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 […]
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 […]
Fed Chair Warsh Announces One Less FOMC Vote On Rates Next Year; Otherwise ‘Uncertainty’
By Denny Gulino WASHINGTON (MaceNews) – While continuing to abstain from forward guidance, Federal Reserve Chair Kevin Warsh did drop some news on the markets after the Open Market Committee held tight on rates as expected. saying next year there will be one fewer FOMC rate setting sessions. Devoting one FOMC meeting, he said, “for […]
FOMC Holds Tight as Expected Prior to Mid-Term Elections; Two Dissents in Favor of Rate Hike
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday confirmed expectations for no change in the 3.75% to 4% federal funds rate, with two voters registering dissents in favor of a quarter point rate hike. The policy statement follows: The Federal Open Market Committee approved the following statement for release by a 10 – 2 […]
Preview: Forecasters See Tokyo CPI Staying Well above BOJ’s 2% Target in October
Consensus outlook for Mace NewsFriday, October 30, 2026 0830 JST (2330 GMT/1930 EDT Thursday, October 29) The Ministry of Internal Affairs and Communications releases October Tokyo CPI.Mace News median: total CPI +2.7% y/y (range: +2.4% to +2.9%) vs. Sept +2.7%; core CPI (ex-fresh food) +2.7% (range: +2.4% to +2.8%) vs. Sept +2.7%; core-core CPI (ex-fresh […]
Japan Week Ahead: BOJ Set to Leave Policy Rate at 1.25% as Its Mission Shifts from Normalizing Super-Low Rates to Keeping Underlying Inflation from Overshooting 2% Target
–October Tokyo CPI Inflation Expected to Remain Close to 3% as Metropolitan Government’s Summer Water Subsidies End, Base Effect of Free Daycare Servies Wanes –September Factory Output Seen Posting Modest Rebound on Global AI Projects, Auto Recovery; Retail Sales Boosted by Cooler Weather, Holiday Streak By Max Sato (MaceNews) – Bank of Japan Governor […]
Japan Week Ahead: BOJ Policymakers Set for More Rate Hikes While Prime Minister Takaichi in Rough Seas Seeking Temporary Sales Tax Cut on Food
–September Trade Data to Show Resilient Exports, Consumer Inflation Seen Rising Above BOJ’s 2% Target By Max Sato (MaceNews) – The Bank of Japan is on course toward lifting the short-term interest rate further to ensure it is clearly in a neutral zone – its original aim under the normalization process launched three years ago […]
Warsh Reaffirms ‘Will Deliver Price Stability;’ Cagey On Fed’s Next Move
– Won’t Prejudge Outcome Of Late October FOMC Meeting – ‘Discouraging’ Inflation Reports Change Some Attitudes Toward Tightening By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Kevin Warsh reaffirmed the Fed’s commitment to “deliver price stability” late Thursday in Bangkok, but refused to give any guidance as to what further actions he and his […]
Japan Week Ahead: BOJ Policymakers to Digest More Q3 Data Before Their Oct. 29-30 Meeting; Board Widely Expected to Hold Rates Steady Until December or January
–September Producer Inflation Forecast to Remain Elevated Above 7%, August Machinery Orders Expected to Rebound amid Solid Capex Demand By Max Sato (MaceNews) – Ahead of their Oct. 29-30 meeting, Bank of Japan policymakers will get to see more data for the third quarter that is set to show resilient exports and elevated costs for […]
Fed Officials Moving Toward Higher Interest Rates but Not Necessarily Soon
– Waller: FOMC Has ‘Flexibility’; No Need To Hike at Consecutive Meetings – Musalem: Rates Need to Go Higher to Curb Inflation ‘In Timely Manner’ By Steven K. Beckner (MaceNews) – Federal Reserve officials have continued this week to lean decidedly toward further tightening of U.S. monetary policy but have given themselves leeway as to […]