Preview: Japan Q1 GDP Seen Posting Slight Rebound on Modest Consumption, Sluggish Exports after No Growth in Q4
–Consumption Backed by Government Tourism Support Program –Business Investment Seen Posting 2nd Straight Quarterly Drop as Firms Become Cautious–Net Exports Forecast to Show Decline Amid Slowing Global Demand –Q2 GDP Growth Seen Led by Consumption but Exports Weak By Max Sato (MaceNews) – Japan’s gross domestic product for the January-March quarter is forecast by […]
White House and Other Schedules for Wednesday, May 10
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 SCHEDULE FOR WEDNESDAY, MAY 10, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
White House and Other Schedules for Tuesday, May 9
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 SCHEDULE FOR TUESDAY, MAY 9, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan March Household Spending Slumps on Continued Shift to Lower Mobile Phone Plans; Traveling, Eating Out Remain Solid
–Spending on Hotels, Packaged Tours Continues Rising on Tourism Support Program –Real Household Income Posts 6th Straight Y/Y Drop on High Food Costs but Energy Subsidies Capping Utility Charges By Max Sato (MaceNews) – Japan’s real household spending came in much weaker than expected in March, posting drops both on the year and month, as […]
White House and Other Schedules for Monday, May 8
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, MAY 8, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
White House and Other Schedules for Friday, May 5
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 FOR FRIDAY, MAY 5, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
White House and Other Schedules for Thursday, May 4
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 FOR THURSDAY, MAY 4, 2023 In the morning, the President will receive the President’s Daily Brief. The Vice President will attend. This […]
Fed’s Powell Says Says Re Future Rate Hikes, No Explicit Pause, Just a Period of Assessment of Effects of Credit Tightening, Other Factors
By Denny Gulino WASHINGTON (MaceNews) – After fulfilling expectations for another rate hike of just a quarter point, Federal Reserve Chair Jerome Powell Wednesday said the FOMC did not decide on an explicit pause in future rate hikes, but is assessing the cumulative effects of those already accomplished as well as the effect of any […]
TRANSCRIPT: Fed Chair Powell’s Post-FOMC News Conference
WASHINGTON (MaceNews) – The Federal Reserve’s transcript of Wednesday’s news conference held by Fed Chair Jerome Powell following the meeting of the policy-setting Federal Open Market Committee follows:
FOMC Raises Fed Funds Another Quarter Point, Assesses Need for Further Tightening; No Hint of Future Ease
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday fulfilled expectations for a 10th consecutive rate hike, this time of another quarter point, while hinting it is pausing to see whether further tightening “may” be necessary. The policy statement said the effects of anticipated credit tightening and other negative factors is still uncertain and that […]