Analysis: Bank of Japan Cautious About Lifting Negative Short-Term Rate Target Until Confirming Path to Higher Wages in April
By Max Sato (MaceNews) – Bank of Japan policymakers are expected to maintain the current easing stance for now as they are likely to refrain from raising interest rates at least until April, when they may be able to see a clearer sign that wages will continue rising substantially in the next fiscal year. In […]
White House and Other Schedules for Wednesday, Dec 13
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, DECEMBER 13, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, […]
BOJ December Quarter Tankan: Major Manufacturers’ Sentiment Posts 3rd Straight Rise on Improved Supply Chains but Outlook Cautious on High Costs, Labor Shortages
–Major Non-Manufacturers’ Confidence Up for 7th Straight Quarter –Many Sectors Expect Pullback in March in Payback for Recent Improvement –Large Firms’ Combined Fiscal 2023 Capex Plans Revised Down Only Slightly; Small Firms Raise Theirs Further By Max Sato (MaceNews) – Confidence among manufacturers and non-manufacturers in Japan all picked up more than expected in December […]
White House and Other Schedules for Tuesday, Dec 12
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, DECEMBER 12, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, […]
White House and Other Schedules for Monday, Dec 11
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: President Biden returned to the White House from California at 9:26p ET Sunday night. He travels to Philadelphia Monday to deliver remarks on a public […]
Preview: BOJ December Tankan to Show Major Manufacturer Sentiment Up for 3rd Straight Quarter on Improved Supply Chains, Lower Import Costs
–Major Non-Manufacturer Confidence Seen Unchanged; Inbound Spending High but Labor Shortages Bite –Firms in Many Sectors Likely to Be Wary of Near-Term Outlook Amid Slowing Global Growth –Large Firms Seen Revising Down Fiscal 2023 Capex Plans; Small Firms to Raise Theirs Further By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan business survey […]
White House and Other Schedules for Friday, Dec 8
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, DECEMBER 8, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
White House and Other Schedules for Thursday, Dec 7
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, DECEMBER 7, 2023 In the afternoon, the President will receive the President’s Daily Brief. This meeting in the Oval Office […]
Bank of Canada Keeps Policy Rate at 22-Year High of 5% as Past Rate Hikes Slowing Spending, Relieving Price Pressures
–Governing Council Still Concerned About Inflationary Risks, Remains Prepared to Raise Policy Rate Further if Needed By Max Sato (MaceNews) – The Bank of Canada on Wednesday maintained its policy interest rate — the target for overnight lending rates — at a 22-year high of 5.0% for the third straight meeting, as expected, after the […]
White House and Other Schedules for Wednesday, Dec 6
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, DECEMBER 6, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]