Friday October 25 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCEDULE FOR FRIDAY, OCTOBER 22, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the evening, the President will travel to Wilmington, Delaware, where he will remain over the weekend. The departure from the South Lawn will be […]
Japan Sept Core CPI Marks 1st Y/Y Rise in 18 Months on Utilities
— Overall Energy Costs Up; Pace of Gasoline Markup Eases Slightly— Total CPI Posts 1st Y/Y Gain in 13 Months on Rebound in Fresh Food— Downward Pressure From Low Cost Mobile Phone Plans Lingers By Max Sato (MaceNews) – Global supply chain disruptions and reopening demand led energy and processed food costs to rise further, […]
Thursday October 21 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCEDULE FOR THURSDAY, OCTOBER 21, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President and the Vice President will deliver remarks at the 10th Anniversary celebration of the dedication of the Martin Luther King, Jr. Memorial in […]
ANALYSIS: Japan Faces Cost Inflation Amid Weak Yen, Slow Wage Growth
By Max Sato (MaceNews) – Rising energy and commodities prices may help lift Japan’s near-zero inflation rate but a further rise in the costs for daily necessities would dampen already wobbly consumer spending and surging producer prices would hurt small businesses that cannot pass higher input costs on to customers amid uncertain growth prospects. Japan […]
Fed’s Beige Book Sees ‘Significantly Elevated Prices’
WASHINGTON (MaceNews) – The Federal Reserve’s survey of economic conditions coast to coast Wednesday found “significantly elevated prices” and some regional Fed districts in which growth slowed, hampered by labor shortages, supply disruptions and, of course, the Delta variant. Auto sales declined and some districts “noted increased uncertainty and more cautious optimism than in previous […]
Pres Biden’s ‘Build Back Better’ Getting Makeover
By Eric Ham WASHINGTON (MaceNews) – President Biden met with House progressives who then signaled major changes to the legislation to expand the social safety net. Tuition-free community college, a major priority of the White House, will be dropped. Moreover, the child tax credit — another key Democratic priority — would likely be extended for […]
Bundesbank’s Weidmann Makes Surprise Announcement, to Step Down at Year End
— ECB Governing Council to Lose One Of Its Most Hawkish Rate Setters By Laurie Laird LONDON (MaceNews) – Jens Weidmann, president of Germany’s Bundesbank, will relinquish his position at the end of 2021, ridding the European Central Bank of one its most hawkish voices. Weidmann has asked German President Frank-Walter Steinmeier to “dismiss” him […]
Wednesday October 20 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCEDULE FOR WEDNESDAY, OCTOBER 20, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, the President will travel to Scranton, Pennsylvania. The departure from the South Lawn will be open press and pooled for TV. The […]
Japan Sept Exports Slower as Global Supply Chain Snag Cuts Auto Shipments
— Imports Surge on Energy, Vaccines, Leading to 2nd Straight Trade Deficit By Max Sato (MaceNews) – Japanese exports stayed above the level seen a year earlier in September but the pace of increase continued decelerating as carmakers and electronics firms cannot meet reopening demand amid worsening global supply chain disruptions, data released Wednesday by […]
BofA Global Research Fund Manager Survey: Increasingly Negative World Growth Outlook Prompt Former Bulls To Retreat in October
By Vicki Schmelzer — Record Underweight in Bonds On Rate Hike Jitters NEW YORK (MaceNews) – World growth expectations fell more markedly in October, prompting formerly bullish global investors to retreat, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. Growth expectations were weighed by fears of higher interest rates, […]