Category: Economy

Fed Officials Pointing Toward Additional Interest Rates Hikes to Beat Inflation

By Steven K. Beckner (MaceNews) – Although the Federal Reserve declined to raise interest rates last week, a number of Fed officials have indicated a willingness to do so before year’s end. With an abundance of price, job and other economic data scheduled for release by the Dec. 8-9 meeting of the Federal Reserve’s policymaking […]

October Held On To Manufacturing’s Expansion But ISM’s Coordinator Says Imagine What Would Happen Were Iran Over

By Denny Gulino WASHINGTON (MaceNews) – The Iran War and tariffs keep U.S. manufacturers and their customers worried about the future even as the industrial expansion continues, helped by those low-cost supplier countries instead of reshoring, the coordinator of October’s ISM purchasing managers survey said Monday. The October survey itself came in close to expectations, […]

Japan Weeks Ahead: BOJ Has Cleared First Major Goal of Lifting Near Zero Inflation to around 2% But Still Needs to Anchor Price Rises amid Upward Pressure from High Energy, Import Costs

–Q3 GDP Forecast to Be Nearly Flat with Slight Growth as Bad Weather Dampened Consumer Spending, Net Exports Likely Posted Technical Slip After Q2 Import Plunge By Max Sato (MaceNews) – Bank of Japan policymakers have declared that the bank’s goal set more than a decade ago to lift near zero inflation to a stable […]

Japan Government Keeps Gradual Economic Recovery Outlook, Continues to Warn about Inflationary Impact of Lingering Mideast Conflict

–Government Upgrades Its View on Business Sentiment After Upbeat Q3 Tankan Survey, Downgrades Assessment of Exports Amid Sliding Volumes By Max Sato (MaceNews) – Japan’s government continues to see a moderate economic recovery ahead and repeated its warning about the lingering Mideast conflict that has kept global energy and transportation costs high. In its monthly […]