Bundesbank: Crypto Tokens Should be Independent of Central and Commercial Banks
By Marco Babic ZURICH (MaceNews) – The systems designed around crypto tokens, such as Bitcoin, should be independent of central banks and commercial banks because it is their actions that determine the value of the underlying means of payment, the Bundesbank said in its monthly report for September. Bitcoin was introduced in 2008 with the […]
ECB Forum: Policy Statements Limited to Lagarde’s Opening Address
LONDON (MaceNews) – Any statement or expansion of European Central Bank policy at the annual policy forum scheduled Tuesday is likely to come from President Christine Lagarde’s opening statement scheduled for 1400 CET on Tuesday, according to senior ECB officials. Lagarde will kick off the ECB’s annual policy forum, an event usually held in the […]
Monday September 27 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, SEPTEMBER 27, 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-Town Pool Wires: AP, Reuters, Bloomberg Wire Photos: AP, Reuters, AFP, NYT TV Corr & Crew: CNN […]
MaceNewsViews: Commentary – Sorry, Europe, the US – and China – Won’t Let You Sit This One Out
By Denny Gulino WASHINGTON (MaceNews) – The German federal election proceeds as if the choices don’t matter all that much. Regardless of the personalities a relatively centrist coalition will finally endeavor to strike the path ahead, in Germany’s case, a path of least resistance – as long as it can. Climate, stability, prosperity. Chances are, […]
Weekend Washington Schedules from Mace News
The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FOR SATURDAY, SEPTEMBER 25, 2021 AND SUNDAY, SEPTEMBER 26, 2021 On Saturday, the President has no public events scheduled. On Sunday, the President will return from Camp David to the White House. The arrival on the South Lawn will be open press and pooled for TV. Saturday’s […]
2022 FOMC Voters George, Mester Agree Time To Start Tapering
Mester Sees Liftoff ‘By End Of Next Year’; Worse Inflation May Mean More George Wants to Raise Rates ‘Sooner Rather Than Later’ George Cites Financial Stability Risks As Key FOMC Concern By Steven K. Beckner (MaceNews) – Kansas City Federal Reserve Bank President Esther George and Cleveland Fed President Loretta Mester agreed Friday the time […]
German Sept. Business Sentiment Fell Third Consecutive Month on Procurement Problems
ZURICH (MaceNews) – Sentiment among German businesses fell in September for the third month in a row, although not as much as had been expected by economists, according to the latest report from the Munich-based Ifo Institute. The Ifo Business Climate Index fell to 98.8 in September from a revised 99.6 (99.4) the previous month, […]
Friday September 24 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, SEPTEMBER 24, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the President will participate in a bilateral meeting with His Excellency Narendra Modi, Prime Minister of the Republic of India. This meeting in the […]
Japan Aug Core CPI Flat Y/Y After Year-Long Drop; Energy Pickup Slows
— Total CPI Marks 11th Straight Y/Y Drop As Fresh Vegetable Prices Slump — Downward Pressure From Low Cost Mobile Phone Plans Intensifies By Max Sato (MaceNews) – Higher costs for energy and processed food continued easing the downward pressure on Japan’s core consumer prices, which was flat on year in August after a year-long […]
MaceNewsViews – Commentary: Nihilism’s Dream – The US Defaults
By Denny Gulino WASHINGTON (MaceNews) – Those knowing think pieces and Op-Eds by veteran graybeards, scoffing at the super-hyped headlines about the dangers of a pending debt-limit impasse, should be reassuring. They’ve seen it all before, the six dozen or more times Congress allows the nation’s Treasury to start borrowing again, often at the last […]