FOMC Stands Still as Expected, Acknowledges Economy has ‘Strengthened’

WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday fulfilled every expectation for doing nothing to alter policy of patience as anti-virus measures progress. The text of the policy statement follows: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its […]

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 economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, APRIL 28, 2021  In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting […]

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 economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, APRIL 27, 2021  In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting […]

Italy Readies Sale of New USD-Denominated Bonds, Likely In Coming Days – Sources

By Silvia archetti ROME (MaceNews) – Italy is likely to issue two new maturities of more USD-denominated bonds over the next few days, potentially by the end of this week, according to ruling coalitions sources. It will be a two-tranche issuance with a 3-year and a 30-year maturity each with the goal to further complete […]

German IFO Business Sentiment Shows Slight Improvement in April

ZURICH (MaceNews) – Business sentiment in Germany improved slightly in April, as managers viewed current conditions more favorably, according to the latest report from the Ifo institute in Munich. The Business Climate Index rose to 96.8 from 96.6 in April, the report showed Monday, but failed to meet economists’ expectations for an increase to 97.5, […]

US NABE Survey Sees Optimism on All Fronts, From Growth to Sales and Employment

WASHINGTON (MaceNews) – Major portions of the panel of 97 members of the National Association for Business Economics generally agreed things are looking up in the American economy, for growth, sales, pricing power, employment, profits and wages. The organization’s quarterly survey published Monday saw gains in many categories through the first quarter and optimism for […]

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 economic data and federal reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, APRIL 26, 2021  In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting […]

Saturday/Sunday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are the schedules for Saturday and Sunday for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, APRIL 24, 2021 AND SUNDAY, APRIL 25, 2021  On Saturday morning, the President and the […]

US Data Preview: FOMC/Powell News Conf; GDP, Personal Inc, Durables

WASHINGTON (MaceNews) – The week ahead promises no surprises, in the first-quarter GDP report, the FOMC meeting, durable goods report, the price of oil, the president’s address to Congress, the gradually improving trend of virus cases unless … . Unless you count the preternaturally moderate benchmark U.S. 10-year yield. At this writing 1.567%. Who at […]

Japan Mar CPI Drop Eases Further on Higher Gasoline Prices

By Max Sato –Hotel Fees Stop Falling Without Subsidized Discounts (MaceNews) – The recent pickup in energy markets eased downward pressure on Japanese consumer prices in March, data from the Ministry of Internal Affairs and Communication released Friday showed, but the outlook for growth and inflation remains uncertain amid a renewed spike in coronavirus infections […]