Japan Government Upgrades View: Consumption, Jobs Leading Gradual Economic Pickup
By Max Sato (MaceNews) – Japan’s government Tuesday upgraded its economic overview for the first time in three months in July as consumption is on a clearer pickup path, led by job creation and pent-up demand, but real wages are falling amid rising inflation and the weaker yen is eroding purchasing power, according to its […]
Japan June CPI Ticks Up Above 2% as Food, Appliance Price Hikes Spread; Energy Gains Slower 
–Core CPI +2.2% Y/Y Remains Largest in Over 13 Years If 2014 Sales Tax Hike Impact Excluded –BOJ’s Kuroda Says No Rate Hike in Cards, Japan Economy Still Needs Support–BOJ Board Revises Up CPI Forecasts But Stable 2% Inflation Still Far Ahead By Max Sato (MaceNews) – Consumer inflation in Japan ticked up above 2% […]
White House and Other Schedules for Wednesday, July 13
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FOR ISRAEL AND THE WEST BANK Wednesday, July 13, 2022 In the afternoon, the President will arrive in Tel Aviv, Israel […]
BOI’s Visco: Second Rate Hike in September ‘Appropriate’ if Long-Term Inflation Forecasts Do Not Improve
ROME (MaceNews) – Bank of Italy Governor Ignazio Visco said on Friday that a second rate hike in September by the European Central Bank could be “appropriate” if long-term inflation forecasts do not improve. Talking at Italy’s annual banking lobby ABI conference, Visco argued, however, that monetary policy normalization, particularly including any additional rate hikes […]
Japan June Tokyo CPI Y/Y Rise Stays Above 2% but BOJ Keeps Easing Stance 
–Energy, Food Prices Lead Inflation; BOJ Sees Impact of Commodity Prices Spike Fading in FY23 –Gasoline Price Markups Smaller on Govt Subsidies; Utilities Costs High but Also Easing By Max Sato (MaceNews) – The year-on-year rise in consumer prices in Tokyo, the leading indicator of the national average, continued edging up above the Bank of […]
Japan May CPI Annual Rate Remains Above 2% on Fuels, Food, Appliances
By Max Sato –Core CPI +2.1% Y/Y for May, April Largest in Over 13 Years If 2014 Sales Tax Hike Impact Excluded–Total CPI +2.4% Y/Y for May, April Largest in Over 30 Years Excluding Impact of 2014, 1997 Sales Tax Hikes–Pace of Energy Price Rise Slower; Household Durable Goods Prices on Uptrend (MaceNews) – Consumer […]
White House and Other Schedules for Friday, June 10
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: Friday, June 10, 2022 The President will deliver remarks at the Port of Los Angeles. The President will host a leaders retreat and working luncheon with heads of state […]
White House and Other Schedules for Monday, June 6
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 6, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town Pool Wires: AP, […]
Japan May Tokyo CPI Y/Y Rise Around BOJ’s 2% Target but FY22 Uptick Seen Temporary
–May Tokyo CPI Annual Rate Highest in Nearly 3 Decades Excluding 2014, 1997 Sales Tax Hike Impact–Energy, Food Prices Lead Inflation; BOJ Sees Impact of Commodity Market Spike Fading in FY23–Gasoline Price Markups Smaller on Govt Subsidies; Utilities Costs High but Also Easing By Max Sato (MaceNews) – The year-on-year rise in consumer prices in […]
Japan April CPI Jumps as Mobile Phone Fee Discount Effects Fade; Energy, Food Up
–Core CPI +2.1% Y/Y Largest in Over 13 Years If 2014 Sales Tax Hike Impact Excluded–Total CPI +2.5% Y/Y Largest in Over 30 Years Excluding Impact of 2014, 1997 Sales Tax Hikes–Energy Costs High but Easing; Household Durable Goods Prices Post 1st Y/Y Rise in 6 Months By Max Sato (MaceNews) – Consumer prices in […]