White House and Other Schedules for Friday, March 22
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, MARCH 22, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan February Core CPI Annual Rate Accelerates to 2.8%, as Expected, After Easing to 2.0% in January as Base-Year Effect of Utility Subsidies Has Waned
Japan core CPI accelerates
White House and Other Schedules for Thursday, March 21
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, MARCH 21, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Japan February Export Rise Led by Continued Solid Demand for Autos, Chip-Making Machines; Trade Balance in Deficit for 2nd Straight Month
–Imports Up Slightly for 1st Y/Y Rise in 11 Months on Clothing, Computers; Coal, LNG Imports Continue Falling on Softer Prices–Exports to China Post 3rd Straight Rise after Year-Long Slump–Exports to US Remain Robust; Those to EU Up for 3rd Month in A Row By Max Sato (MaceNews) –Japanese export values rose 7.8% on year […]
FOMC Leaves Funds Rate Unchanged; No Clear Signal When Rate Cuts To Start
– 2024 Rate Cut Projections Stay at Three – to 4.6%; Rate Cuts Trimmed for 2025, 2026 – Powell: FOMC Wants ‘Confirmation’ Inflation Falling After Jan, Feb Data – Powell: FOMC Could Decide To Curb Balance Sheet Run-off “Fairly Soon” By Steven K. Beckner (MaceNews) – Not long ago, many were expecting the Federal Reserve […]
TRANSCRIPT: Fed Powell’s Post-FOMC News Conference Offers No Surprises … Again
WASHINGTON (MaceNews) – The transcript of Federal Reserve Chair Jerome Powell’s post-FOMC meeting news conference Wednesday follows:
FOMC Policy Statement, Dot Plot Hardly Altered in Latest Meeting
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday not only offered no surprises, it hardly changed its policy statement language and “dot plot” expectations from the previous meeting, preserving the hope for perhaps three rate cuts this year but repeating there is still a nagging lack of confidence in the path of inflation. The […]
White House and Other Schedules for Wednesday, March 20
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MARCH 20, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the […]
BofA Global Research Fund Manager Survey: Cash Levels Edge Up as Global Investors Rethink Inflation/Interest Rate View
By Vicki Schmelzer NEW YORK (MaceNews) – Cash allocations nudged higher in March, driven by global investors rethinking their views about inflation and the outlook for lower interest rates, according to BofA Global Research’s monthly fund manager survey, released Tuesday. Average cash balances were 4.4% this month compared to 4.2% in February and 4.8% […]
Update: BOJ Conducts Its 1st Rate Hike Since 2007, Ends Yield Curve Control as Officials See Faster Wage Hikes This Year
–Update adds comments from BOJ Governor Ueda–BOJ Stops Targeting 10-Year JGB Yield After Capping it Around 1% But Continues Buying JGBs in 8-to-1 Vote By Max Sato (MaceNews) – The Bank of Japan said Tuesday its nine-member board decided in a majority vote to end its seven-year-old yield curve control framework and lift the overnight […]