Cleveland Fed’s Mester: Should Reduce Balance Sheet Soon, Faster Than Last Time
By Steven K. Beckner (MaceNews) – Expressing heightened concern about inflation, Cleveland Federal Reserve Bank President Loretta Mester called Wednesday for an early and relatively rapid firming of monetary policy. Mester, a voting member of the Fed’s policy making Federal Open Market Committee this year, said she favors starting to raise the federal funds in […]
Italy’s Center Right Coalition Is Falling to Pieces, Smaller Chance of Success in 2023 – Sources
By Silvia Marchetti ROME (MaceNews) – Italy’s center right coalition is crumbling to pieces following the presidential vote; it is now weaker and if it doesn’t quickly “recover” its chances of winning the 2023 elections are down to a minimum, according to party sources. The center right’s three allied parties – the League group of […]
Wednesday February 9th Washington Schedules from Mace News
THE WHITE HOUSE DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, FEBRUARY 9, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, the President will participate in a roundtable with CEOs of electric utilities to discuss his Build Back Better agenda, which will make the largest […]
Tuesday February 8th Washington Schedules from Mace News
THE WHITE HOUSE DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, FEBRUARY 8, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press. At noon, the President will have lunch with the Vice President in the Private Dining Room. This lunch will […]
Japan Dec Household Spending Dips Again; Q4 Rise Points To Solid GDP Growth
— Oct-Dec Household Spending +4.6% Q/Q; Q4 GDP Seen Up 1.4% Q/Q— Shrinking Demand for TVs, Food for Cooking Leads To Y/Y Drop in December— Spending on Dining Out, Traveling Up Y/Y But Ministry Keeps Close Watch By Max Sato (MaceNews) – Japan’s household spending suffered a slight drop from a year earlier in December […]
PREVIEW: Japan Q4 GDP Rebound Seen on Easing Supply Bottlenecks, Covid Lull
— Consumption, Capex, Net Export Gains Behind Expected Solid Q4 Growth — Q1 GDP Face Downside Risks as Omicron-Led Covid Spike Hurts Sentiment By Max Sato (MaceNews) – Japan’s gross domestic product for the October-December quarter is forecast by economists to post a 1.4% rebound on quarter, or an annualized 5.8% rise, as easing […]
Monday February 7th Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, FEBRUARY 7, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press. In the afternoon, the President will welcome H.E. Olaf Scholz, Chancellor of the Federal Republic of Germany, to the […]
Weekend Washington Schedules from Mace News
THE WHITE HOUSE WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, FEBRUARY 5, 2022 AND SUNDAY, FEBRUARY 6, 2022 On Saturday, the President has no public events scheduled. On Sunday, the President will return to the White House from Wilmington, Delaware. The departure from Wilmington, Delaware will be covered by the out-of-town pool. The arrival on the South Lawn […]
Italy Govt To Extend Loans Freeze, Boost State-Backed Guarantees – Sources
By Silvia Marchetti ROME (MaceNews) – Italy’s government is expected to extend a key pandemic loans payment moratorium which expired in December 2021, and boost state-backed guarantees for private investments, according to ruling coalition sources. The extension of both measures, set-up in the wake of the COVID-19 crisis to help struggling firms’ and families access […]
BOE Governor Andrew Bailey Takes Heavy Fire After Calling for Pay Restraint
— UK unions take aim after Thursday’s rate hike— MPC members Pill, Broadbent urge gradual tightening LONDON (MaceNews) – Bank of England Governor Andrew Bailey suffered the brickbats of UK trade unions after suggesting that workers rein in demands for pay hikes even as inflation hovers at a three-decade high. “We do need to see […]