canada Deputy Gov. Gravelle: May Hike Above Neutral Rates or Pause as Prices, Growth Shift

–Gravelle: BOC Not on Pre-Set Path Toward Specific ‘Terminal’ Rate –Gravelle: Canadian Economy Can Take Higher Interest Rates –Gravelle: Supply Chain Bottlenecks Could Last Longer, Spending Could Surge –Gravelle: Canadians Have More Liquid Assets, Reduced Non-Mortgage Debts –Gravelle: Prices Could Dip, Spending on Goods Could Slump in Shift to Services –Gravelle: Households Highly Indebted in […]

White House and Other Schedules for Thursday, May 12

WASHINGTON (MaceNews)—The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, MAY 12, 2022  In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting […]

BOJ April Meeting Summary: Inflation to Flirt with 2% but Not Sustainable

–Board Members Also Argue Monetary Policy Should Not Be Linked to Forex  By Max Sato (MaceNews) – Bank of Japan board members agreed that the current uptick in consumer inflation toward the bank’s 2% target would be temporary as the base effect of high food and energy prices is likely to fade next year, with […]

White House and Other Schedules for Wednesday, May 11

WASHINGTON (MaceNews)—The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MAY 11, 2022  In the morning, the President will travel to Chicago, Illinois. The departure from the South Lawn will be open press and pooled […]

White House and Other Schedules for Tuesday, May 10

WASHINGTON (MaceNews)—The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, MAY 10, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will deliver […]

Japan March Household Spending Rebounds M/M on Eased Covid Rules

–Spending Posts 1st Y/Y Drop in 3 Months as People Cook Less at Home –January-March Spending Dips Q/Q, Hit by Omicron-led Spike in Covid Cases By Max Sato (MaceNews) – Japan’s real household spending posted the first month-on-month rise in three months in March as the government eased public health restrictions and the weather improved […]

White House and Other Schedules for Monday, May 9

WASHINGTON (MaceNews)—The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, MAY 9, 2022  In the morning, the President will return to the White House from Wilmington, Delaware. The departure from Delaware Air National […]

G7 Leaders Pledge Continued Actions Vs Russia

WASHINGTON (MaceNews) – Leaders of the G-7 countries, including President Joe Biden, Sunday met with Ukraine President Volodymyr Zelensky by video hookup, afterwards issuing a long statement pledging continued widespread sanctions and other actions, like phasing out Russia energy supplies, to support the war effort. The statement follows: G7 Leaders’ Statement Today, on 8 May, […]

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 US data and Federal Reserve events:  WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, MAY 7, 2022 AND SUNDAY, MAY 8, 2022  On Saturday, the President has no public events scheduled. On Sunday, the President will participate in a […]