Japan Weekahead: BOJ Board Member Speaks After 7-to-2 Vote for No Change in Policy Rate at October Meeting; Producer Inflation Seen Easing Slightly
By Max Sato (MaceNews) – Here are the key Japanese economic events for the coming week. There is no major movement on the political front. Producer inflation is expected to show some signs of more stability in the October report, which may have an easing effect on consumer inflation in about six months. The core […]
Conservative Ruling Party Leader Takaichi Elected Japan’s First Woman Prime Minister, Picks Former MOF Official Katayama as Finance Minister
By Chikafumi Hodo TOKYO (MaceNews) – Japan’s ruling Liberal Democratic Party leader Sanae Takaichi was sworn in as the country’s first woman prime minister on Tuesday, shifting the gear to the right on the political spectrum and inheriting the decades-old task to achieve economic growth that comes with sustained wage hikes and stable inflation. Takaichi, […]
Japan Weekahead: BOJ Board Member Who Called for September Rate Hike Speaks amid Elevated Inflation, Sluggish External Demand
– Diet to Elect Prime Minister after ruling LDP Lost its Small Coalition Partner By Max Sato (MaceNews) – Here are the key Japanese economic and political events for the coming week. Ahead of the Bank of Japan’s policy meeting on Oct. 29-30, one of the two board members who have called for a further […]
Japan LDP Leader Takaichi’s Premiership Prospects in Limbo After Sudden Exit of Coalition Partner, Stirring Market Uncertainty
By Chikafumi Hodo TOKYO (MaceNews) – Sanae Takaichi, who became the Liberal Democratic Party’s first female leader in early October, is facing a critical moment after the abrupt departure of its long-time coalition partner, Komeito, ending more than a quarter-century of alliance. The unexpected breakup could heighten volatility in Japanese stocks, government bonds and currency […]
Japan Weekahead: New Ruling Party Leader Takaichi to Set Policy Agenda, Seek Close Contact Between Government and Central Bank
— Bank of Japan Releases Quarterly Regional Economic Report, Survey on Consumer Sentiment, Inflation Outlook By Max Sato (MaceNews) – Here are the key Japanese economic and political events for the coming week. Now that the ruling conservative Liberal Democratic Party has elected its new leader, Sanae Takaichi, the focus is on what economic and […]
Japan Weekahead: Ruling, Opposition Parties Gear Up for October Snap Elections Widely Expected after Conservative LDP Picks Leader
–Bank of Japan to Stand Pat amid Political Storm Following PM Ishiba’s Resignation, Board Monitors Trump Tariff Impact on Q3 Data–August Data to Highlight Tariff Impact: Japan Carmakers’ Discount Strategy Keeps Their US Market Share but Depresses Export Values–Core CPI to Ease Below 3% on Summer Fuel Subsidies, Yen’s Relative Strength Vs. Slump in Early […]
Japan Week Ahead: MOF Quarterly Business Survey to Provide Clues to Supply-Side Capex, Inventories in Revised Q2 GDP
–Consumption Appears to Have Made Resilient but Lackluster Start to Q3 By Max Sato (MaceNews) – Here are the key Japanese economic events for the coming week. – Monday, Sept. 1 0850 JST (2350 GMT/1950 EDT Thursday, Aug) The Ministry of Finance releases the Financial Statements Statistics of Corporations by Industry for the April-June quarter […]
Japan Still Sees Gradual Economic Recovery but Warns Some Uncertainty over Trade Deals lingers, Downgrading Its View on Exporter Profits
By Max Sato (MaceNews) – Japan’s government continues to believe that the domestic economy is expected stay on a “modest recovery” track after top negotiators from Tokyo and Washington have worked out some details of their bilateral trade deal reached last month but also warned that uncertainty over global growth is here to stay for […]
Japan Weekahead: PM Ishiba’s Fate Up in the Air After His Minority Government Suffers Setback in Upper House Election; BOJ to Stand Pat as Trade Rows Cloud Growth Outlook
–June Industrial Output Seen Flat, Retail Sales Sluggish, Setting Soft Tone for Q2 GDP Due August 15–June Jobless Rate to Remain Low and Stable at 2.5%, Job Creation Continues for Nearly 3 Years amid Labor Shortages By Max Sato (MaceNews) – Here are the key Japanese economic and political events for the coming week. Prime […]
Preview: Bank of Japan to Keep 0.5% Policy Rate for 4th Straight Meeting in Gradual Tightening Process
–Trump Tariffs Cloud Growth Outlook Despite Bilateral Trade Accord By Max Sato (MaceNews) – The Bank of Japan’s nine-member board is widely expected to vote unanimously to maintain the target for the overnight interest rate at 0.5% for the fourth straight time at its meeting on July 30-31 amid uncertainty over trade conflicts and geopolitical […]