<strong>Japan Q3 GDP Contraction Shrinks on Inventory Rise, Smaller Net Export Drop</strong>
–After Annual Revisions, Economy Has Now Slipped Every Other Quarter Since Q1 2021 –Consumption Slower but Resilient Despite Covid Spike at Peak of Summer –Capex Demand for FY22 Solid Amid Digital, Green Transformations –Q4 GDP May Rebound on Fiscal Support but Global Uncertainties Remain By Max Sato (MaceNews) – Japan’s gradual economic recovery led by […]
Bank of Canada Lifts Key Rate by 50 Bps to 4.25%, Signals End of Aggressive Tightening
–BOC: Governing Council to Mull If Rates Need to Rise Further Vs. Oct. View Rates Need to Rise Further –BOC Repeats: Canadian Economy in Excess Demand, Labor Markets Tight –BOC: Inflation Too High; 3-Month Core Measures Indicate Easing Price Pressures By Max Sato (MaceNews) – The Bank of Canada on Wednesday raised its policy interest […]
<strong>White House and Other Schedules for Wednesday, Dec 7</strong>
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, DECEMBER 7, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town […]