White House and Other Schedules for Tuesday, April 30

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 DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, APRIL 30, 2024  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will […]

White House and Other Schedules for Thursday, April 25

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 DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, APRIL 25, 2024  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President will […]

White House and Other Schedules for Thursday, March 28

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, MARCH 28, 2024  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]

Japan Q4 GDP Revised Up to Slight Growth from 2nd Straight Contraction, Led by Capex, but Consumption Remains Weak amid High Costs 

–Upward Revision to Business Investment from Slight Drop Smaller Than Expected; Domestic Demand Still Down–Private Consumption Weaker, Private-Sector Inventories Revised Down–Net Exports Rebound Intact, Public Works Fall Revied Down as Expected–Q1 GDP Growth Seen Sluggish as Inflation Keeps Real Wages Down, Labor Shortages Linger By Max Sato (MaceNews) – Japan’s economy narrowly averted a second […]

Preview: Japan Q4 GDP to Be Revised Up to Growth from 2nd Straight Contraction After MOF Data Shows Robust Capex but Consumption Remains Sluggish  

–Q4 Growth to Be Led by Sharp Upward Revision to Business Investment from Slight Drop–Net Exports Rebound Seen Intact, Public Works May See Sharper Decline–Q1 GDP Growth Expected to Be Weaker as Inflation Keeps Real Wages Down, Labor Shortages Linger By Max Sato (MaceNews) – Japan’s economy likely averted a second straight quarterly drop in […]

Japan Govt Downgrades Its View on Economic Recovery as Consumption, Production Turn Weaker

–Japan’s Economy still Faces Downside Risks from Chinese Slowdown, High Prices, January’s Earthquake By Max Sato (MaceNews) – Japan’s government on Wednesday downgraded its overall assessment for the first time in three months, saying while the economy is recovering moderately, consumption has turned weaker amid elevated costs and production has been hit by suspended vehicle […]

Japan Q4 GDP Unexpectedly Slips for 2nd Straight Contraction, Hit by Weaker Consumption, Business Investment, Public Works Spending 

–Q4 GDP Annualized 0.4% Drop Below Median Forecast of 1.6% Growth–Consumption, Capex Both Post 3rd Straight Drop as Real Wages Keep Falling–In 2023, Japan’s Nominal GDP in Dollar Terms Falls Behind Germany’s Amid Weak Yen By Max Sato (MaceNews) – Japan’s gross domestic product for the October-December quarter unexpectedly posted a slight contraction of 0.1% […]

IMF: BOJ Should Consider Unwinding Monetary Easing Under Yield Curve Control Framework Now

IMF urges BOJ to consider ending yield curve control

–IMF: BOJ Then Should Gradually Raise Interest Rates–IMF Critical of Kishida Government’s ‘Untargeted’ Economic Stimulus Package By Max Sato (MaceNews) – The Bank of Japan should consider unwinding its large-scale monetary easing now by exiting the seven-year-old yield curve control framework, the International Monetary Fund said Friday, noting that easing in the past decade has […]