Japan June Household Spending Posts 4th Straight Y/Y Drop but Rebounds M/M Amid Recovering Auto Sales
–Drop Also Due to Continued Shift to Lower-Cost Mobile Phone Plans; Traveling, Eating Out Remain Strong –Real Household Income Posts 9th Straight Y/Y Drop on Elevated Costs By Max Sato (MaceNews) – Japan’s real household spending posted its fourth straight decline on the year in June as mobile phone users continued seeking discount plans and […]
White House and Other Schedules for Monday, Aug 7
WASHINGTON (MaceNews) – The following are Monday’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 MONDAY, AUGUST 7, 2023 In the morning, the President and the First Lady will return to the White House from Wilmington, […]
BOJ July Meeting Summary: Sustained Wage Hikes, Flexible Use of Yield Curve Control Framework Key to Achieving 2% Inflation Target
–Ensuring Small Firms’ Health Also Important in Sustained Growth, Price Stability By Max Sato (MaceNews) – Bank of Japan board members stressed that substantial wage hikes must continue beyond his fiscal year and the bank’s yield curve control framework needs to become more flexible to achieve stable 2% inflation, according to the summary of […]
White House and Other Schedules for Friday, Aug 4
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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR FRIDAY, AUGUST 4, 2023 In the morning, the President and the First Lady will depart Rehoboth Beach, Delaware en route to […]
ISM: US July Service Sector Activity in Expansion Territory for 7th Straight Month; Main Index Slips on Slower Growth in New Orders, Jobs After Solid Gains in June
–ISM’s Nieves: No Signs of US Recession; Inflation Easing, Unemployment Low –Nieves: Not Concerned About Slight Uptick in Prices Paid Index; Still in 50s to 60s Historical Trend Range–Nieves: Employment Remains Mixed, Some Firms Find It Hard to Backfill Positions By Max Sato (MaceNews) – Business activity in the U.S. service sector was in positive […]
White House and Other Schedules for Thursday, Aug 3
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 SCHEDULEFOR THURSDAY, AUGUST 3, 2023 The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, […]
White House and Other Schedules for Wednesday, Aug 2
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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR WEDNESDAY, AUGUST 2, 2023 The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, […]
US July ISM Manufacturing in Contraction for 9th Straight Month on Job Cuts Amid Uncertainty but Key Index Up Slightly on New Orders, Output
–ISM’s Fiore: Employment Reduction ‘Positive’ as It Cools Wage Inflation –Fiore: US Economy More ‘Agile’ while Europe Built to Change Slowly –Fiore: Domestic Demand Slowly Coming Back, Key Index Unlikely to Fall Below 46 By Max Sato (MaceNews) – U.S. manufacturing activity was in contraction territory for the ninth straight month in July as companies […]
White House and Other Schedules for Tuesday, Aug 1
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 and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR TUESDAY, AUGUST 1, 2023 The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, […]
Japan June Jobless Rate 2.5%, Improving from May’s 2.6% as Fewer People Start Looking for Work; Solid Job Creation Continues
–No Change in Job Losses, Retirements or Number of Those Quit for Other Openings –Jobs Up Y/Y for 11th Straight Month, Led by Hotels, Restaurants, Factories, Construction, Sharp Rebound in Medical Services –Number of Unemployed Down Y/Y for 2nd Straight Month By Max Sato (MaceNews) – Japanese payrolls posted their 11th straight month of year-over-year […]