Japan Jan Household Spending Plunges As Govt Urges Restrictions To Fight Pandemic
By Max Sato (MaceNews) – Japan’s household spending posted a sharper-than-expected drop in January as the government called for restricted economic activity to slow the spread of the pandemic, data released Friday by the Ministry of Internal Affairs and Communications showed. Expenditures on eating out and traveling are estimated to have remained weak for the […]
Monday Washington Schedules From MaceNews
WASHINGTON (MaceNews) – The following are Monday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, MARCH 8, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval […]
Saturday/Sunday Washington Schedules From MaceNews
WASHINGTON (MaceNews) – The following are Saturday and Sunday public schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, MARCH 6, 2021 AND SUNDAY, MARCH 7, 2021 On Saturday and Sunday, the President has no public events scheduled. Saturday’s In-Town PoolWires: AP, Reuters, […]
US Data Preview: Inflation Week – CPI/PPI and Credit Mkt Gonzo Watch
WASHINGTON (MaceNews) – Too bad that on the upcoming week’s schedule there’s not another Jay Powell “cross my heart and hope to die” pledge he’s NOT reconsidering policy any time soon, embracing “Op Twist” or otherwise dismantling the Federal Open Market Committee, triggering another jittery freak-out among non-believers. Failing that, the news watch will have […]
Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, MARCH 5, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval […]
Re OPEC+, ‘Prudence’ is Watchword as Production Limits Mostly Left in Place
By Brai Odion-Esene, SW4 Insights for Mace News WASHINGTON (MaceNews) – Major oil-producing countries Thursday voted to maintain limits on their collective output levels for another month, arguing that the still-cloudy global economic outlook requires a prudent approach. “The Meeting recognized the recent improvement in the market sentiment by the acceptance and the rollout of […]
Russia, Saudi Arabia Counsel Caution; Point OPEC+ to Maintaining Production Limits
By Brai Odion-Esene, SW4 Insights for Mace News WASHINGTON (MaceNews) – The oil market might have bounced back and stabilized following the tumult of Spring 2020, when the onset of the COVID-19 pandemic put the global economy in a coma and crushed energy demand, but that doesn’t mean major oil producing countries should rush to […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, MARCH 4, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval […]
Fed’s Beige Book Survey Blurry, Sees Slow Improvement in Jobs; No Sharp Rebound
–Consumer Spending, Auto Sales ‘Mixed’ WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book released Wednesday found nooks and crannies of subdued progress across the country but no sharp generalized rebound under way. “Economy activity expanded modestly” in the past six weeks, the Atlanta Fed said in characterizing the views of business executives even as economic […]
Chicago Fed’s Evans Sees Strong Economic Rebound in 2021
— Says Fed will continue to do asset purchases across the Treasury curve in current economic environment— Evans watching 10-year yield as an bellwether; accommodative monetary appropriate— Evans sees U.S. stimulus package as a positive, notes consumer spending strong— Says current unemployment rate masks those who cannot return to work, but still sees economy strongly […]