Fed’s Waller: Another ‘Hot’ Core Inflation Reading May Force ‘Near Term’ Rate Hike
– Inflation And Monetary Policy Are ‘At A Crossroads’ – Economy Solid’, Employment ‘Stable’; So, Focus Must Be on 2% Inflation Target By Steven K. Beckner (MaceNews) – On the eve of a critical inflation report, Federal Reserve Governor Christopher Waller declared Monday that a bad reading could necessitate an early Fed interest rate hike. […]
Japan Week Ahead: Markets Continue to Expect BOJ Rate Hike Toward Yearend after Tankan Business Survey, Branch Managers Report Points to Resilient Economy amid Mideast Uncertainty
–May Machinery Orders Set for Pullback after April Surge but Strong Demand for Computers, AI-Linked Equipment Seen Intact By Max Sato (MaceNews) – Bank of Japan policymakers have received evidence this month that the domestic economy has been resilient, overcoming high fuel costs and material shortages triggered by the Middle East conflict amid the global […]
FOMC Minutes: Alternative Scenarios Showed Potential Rate Hikes Or Cuts
– Most Agree ‘Some Policy Firming’ Needed if Inflation Elevated, Employment Stable – ‘Almost All’ Agree Cut Rates ‘Eventually’ if Inflation ‘Dissipates,’ Returns to 2% – ‘A Few’ Made Case For Rate Hike, But Not Immediately By Steven K. Beckner (MaceNews) – With Kevin Warsh chairing the Federal Open Market Committee for the first time […]
Preview: Forecasters See Japan PPI Up to 6.6% Rise in June from Year Ago
Friday, July 10, 2026 0850 JST (2350 GMT/1950 EDT Thursday, July 9) The Bank of Japan releases the June corporate goods price index.Mace News median: CGPI +6.6% y/y (range: +6.4% to +7.2%) vs. May +6.3%; +0.2% m/m (range: +0.0% to +0.7%) vs. May +0.9% By Chikafumi Hodo TOKYO (MaceNews) – Japan’s producer inflation, measured by […]
US ISM Services Sector Growth Slower in June but Marks 2 Years of Expansion as Easing Energy Costs, Lower Inventories Indicate Stabilizing Supply Chains
–ISM’s Miller: Inflationary Pressures from Fuel Prices Expected to Continue Easing but Prices Index Still Elevated By Max Sato (MaceNews) – U.S. services sector expansion slowed slightly in June after accelerating in May but remained in growth territory for two years in a row, with easing in energy prices and a pullback in inventories pointing […]
Preview: Forecasters See Japan Household Spending Continuing to Pull Back in May Report
Tuesday, July 70830 JST (2330 GMT/1930 EDT Monday, July 6) The Ministry of Internal Affairs and Communications releases May household spending.Mace News median forecasts: -2.3% y/y (range: -2.6% to +0.3%) vs. Apr -0.5%; +1.9% m/m (range: +1.2% to +2.5%) vs. Apr +1.6% By Chikafumi Hodo TOKYO (MaceNews) – Japan’s real average household spending is expected […]
Japan Week Ahead: Yen’s Weakness Persists, Keeping Imports Expensive, Producer Costs High Despite Recent Easing in Global Crude Oil Prices
–BOJ Set to Continue Raising Policy Rate but U.S.-Japan Rate Gap Remains Wide, Exerting Downward Pressure on Yen Vs. Dollar By Max Sato (MaceNews) – The depreciation of the yen has lingered on expectations that the U.S. Federal Reserve will have to raise interest rates by the end of the year to rein in inflation […]
US ISM Manufacturing PMI Expands for 6th Straight Month in June but at Slower Pace as New Orders, Production Take Breather after Rising in May
–ISM’s Spence: Not Much Stockpiling During Iran War as Seen in Early Days of High US Tariffs Slapped Last Year–Spence: Still Cautious about 2026 Outlook but June, Semiannual Reports Indicate Optimism Among Firms By Max Sato (MaceNews) – U.S. manufacturing activity expanded for the sixth straight month in June but at a slower pace than […]
Japan Government Keeps Gradual Economic Recovery View as Global Energy Prices Have Eased, Consumer Sentiment Has Picked Up from Recent Bottom
–Government Also Warns Mideast Conflict Has Triggered a Spike in Producer, Import Costs By Max Sato (MaceNews) – Japan’s government continues to predict that the economy will stay on a gradual recovery track, noting that its fuel subsidies and free high school education are helping ease inflation and hot weather is lifting consumer sentiment, but it also […]
Japan Week Ahead: BOJ June Quarter Tankan Business Survey to Show Mideast Conflict Dented Confidence Slightly, Pushed Up Costs for Many Sectors
–Hot Weather, Rising Stock Markets Seen Lifting Retail Sales in May, Job Creation Continues, Factory Output to Extend Monthly Gain on Export Demand By Max Sato (MaceNews) – The tentative U.S.-Iran peace agreement has led crude oil prices lower to pre-war levels, calming jitters among policymakers and investors, but Japanese households and businesses will still […]