Japan April Industrial Output Dips Unexpectedly on Weaker Demand for Production Equipment amid Global Slowdown
–METI Survey: Output Likely to Post 2nd Straight Dorp in May, Rise in June –METI Keeps View After Last Month’s Upgrade: Output Showing Gradual Pickup –METI Repeats: To Watch Effects of Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production unexpectedly fell on the month for the first drop in three months, hit […]
White House and Other Schedules for Tuesday, May 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 and Federal Reserve events: (The transcript of Sunday’s White House background briefing for the press on the debt-limit deal is at: https://macenews.com/transcript-white-house-press-backrounder-on-debt-limit-deal/ or macenews.com) DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, […]
Japan April Jobless Rate 2.6% Vs. 2.8% in March on Fewer Job Cuts, Quits; Y/Y Job Creation Continues
–Fewer People Quit for Other Openings on Month, Job Losses, Retirements Also Fall –Jobs Up on Year for 9th Straight Month, Let by Manufacturing, Entertainment, Hotels/Restaurants –Number of Unemployed Marks 2nd Straight Y/Y Rise By Max Sato (MaceNews) – Japanese payrolls posted their ninth straight year-over-year growth in April as the reopening of the economy […]
White House and Other Schedules for Monday, May 29
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: (The transcript of Sunday’s White House background briefing for the press on the debt-limit deal is at: https://macenews.com/transcript-white-house-press-backrounder-on-debt-limit-deal/ or macenews.com) WHITE HOUSE GUIDANCE AND PRESS […]
TRANSCRIPT: White House Press Backrounder on Debt-Limit Deal
WASHINGTON (MaceNews) – The following is the White House transcript of Sunday’s press background briefing on the debt-limit deal: BACKGROUND PRESS CALLON THE BIPARTISAN BUDGET AGREEMENT Via Teleconference 6:51 P.M. EDT MODERATOR: Good evening, everyone. And thank you for joining our background call at a bit of a short notice. As you saw, the President spoke […]
White House and Other Schedules for Friday, May 26
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 SCHEDULE FORFRIDAY, MAY 26, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
Japan May Tokyo Core CPI Y/Y +3.2% Vs. +3.5% in April; Processed Food Markups Lead Rise, Slower Pace Due to Energy Subsidies
–Total CPI Annual Rate Also Slows to 3.2% from 3.5% after Hitting 41-Year High of 4.4% in January –Narrow CPI (Ex-Fresh Food, Energy) Annual Rate Rises to 3.9% from 3.8%, Staying at 41-Year High By Max Sato (MaceNews) – Consumer prices in Tokyo, the leading indicator of the national average, decelerated in May to a […]
Japan Government Upgrades View on Economy from Pickup to Moderate Recovery, Condition Last Seen in February 2020
By Max Sato (MaceNews) – Japan’s government Thursday upgraded its overall assessment for the first time in 10 months, saying the economy is improving to the state last seen in February 2020, when pandemic hadn’t had a full impact on economic activity, according to its monthly report released by the Cabinet Office. In its May […]
White House and Other Schedules for Thursday, May 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 and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, MAY 25, 2023In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
FOMC Minutes Show Uncertainty About Any June Rate Hike
WASHINGTON (MaceNews) – The Federal Open Market Committee participants were not sure what is their most likely policy decision at their June meeting as the Fed staff repeated its outlook for a mild recession at year end or early next year, the meeting minutes showed Wednesday. In fact, the staff told the meeting that the […]