Fed’s Beige Book Survey Sees Positives and Negatives Amid ‘Slightly’ Increased Economic Activity

WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic activity coast to coast will tell the next Federal Open Market Committee meeting later this month that economic activity “increased slightly” despite widespread but somewhat moderated inflation pressures. The Beige Book responses, assembled by the New York Fed bank Wednesday, suggested consumer spending was […]

<strong>Japan January Retail Sales Jump on Reopening Economy Despite Covid Spike, Spending by Foreign Visitors </strong>

–METI Upgrades View: Retail Sales on Gradual Uptrend Vs. Picking Up–Department Store Sales on Recovery Track, Auto Sales Improving–Demand for Cosmetics, Drugs Remains Solid; Sales of Appliances Stay Weak By Max Sato (MaceNews) – Japanese retail sales posted their 11th straight year-on-year increase in January, with the pace of increase above forecast and accelerating from […]

<strong>White House and Other Schedules for Wednesday, Feb 15</strong>

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, FEBRUARY 15, 2023 In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting in […]

<strong>Japan December Household Spending Slips on Discount Mobile Phone Plans; Covid Spike, Inflation Spoil Yearend Parties    </strong>

–Spending on Hotels, Transport Continues Rising on Govt Tourism Support –October-December Household Spending Rebounds, Indicating Consumption Supported Expected Q4 GDP Solid Growth –Spending in 2022 Marks 2nd Straight Annual Rise, Showing Pickup from Pandemic Slump    –December Real Household Income Posts 3rd Straight Y/Y Drop as Inflation Bites    By Max Sato (MaceNews) – Japan’s real household […]

Japan December Retail Sales Post Solid Gain; Freezing Weather Boosts Clothing Demand

–METI Keeps View: Retail Sales Picking Up; Sales Rebound on Month–Retail Sales Continue Rising Q/Q in Q4, Annual Pace Accelerates in 2022–Department Store Sales on Recovery Track, Shrinking Drop from Pre-Pandemic Levels–Demand for Cosmetics, Drugs Remains Strong; Auto Sales Dip After Recent Pickup By Max Satp (MaceNews) – Japanese retail sales posted the 10th straight […]

<strong>White House and Other Schedules for Wednesday, Jan 18</strong>

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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, JANUARY 18, 2023    In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town […]

<strong>White House and Other Schedules for Thursday, Dec 15</strong>

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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, DECEMBER 15, 2022   In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]

<strong>Japan October Retail Sales Keep Solid Y/Y Gain on Eased Covid Rules; Nearly Flat M/M on Price Hikes </strong>

–METI Keeps View After Recent Upgrade: Retail Sales Picking Up –Department Store Sales on Recovery Track but Still Below Pre-Pandemic Levels –Demand for Cosmetics, Drugs Remains Strong; Auto Sales Picking Up  By Max Sato (MaceNews) – Japanese retail sales posted their eighth straight year-on-year increase in October, led by wide-ranging price hikes, but lower Covid […]