White House and Other Schedules for Thursday, Jan 12
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, JANUARY 12, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the […]
<strong>Japan December Tokyo Core CPI Up Above-Forecast 4.0% Y/Y, Sets Another 40-Year High on Widespread Markups</strong>
–Total CPI Also Jumps 4.0% Y/Y, Highest in 41 Years With or Without Effects of 2014, 1997 Sales Tax Hikes –Narrow CPI (Ex-Fresh Food, Energy) +2.7%, 30-Year High, As Expected By Max Sato (MaceNews) – Consumer prices in Tokyo, the leading indicator of the national average, continued rising at the fastest pace in decades in […]
<strong>Japan November Core CPI Up 3.7% Y/Y, 41-Year High, on Widespread Processed Food Markups, Elevated Utility Costs </strong>
–Processed Food Largest Inflation Factor; Energy’s Contribution Shrinks Further on Lower Gasoline –Core CPI (Ex-Fresh Food) Y/Y Rise Highest Since +4.0% in December 1981 –Core-Core CPI (Ex-Fresh Food, Energy) +2.8% Y/Y, 30-Year High, Matching +2.8% in April 1992 –Total CPI +3.8% Y/Y, Nearly 32-Year High; Largest Since +4.0% in January 1991 By Max Sato (MaceNews) […]
BofA Global Research Fund Manager Survey: Investors Less Pessimistic About 2023 Prospects
— Inflation Expected to Decline — First Bond Overweight Since April 2009 By Vicki Schmelzer NEW YORK (MaceNews) – Global investors polled at year-end were decidedly less pessimistic about 2023 prospects especially for inflation, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. In December, a net 68% of managers […]
<strong>White House and Other Schedules for Tuesday, Dec 13</strong>
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, DECEMBER 13, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
<strong>Japan November Tokyo Core CPI Up 3.6% Y/Y, New 40-Year High on Rising Processed Food Costs </strong>
–Total CPI +3.8% Y/Y Highest in 32 Years With or Without Effects of 2014, 1997 Sales Tax Hikes –Narrow CPI (Ex-Fresh Food, Energy) +2.5% Remain 31-Year High –Processed Food Price Rise Largest Factor as Overall Energy Moderates By Max Sato (MaceNews) – Consumer prices in Tokyo, the leading indicator of the national average, continued their […]
<strong>Japan October Core CPI Surges 3.6% Y/Y to Hit 40-Year High on Food Markups, Mobile Communications Fee Rebound </strong>
–Processed Food Now Largest Inflation Factor as Energy’s Contribution Shrinks –Core CPI (Ex-Fresh Food) Y/Y Rise Highest Since +3.6% in February 1982 With or Without Sales Tax Hike Impact –Core-Core CPI (Ex-Fresh Food, Energy) +2.5% Y/Y, 30-Year High Excluding Impact of 2014, 1997 Sales Tax Hikes –Total CPI Jumps 3.7% Y/Y, 31-Year High Excluding Effects […]
US Consumer Inflation Expectations, Unemployment Worries Rise in October, NY Fed Reports
NEW YORK (MaceNews) – US consumer inflation expectations bumped up in October from September, paced by much higher expected gas prices, according to a survey from the Federal Reserve Bank of New York. The median expectation for inflation one year ahead among survey respondents rose to 5.94% in October from 5.44% in September and 5.75% […]
Japan October Tokyo Core CPI Surges to 40-Year High of 3.4% as Widespread Markups Continue 
–Total CPI +3.5%, Narrow CPI (Ex-Fresh Food, Energy) +2.2% for 3-Deacde Highs By Max Sato (MaceNews) – Consumer prices in Tokyo, the leading indicator of the national average, surged in all three key measures, with the core CPI annual rate hitting a 40-year high of 3.4%, as processed food and natural gas suppliers continued passing […]
Japan September Core CPI Hits 3% on Widespread Markups but BOJ Easing Seen in Place
–High Energy Costs Remain Largest Contributor, Processed Food Catching Up –Core CPI (Ex-Fresh Food) +3.0% Y/Y 31-Year High Excluding 2014, 1997 Sales Tax Hikes Impact–Narrow CPI (Ex-Fresh Food, Energy) +1.8% Y/Y, Close to BOJ’s 2% Inflation Target By Max Sato (MaceNews) – Consumer inflation in Japan continued its relentless upward march in September, reflecting high […]