FOMC Minutes: Officials Eyed ‘Downside’ Growth Risks, ‘Upside’ Inflation Risks
– Policy Focus Remained on Curbing Inflation, But ‘Many’ Warned of Overdoing It – No Clear Signal from Minutes On Size of Sept. 21 Rate Hike By Steven K. Beckner (MaceNews) – Federal Reserve officials continued to tilt toward a tighter monetary policy at their late July Federal Open Market Committee meeting, but while they […]
Japan June Machine Orders Post Modest Rise, Rebound Sharply in April-June
–Japan Capex Demand Seen Solid, as Seen in Q2 GDP Growth–Japan Govt Keeps View: Machine Orders Showing Signs of Pickup By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, rebounded slightly in June, reflecting a cautious sentiment against the backdrop of solid needs to upgrade computer networks, […]