BOJ July Meeting Summary: Sustained Wage Hikes, Flexible Use of Yield Curve Control Framework Key to Achieving 2% Inflation Target
–Ensuring Small Firms’ Health Also Important in Sustained Growth, Price Stability By Max Sato (MaceNews) – Bank of Japan board members stressed that substantial wage hikes must continue beyond his fiscal year and the bank’s yield curve control framework needs to become more flexible to achieve stable 2% inflation, according to the summary of […]
White House and Other Schedules for Friday, Aug 4
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 SCHEDULEFOR FRIDAY, AUGUST 4, 2023 In the morning, the President and the First Lady will depart Rehoboth Beach, Delaware en route to […]
White House and Other Schedules for Thursday, Aug 3
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 SCHEDULEFOR THURSDAY, AUGUST 3, 2023 The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, […]
White House and Other Schedules for Wednesday, Aug 2
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 SCHEDULEFOR WEDNESDAY, AUGUST 2, 2023 The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, […]
White House and Other Schedules for Tuesday, Aug 1
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 SCHEDULEFOR TUESDAY, AUGUST 1, 2023 The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, […]
White House and Other Schedules for Monday, July 31
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: DAILY GUIDANCE AND PRESS SCHEDULEFOR MONDAY, JULY 31, 2023 The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, […]
White House and Other Schedules for Friday, July 28
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, JULY 28, 2023 In the morning, the President will receive the President’s Daily Briefing. This meeting will be closed […]
BOJ Keeps Basic Easing Stance to Seek Stable 2% Inflation, Wage Growth but Makes 10-Year Yield Reference Range More Flexible
–BOJ Repeats: To Patiently Continue with Easing while Nimbly Responding to Developments in Economic Activity, Prices, Financial Conditions By Max Sato (MaceNews) – The Bank of Japan said Friday its policy board decided unanimously to maintain its monetary easing stance, keeping its zero to slightly negative interest rate targets along the yield curve as well […]
White House and Other Schedules for Thursday, July 27
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, JULY 27, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
FOMC Resumes Rate Hikes as Powell Hints at Higher Rates To Come
– Ups Funds Rate 25 Bp to 5.25-5.5%; ‘Extent of Additional Policy Firming’ Referenced – Powell: FOMC Could Hike Again in September or Keep ‘Steady’ Depending on Data – Powell Rules Out 2023 Rate Cuts – FOMC Repeats ‘Inflation Remains Elevated’ – FOMC Repeats Bank Credit Tightening to Weigh on Firms and Households By Steven […]