Japan Sees Rosier Consumer Sentiment While Struggling To Stop Pandemic
By Max Sato (MaceNews) – The latest surveys by the government and central bank point to a gradual pickup in consumer and business confidence in tandem with an accelerated pace of the COVID-19 vaccine rollout, but Japan is being hit by another resurgence of coronavirus cases. The government on Thursday issued a state of emergency […]
ECB Lifts Inflation Target to 2%, Willing to Tolerate Overshoot
By Laurie Laird LONDON (MaceNews) – The European Central Bank Thursday lifted its inflation target to 2% and vowed to tolerate a short-term overshoot of the target. The new target is “not a ceiling,” said ECB President Christine Lagarde, presenting the Bank’s strategy review. Previously the bank aimed for a target of close to but […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’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 FORTHURSDAY, JULY 8, 2021 In the morning, the President and the Vice President will meet with their national security team to receive a […]
FOMC Minutes: Tapering Parameters Much Discussed But Action Awaits More Data, Time
WASHINGTON (MaceNews) – The Federal Open Market mid-June meeting minutes released Wednesday afternoon highlighted the discussions around tapering to a greater degree than indicated by Fed Chair Jay Powell’s news conference and subsequent Fedspeak, yet made clear the fog of uncertainty is not expected to suggest any action until more time has produced more data. […]
Germany’s Industrial Output Unexpectedly Contracted in May; Down 0.3% From April
ZURICH (MaceNews) – Germany’s industrial production unexpectedly fell in May compared to April, falling 0.3 percent, the Federal Statistics Office (Destatis) in Wiesbaden reported. Expectations were for a 0.5 percent increase for the month, according to the median of an Econoday survey of economists’ forecasts. The April result was revised higher to a decline of […]
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, JULY 7, 2021 In the morning, the President will convene key leaders across the interagency to discuss the Biden-Harris Administration’s overall strategic […]
Germany’s Economic Outlook and Current Conditions Diverge in July: ZEW
ZURICH (MaceNews) – The economic outlook in Germany for the next six months fell more than expected in July, while current conditions improved markedly, according to the latest report from the ZEW Institute in Mannheim. The Economic Sentiment indicator which measures economic expectations for the next six months fell 16.5 points in July to 63.3, […]
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: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JULY 6, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press. In the […]
Japan May Household Spending Up Y/Y But Dips M/M on COVID Restrictions
By Max Sato (MaceNews) – Japan’s household spending continued posting a sharp gain from a year-earlier in May in reaction to the pandemic-triggered 2020 slump, but slipped from April as the government urged people to stay home and called for shorter business hours, data released Tuesday by the Ministry of Internal Affairs and Communications showed. […]
Monday Washington Schedules from Macenews
WASHINGTON (MaceNews) – The following are Monday’s federal holiday schedules for the White House, Treasury, the State Department, the Capitol and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JULY 5, 2021 On Monday, the President has no public events scheduled in observance of Independence Day. In-Town Pool Wires: AP, Reuters, BloombergWire Photos: […]