Bank of Japan December Meeting Summary: Wait to See Signs of Sustained Wage Hikes in Fiscal 2024 Before Considering Rate Hike
–Members Agree BOJ Needs to Maintain Easing to Support Positive Wages-to-Prices Cycle –A Few Members Warn Against Being Complacent about Upside Risks to Inflation By Max Sato (MaceNews) – Bank of Japan board members argued that they should wait until next spring (from March to May) to confirm whether annual labor talks will lead to […]
Italy Puts Brakes on USD-Denominated Bond Issuance for Third Straight Year
—More retail, green bonds to come —Foreign markets not key at present By Silvia Marchetti ROME (MaceNews) – Rome’s rightist government is keeping new issuance of USD-denominated bonds on hold in 2024 for a third consecutive year in light of higher yields and the euro’s weakness, according to ruling coalition sources. Italy is less keen to […]
White House and Other Schedules for Tuesday, Dec 26
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, DECEMBER 26, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]