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% […]
BOJ Kuroda Repeats No Plans for Rate Hike, Rapid Yen Drop Undesirable
By Max Sato (MaceNews) – Bank of Japan Governor Haruhiko Kuroda made it clear once again that the bank’s policymakers are “not considering raising interest rates at all” given their latest outlook that domestic inflation is unlikely to be anchored around its 2% target in the next few years. He told a post-meeting news conference […]
BOJ Keeps Easing Stance; Revises Up CPI Forecast, Sees Slower FY22 GDP Growth
By Max Sato (MaceNews) – The Bank of Japan said Thursday it is maintaining its super-low interest rate targets along the yield curve and large asset purchases, as expected, to help the economy fully recover from the pandemic-caused slump and anchor inflation around its stable 2% target. To keep speculative market forces from pushing the […]
Japan June Exports Hit Record High, Shipments to China Rebound After Covid Lockdown
–Exports Hit Fresh Record High on Reopening Demand, Rising Costs –Imports Mark 4th Straight Month of Record High amid High Oil and Gas Prices –In 1H 2022, Exports, Imports Reach All-Time Highs, Trade Deficit Largest By Max Sato (MaceNews) – Solid reopening demand for mineral fuels, iron and steel, and semiconductors led Japanese export values […]
Super Mario Fails; Italy’s Government On Verge of Collapse As Country Prepares for an Early Vote
By Silvia Marchetti ROME (MaceNews) – Italy’s premier Mario Draghi lost the support of his ruling coalition on Wednesday during a key vote of confidence at the Senate and is expected to resign, paving the way to an early vote and to months of paralysis. Even though Draghi did win the vote of confidence with […]
White House and Other Schedules for Wednesday, July 20
WASHINGTON (MaceNews) – The following are Wednesday 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 FORWEDNESDAY, JULY 20, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]
BofA Global Research Fund Manager Survey: Global Growth Optimism at All-Time Low
— Cash Levels ‘Highest Since 9/11’ — Equity Allocation ‘Lowest Since Lehman’ By Vicki Schmelzer NEW YORK (MaceNews) – Optimism about global growth prospects fell to an all-time low in July, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. Investor cash levels are the “highest since 9/11” and equity […]
White House and Other Schedules for Tuesday, July 19
WASHINGTON (MaceNews) – The following are Tuesday’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 FORTUESDAY, JULY 19, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting in the […]
White House and Other Schedules for Monday, July 18
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 18, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town Pool Wires: AP, […]
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: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FOR ISRAEL, THE WEST BANK, AND SAUDI ARABIA Saturday, July 16, 2022 In the morning, the President will […]