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 […]
Japan Government Upgrades View: Consumption, Jobs Leading Gradual Economic Pickup
By Max Sato (MaceNews) – Japan’s government Tuesday upgraded its economic overview for the first time in three months in July as consumption is on a clearer pickup path, led by job creation and pent-up demand, but real wages are falling amid rising inflation and the weaker yen is eroding purchasing power, according to its […]
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. […]
Japan June CPI Ticks Up Above 2% as Food, Appliance Price Hikes Spread; Energy Gains Slower 
–Core CPI +2.2% Y/Y Remains Largest in Over 13 Years If 2014 Sales Tax Hike Impact Excluded –BOJ’s Kuroda Says No Rate Hike in Cards, Japan Economy Still Needs Support–BOJ Board Revises Up CPI Forecasts But Stable 2% Inflation Still Far Ahead By Max Sato (MaceNews) – Consumer inflation in Japan ticked up above 2% […]
BOJ Kuroda Repeats No Plans for Rate Hike, Rapid Yen Drop Undesirable
By Max Sato (MaceNews) – Bank of Japan Governor Haruhiko Kuroda made it clear once again that the bank’s policymakers are “not considering raising interest rates at all” given their latest outlook that domestic inflation is unlikely to be anchored around its 2% target in the next few years. He told a post-meeting news conference […]
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 […]