MaceNewsViews – Commentary: Nihilism’s Dream – The US Defaults
By Denny Gulino WASHINGTON (MaceNews) – Those knowing think pieces and Op-Eds by veteran graybeards, scoffing at the super-hyped headlines about the dangers of a pending debt-limit impasse, should be reassuring. They’ve seen it all before, the six dozen or more times Congress allows the nation’s Treasury to start borrowing again, often at the last […]
BOJ Keeps Easing Stance, Sees Resilient Japan Economic Pickup Amid Pandemic
By Max Sato (MaceNews) – The Bank of Japan said Wednesday it is maintaining its stimulative policy, as expected, to support a gradual recovery from the pandemic-caused slump and continue its eight-year-old campaign to guide low inflation toward stable 2%. The central bank largely left its view on Japan’s resilient economic pickup amid the pandemic […]
Japan July Core CPI Posts 12th Straight Monthly Y/Y Drop Under 2020 Base Year
— Total CPI Marks 10th Straight Y/Y Fall, Also Reversing Slight Pickup — July’s Y/Y Declines in All Major CPI Measures Decelerate from June — Higher Energy, Some Food, Appliances Costs Ease Mobile Phone Downward Pressure By Max Sato (MaceNews) – Japan’s core consumer prices reversed recent modest gains backed by higher energy costs, posting […]
Japan Economic Sentiment Clouded by COVID Infection Spike; Inflation Pickup Slow
By Max Sato (MaceNews) – Japanese sentiment picked up slightly in July, thanks to a four-day weekend created for the Tokyo Olympics, but the uncertainty over the economic outlook grew amid a surge in cases caused by the more infectious Delta variant and public frustration over the government’s response to the pandemic, including the slow […]