Japan June Producer Inflation Eases Slightly on Slower Lumber, Steel Gains; Fuels Pick Up Again
By Max Sato (MaceNews) – Producer inflation in Japan eased slightly in June after hitting a 41-year high in April as year-on-year gains in the costs for lumber and wood products as well as iron and steel slowed, while the prices of gasoline and other fuels picked up the pace of increase again, data released […]
White House and Other Schedules for Monday, July 11
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, JULY 11, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]
Japan May Machine Orders Dip as Expected After Sharp Gains; Capex Plans Seen Solid
–Japan Govt Keeps View After Upgrade: Machine Orders Showing Signs of Pickup By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, posted the first month-on-month drop in three months, taking a breather after sharp gains led by computer demand, but capital spending plans are expected to be […]
Analysis: After Abe’s Death, PM Kishida Still Has to Show How His New Capitalism Works for Japan
By Max Sato (MaceNews) – After Friday’s assassination of Shinzo Abe, architect of the reflationary economic policy mix dubbed Abenomics, Prime Minister Fumio Kishida has yet to show whether his “new capitalism” is a better alternative in revitalizing Japan. During the ruling party leadership election campaign last year, Kishida floated the idea of shifting from […]
White House and Other Schedules for Saturday and Sunday
WASHINGTON (MaceNews) – The following are the weekend’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JULY 9, 2022 AND SUNDAY, JULY 10, 2022 On Saturday, the President has no public events scheduled. On Sunday, the President and the […]
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 […]
News Reports: Former Japan Prime Minister Abe Shot During Speech; Japan Rocked by Incident
(MaceNews) – Former Japanese Prime Minister Shinzo Abe, known for his reflationary economic policy and nationalistic views, was shot from behind by a man in his 40s in the western prefecture of Nara on Friday, public broadcaster NHK and other news media reported. Ahead of Sunday’s upper house elections, in which the ruling coalition is […]
White House and Other Schedules for Friday, July 8
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: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JULY 8, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]
Japan May Household Spending Dips as Supply Crunch Dents Car Output, People Cooking Less
–Households Dining Out, Traveling More, Limiting Y/Y Drop in May Vs. April, March –Govt Official: Cannot Yet Say If Rising Inflation Hurting Spending; Covid, Weather Also Affect Consumers –Real Household Income Falls For 2nd Straight Month as Inflation Bites By Max Sato (MaceNews) – Japan’s real household spending unexpectedly fell on year for the third […]
White House and Other Schedules for Thursday, July 7
WASHINGTON (MaceNews) – The following are Thursday’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 FORTHURSDAY, JULY 7, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting in the […]