<strong>Preview: BOJ December Tankan Manufacturers Sentiment Seen Down Further, Services Up on Tourism Promotion</strong>
–Govt’s New Travel Discount Program Supporting Consumer Spending –Businesses Seen Cautious About Climate in March Amid Global Slowdown –Smaller Firms Expected to Continue Revising Up Combined FY22 Capex Plans By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan business survey is expected to show confidence among major manufacturers in Japan drifted lower for […]
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 […]
US Consumer Inflation Expectations Down in November from October as Gas/Food/Rent Price Expectations Retreat: NY Fed
NEW YORK (MaceNews) – US consumer inflation expectations fell back in November after bumping up in October from September, amid scaled-back expectations for gas/food/rent price rises, according to a survey from the Federal Reserve Bank of New York. The median expectation for inflation one year ahead among survey respondents eased to 5.2% in November from […]
<strong>White House and Other Schedules for Thursday, Dec 8</strong>
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, DECEMBER 8, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
<strong>White House and Other Schedules for Friday, Dec 2</strong>
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, DECEMBER 2, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
<strong>US November ISM Manufacturing Index Posts 1st Contraction Since May 2020 on Lower Orders</strong>
–ISM: Some Firms Now Using Layoffs in addition to Hiring Freezes –ISM’s Fiore Sees Index in Range of 48 to 52, around Breakeven Point of 50 –Fiore: Protests in China No Major Impact on Supply, More of Issue for US Exports –Fiore: Demand Pickup May Not Necessarily Need Lower Interest Rates By Max Sato (MaceNews) […]
<strong>White House and Other Schedules for Thursday, Dec 1</strong>
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, DECEMBER 1, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
<a href="https://craft.macenews.com/admin/entries/stories/49095-feds-powell-slower-pace-of-rate-hikes-coming-but-fed-has-more-to-do">Fed’s Powell: Slower Pace of Rate Hikes Coming, But Fed Has More To Do</a>
By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell said Wednesday the Fed will be slowing the pace of interest rate hikes as soon as the mid-December meeting of the Fed’s policymaking Federal Open Market Committee, but made clear a slowing does not mean that the FOMC will soon stop raising rates, much […]
<strong>White House and Other Schedules for Wednesday, Nov 30</strong>
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, NOVEMBER 30, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
<strong>Japan October Jobless Rate Steady at 2.6% as Tourism Hires More on Eased Border Rules, Travel Subsidies </strong>
–Fewer People Quit on Month to Seek Other Openings, More Start Looking for Work –Employment Growth Up Sharply, Posting 3rd Y/Y Straight Gain –Unemployed Marks 16th Straight Y/Y Drop; Still Above January 2020 Level By Max Sato (MaceNews) – Japanese payrolls posted third straight year-on-year growth in October while the unemployment rate was unchanged at […]