Analysis: Canada’s Economy Survives Anti-Covid Mandate Blockade, Reputation at Stake
By Max Sato (MaceNews) – The Canadian economy appears to have emerged little hurt overall from a temporary blockade of its key US trade route caused by a truckers-led protest against anti-Covid mandates, but the government failure to prevent occupations of crucial border crossings and the national capital has tarnished the country’s reputation as an […]
Fed’s Brainard Suggests Dollar Could Suffer If Fed Doesn’t Issue Its Own Digital Currency
By Steven K. Beckner (MaceNews) – Federal Reserve Governor Lael Brainard linked the development of a digital central bank currency to preservation of the U.S. dollar’s primacy in international trade and finance Friday. The Fed is not ready to announce the issuance of a digital currency, but Brainard said the Fed is well along the […]
NY Fed’s Williams Nixes 50 BP March Hike in Federal Funds Rate
– ‘No Compelling Argument’ For Big Move In the Beginning of Firming Process – Affirms Market Expectations of ‘More Normal’ Funds Rate of 2-2.5% by end 2023 – MBS Sales Should Only Be Considered ‘Down The Road’ – ‘Confident’ Fed ‘Can Manage the Soft Landing’ By Steven K. Beckner (MaceNews) – New York Federal Reserve […]
Chicago Fed’s Evans: Monetary Policy ‘Wrongfooted, Needs Substantial Adjustment’
– Expects Inflation to Drop; Still ‘Well Anchored at 2%’ – ‘No Extra Monetary Restraint Needed to Bring Inflation Down’ By Steven K. Beckner (MaceNews) – Chicago Federal Reserve Bank President Charles Evans predicted Friday that inflation will fall from its current rapid pace and said he doesn’t think the Fed will need to be […]
Friday February 18th Washington Schedules from Mace News
THE WHITE HOUSE DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, FEBRUARY 18, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: CBSPrint: Washington ExaminerRadio: AP EST 10:00 AM THE PRESIDENT receives the President’s Daily […]
Japan January Core CPI Rise Shrinks as Hotel, Insurance Upward Base Effects Wane
— Both Core and Total CPI Measures Mark 5th Straight Y/Y Gains on Energy — Utilities Push Up Overall Energy Costs; Durable Goods Prices Slide By Max Sato (MaceNews) – Consumer prices in Japan posted the fifth straight year-on-year rise in January but the pace of increase decelerated sharply as the 2021 base effects of […]
Japan Government Downgrades View: Some Weakness Seen in Pickup Hit by Covid
— Pickup in Consumption Pausing on Resumed Covid Restrictions — Business Investment Moving Upward as Seen in Q4 GDP Rebound By Max Sato (MaceNews) – Japan’s government Thursday downgraded its economic overview for the first time in five months, noting the recent spike in coronavirus cases sparked by the Omicron variant is hurting consumer spending, […]
THURSDAY FEBRUARY 18th WASHINGTON SCHEDULES FROM MACE NEWS
THE WHITE HOUSE DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, FEBRUARY 17, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will travel to Cleveland, Ohio. The departure from the South Lawn will be open press and pooled for TV. The departure from Joint Base […]
Japan January Exports Post 11th Straight Rise on Reopening Demand but Pace Slows
–Import Gain Remains High on Energy, Leading to 6th Straight Trade Deficit –Exports to China Slip Leading to Lunar New Year Holidays –Auto Shipments Slide After Recent Pickup on Easing Supply Bottlenecks By Max Sato (MaceNews) – Japanese exports rose from a year earlier for the 11th straight month in January but at a slower […]
Japan December, Q4 Machine Orders Continue Rising; Slight Setback Seen in Q1
–Japan Government Upgrades View for 2nd Month: Machine Orders Picking Up By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, unexpectedly posted a third straight monthly gain in December, boding well for capital investment, which marked a modest rebound in October-December to support Q4 GDP growth, data […]