Japan December Producer Inflation Eases Further to Zero from November’s 0.3% as Subsidies Cut Utility Costs, Global Demand for Lumber, Steel Remains Soft
–December’s Flat Annual Rate Remains Lowest Since 0.9% Drop in February 2021 –Producer Prices Up 0.3% M/M on Higher Prices for Fuels, Electronic Parts/Devices, Farm Produce By Max Sato (MaceNews) – Producer inflation in Japan moderated for the 12th straight month to post zero growth on year in December, following 33 months of increase including […]
Bank of Canada Q4 Survey: Business Outlook Indicator Posts 1st Rise in 8 Quarters but High Prices, Wage Growth Seen Hindering Quick Return to 2% Inflation Target
–Firms’ Inflation Expectations Slowly Trending Down but Above 3% Over Next 2 Years–Consumers’ Near-Term Inflation Outlook Little Changed Around 4% –Businesses, Households Concerned about Economic Outlook Amid High Borrowing Costs By Max Sato Sentiment among companies in Canada picked up slightly in October-December for the first rise in eight quarters amid slowly easing labor shortages […]
White House and Other Schedules for Monday, Jan 15
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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, JANUARY 15, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]