FOMC Hikes By 0.75 Pt As Expected; Bare-Bones Statement Cites Elevated Inflation
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday did the expected, a three-quarter point rate hike which brings monetary policy to the brink of tightening instead of simply removing accommodation. In a bare-bones statement, the FOMC saw spending and production “softened” along with still-robust job gains and elevated inflation. “The Committee is highly attentive […]
White House and Other Schedules for Wednesday, July 27
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JULY 27, 2022 In the morning, the President will receive the President’s Daily Brief virtually. This meeting will be closed press. In-Town […]
White House and Other Schedules for Tuesday, July 26
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JULY 26, 2022 In the morning, the President will receive the President’s Daily Brief virtually. This meeting will be closed press. After, […]
White House and Other Schedules for Monday, July 25
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JULY 25, 2022 In the morning, the President will receive the President’s Daily Brief virtually. This meeting will be closed press. After, the […]
White House and Other Schedules for Saturday and Sunday
WASHINGTON (MaceNews) – The following are Saturday and Sunday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JULY 23, 2022 AND SUNDAY, JULY 24, 2022 On Saturday and Sunday, the President has no public events scheduled. Saturday’s In-Town […]
White House and Other Schedules for Friday, July 22
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JULY 22, 2022 In the morning, the President will receive the President’s Daily Brief virtually. This meeting will be closed press. […]
TEXT: Full White House Statement Disclosing Pres Biden Has Tested Positive for Covid, Taking Paxlovid
WASHINGTON (MaceNews) – The following is the full White House statement disclosing President Biden has tested positive for Covid, is taking Paxlovid and is isolating: This morning, President Biden tested positive for COVID-19. He is fully vaccinated and twice boosted and experiencing very mild symptoms. He has begun taking Paxlovid. Consistent with CDC guidelines, he […]
BOI’s Visco: Second Rate Hike in September ‘Appropriate’ if Long-Term Inflation Forecasts Do Not Improve
ROME (MaceNews) – Bank of Italy Governor Ignazio Visco said on Friday that a second rate hike in September by the European Central Bank could be “appropriate” if long-term inflation forecasts do not improve. Talking at Italy’s annual banking lobby ABI conference, Visco argued, however, that monetary policy normalization, particularly including any additional rate hikes […]
Japan May CPI Annual Rate Remains Above 2% on Fuels, Food, Appliances
By Max Sato –Core CPI +2.1% Y/Y for May, April Largest in Over 13 Years If 2014 Sales Tax Hike Impact Excluded–Total CPI +2.4% Y/Y for May, April Largest in Over 30 Years Excluding Impact of 2014, 1997 Sales Tax Hikes–Pace of Energy Price Rise Slower; Household Durable Goods Prices on Uptrend (MaceNews) – Consumer […]
Japan Govt Keeps View Economy Showing Signs of Pickup as Eased Covid Rules Prop Up Sentiment
By Mas Sato (MaceNews) – Japan’s government Monday maintained its economic overview for June after upgrading it in April as the drag from the pandemic appears to have waned while continuing to warn about the impact of the protracted Ukraine war, Covid restrictions in China, supply bottlenecks and fluctuating financial markets, according to its monthly […]