<strong>Japan December Tokyo Core CPI Up Above-Forecast 4.0% Y/Y, Sets Another 40-Year High on Widespread Markups</strong>
–Total CPI Also Jumps 4.0% Y/Y, Highest in 41 Years With or Without Effects of 2014, 1997 Sales Tax Hikes –Narrow CPI (Ex-Fresh Food, Energy) +2.7%, 30-Year High, As Expected By Max Sato (MaceNews) – Consumer prices in Tokyo, the leading indicator of the national average, continued rising at the fastest pace in decades in […]
<strong>Japan November Household Spending Sluggish Amid Surging Costs for Daily Necessities, Mild Weather </strong>
–Govt Official: Household Spending Trend Flat If Special Factors Excluded –Spending on Hotels, Transport Stays Above Year-Earlier Levels –Real Household Income Dips but at Slower Pace; Real Wages Down Amid Retail Price Markups By Max Sato (MaceNews) – Japan’s real household spending was sluggish both on the month and year in November as many families […]
US Consumer Near-Term Inflation Expectations Down in December; Spending Plans Fall
NEW YORK (MaceNews) – US consumer inflation expectations were mixed in December with short-term expectations down while medium term expectations were flat, and long-term expectations rose, according to a survey from the Federal Reserve Bank of New York. Expectations for household income rose but spending growth plans dropped, and concern about possible job losses increased […]
<strong>White House and Other Schedules for Monday, Jan 9</strong>
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE FORMONDAY, JANUARY 9, 2023 – TUESDAY, JANUARY 10, 2023 Monday, January 9, 2023 In the afternoon, the President and the First Lady will participate in […]