Japan’s October Energy-Led CPI Rise Capped by Deeper Mobile Phone Discounts

— Gasoline, Heating Oil, Utilities Costs Up Sharply Amid Rising Energy Markets — Total CPI Marks 2nd Straight Y/Y Gain; Slower on Fresh Food Price Drop — Producer Price Spike Has Limited Impact on CPI But BOJ Sees Gradual Pickup By Max Sato (MaceNews) – Core consumer prices in Japan maintained a small step upward […]

Thursday November 18 Washington Schedules from Mace News

The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, NOVEMBER 18, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will deliver remarks and sign into law S. 1511, the “Protecting America’s First Responders Act of 2021,” S. 1502, the “Confidentiality Opportunities […]

Eurozone October Final HICP Rose 4.1% vs Year Ago, Matching Preliminary Result

ZURICH (MaceNews) – Inflation in the countries sharing the euro rose 4.1% in October, according to final figures released today by Eurostat, and confirmed the preliminary result. Energy prices were the main driver of the gain as they were 23.7% higher than year ago levels, and contributed 2.21 percentage points to the overall increase, according […]

Wednesday November 17 Washington Schedules from Mace News

The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, NOVEMBER 17, 2021 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 travel to Detroit, Michigan. The departure from the South Lawn will […]

Japan September Machine Orders Flat, Posting Only Small Q3 Gain

–Japan Govt Keeps View: Pickup in Machine Orders Pausing –Q3 Core Orders Far Below Official Forecast; Q4 Seen Up Moderately By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, were unchanged in September, coming in weaker than a rebound forecast by many and following a surprise slip […]

Japan Oct Exports Slow on Parts Supply Delays; Steel, Machine Demand Solid

— Imports Up on Rising Energy Costs, Leading to 3rd Straight Trade Deficit By Max Sato (MaceNews) – Year-on-year growth in Japanese exports continued to lose momentum in October as Covid-triggered delays in parts supply from Southeast Asia, microchip shortages and congestion at international ports have forced carmakers and others to trim output and shipments, […]

San Fran Fed’s Daly Calls For ‘Patience’ Regarding Monetary Tightening

–Wants More ‘Clarity” Before Adjusting Taper Pace, Funds Rate –Moved Liftoff Date From 2024 to 2023; Not Sure About 2022 Given Delta –Data Too ‘Cloudy’; Tightening Policy Further Could Be ‘Costly,’’Mistake’ By Steven K. Beckner (MaceNews) – San Francisco Federal Reserve Bank President Mary Daly called Tuesday for “patience” and urged the Fed to await […]

White House Transcript of Biden-Xi Backgrounder Briefing

WASHINGTON (MaceNews) – The following is the White House transcript of the late Tuesday background teleconference in which reporters were briefed on the three-hour virtual meeting of Pres Biden and China’s President Xi: Background Press Call by Senior Administration Officials on President Biden’s Virtual Meeting with President Xi of the People’s Republic of China  Via […]