Japan Economic Sentiment Clouded by COVID Infection Spike; Inflation Pickup Slow
By Max Sato (MaceNews) – Japanese sentiment picked up slightly in July, thanks to a four-day weekend created for the Tokyo Olympics, but the uncertainty over the economic outlook grew amid a surge in cases caused by the more infectious Delta variant and public frustration over the government’s response to the pandemic, including the slow […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, AUGUST 11, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]
Chicago Fed’s Evans: ‘We’re Well on Our Way’ Toward Tapering
– Taper Could Begin Early Next Year Following December Decision By Steven K. Beckner (MaceNews) – Chicago Federal Reserve Bank President Charles Evans sounded noticeably less reluctant to begin scaling back asset purchases Tuesday. Evans, talking to reporters via Webex, said the economy is “well on its way” to meeting the Fed’s employment and inflation […]
Germany’s ZEW Economic Sentiment Plunges More than Expected in August
ZURICH (MaceNews) – The economic outlook in Germany fell for the third consecutive month in August on Covid and China growth concerns, according to the latest report from the ZEW research institute in Mannheim. Expectations fell 22.9 points from the previous month to 40.4, well below the median forecast of 57.0 in an Econoday survey […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, AUGUST 10, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, AUGUST 9, 2021 On Monday, the President will remain in Wilmington, Delaware. In the morning, the President will receive the President’s Daily […]
Bundesbank’s Weidmann Doesn’t Rule Out Tighter ECB Policy Amid Inflation Rise
ZURICH (MaceNews) – In the face of a sharp inflation increase, Bundesbank President Jens Weidmann said he doesn’t rule out higher interest rates from the European Central Bank. In an interview with the German newspaper Welt am Sonntag, Weidmann said that euro member states should not rely on the central bank to help finance an […]
US Data Preview Commentary: CPI, PPI, UMich and Most Important and Least Regarded, Productivity
WASHINGTON (MaceNews) – It’s inflation week, with the CPI and the PPI on Wednesday and Thursday, reigniting the now sterile speculation about whether price pressures are transitory, when it’s more important for the same question to be applied to a quite different economic statistic, Tuesday’s report on productivity. Simply stated, productivity growth is what sustains […]
Saturday/Sunday Washington Schedules from News
WASHINGTON (MaceNews) – The following are the schedules for Saturday and Sunday for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, AUGUST 7, 2021 AND SUNDAY, AUGUST 8, 2021 On Saturday and Sunday, the President has no public […]
Germany’s Industrial Output Unexpectedly Fell in June, Falling 1.3%
ZURICH (MaceNews) – Industrial production in Germany unexpectedly fell in June, declining 1.3 percent from the previous month, according to the latest report from the Federal Statistics Office (Destatis) The decline was in contrast to a larger-than-expected increase in factory orders reported yesterday, and also below the median for a 0.5 percent gain according to […]