Fed’s Beige Book Shows Lukewarm Growth, Less Jobs Pressure, Retail and Auto Sales Mostly Flat
WASHINGTON (MaceNews) – The Federal Reserve’s survey of economic activity coast-to-coast Wednesday showed generally lackluster growth but only two districts – Dallas and Boston – with little or no improvement. The survey, prepared for the June 11-12 Federal Open Market by the Dallas Fed found most districts with ‘negligible to modest” job gains, prices increasing […]
Japan April Producer Prices Up 0.9% Y/Y Vs. Upwardly Revised 0.9% Rise in March on Fears of Global Copper Supply Shortage, Rising Import Costs amid Weak Yen
Japanese producer prices jump
White House and Other Schedules for Monday, May 13
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 13, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]
US April ISM Manufacturing Slips Back into Slight Contraction, Hit by Pullback in New Orders, Surge in Costs, but Employment Shows Improvement
manufacturing sector slowed in April
White House and Other Schedules for Wednesday, March 27
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, MARCH 27, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Japan February Tokyo Core CPI Annual Rate Picks Up to 2.5% After Easing to 1.8% in January as Base Effect of Utility Subsidies Wanes
–Influx of Asian Visitors During Lunar New Year Holidays Also Boosts Hotel Fees–January Data Revised Up as New Data Collection Method for Overseas Package Tours Applied–Total CPI Annual Rate Accelerates to 2.6% from 1.8%–Core-Core CPI (Ex-Fresh Food, Energy) Y/Y Rise Slows to 3.1% from 3.3% By Max Sato (MaceNews) – Consumer inflation in Tokyo, the […]
Japan January Producer Inflation Remains Tame with 0.2% Y/Y Rise as Subsidies Trim Utility Costs, Global Demand for Lumber, Steel Remains Soft
—Producer Prices Mark 35th Straight Y/Y Gain but Recent Figures Stay Lowest Since 0.9% Drop in February 2021–Producer Prices Flat Month on Month; Firmer Prices for Utilities, Electric Machines Offset Lower Costs for Farm Produce, Fuels By Max Sato (MaceNews) – Producer inflation in Japan rose 0.2% on the year in January, coming in higher […]
White House and Other Schedules for Wednesday, Jan 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, JANUARY 10, 2024 In the morning, the President will receive the President’s Daily Brief. The Vice President will attend. […]
Japan July Producer Inflation Eases Further to Fresh 2-Year Low of 3.6% from June’s 4.3% on Energy Subsidies, Plunging Lumber Prices
–Producer Prices Post 1st M/M Rise in 3 Months on Rebound in Fuels, Non-Ferrous Metals –July’s 3.6% Y/Y Rise Lowest Since 1.0% in March 2021 –Corporate Goods Price Index’s 10.6% Surge in December 2022 Highest in 42 Years By Max Sato (MaceNews) – Producer inflation in Japan eased for the seventh straight month in July, […]
Japan Govt Keeps View on Moderate Economic Recovery Backed by Consumer Spending, Business Investment Amid Higher Wage Growth
By Max Sato (MaceNews) – Japan’s government Wednesday maintained its overall assessment, saying the economy is recovering moderately as substantial wage hikes and Covid-era excess savings are supporting consumer spending while improving supply chains are shoring up business confidence and investment, according to its monthly report released by the Cabinet Office. Japanese policymakers expect robust […]