Update: Japan Week Ahead: Markets Look for Signs of Follow-Up BOJ Move in A Few Months After Milestone Rate Hike in June, Warning about Inflation
–Updates to Show New Date for Monthly Economic Report –June Tokyo CPI Inflation Seen Accelerating on Rising Costs for Plastics, Other Goods amid Mideast Materials Supply Squeeze but Still Below 2% BOJ Target By Max Sato (MaceNews) – Financial markets are expected to be volatile in the coming week after Iran announced on the weekend […]
FOMC Holds Rates Steady; Drops Easing Bias By Ending Forward Guidance
— SEP Shows Fed Officials See Funds Rate Rising To 3.8% By End ‘26; Back to 3.6% end ’27 – -SEP Inflation Forecast Lifted for 2026 From 2.7% to 3.6% — Warsh Didn’t Submit Funds Rate Dot; Half Want Rate Same or Lower; Half Want Rate Hike – -Warsh Committed To 2% Inflation; ‘Compatible’ With […]
ABBREVIATED FOMC STATEMENT CONTAINS NO FORWARD GUIDANCE
WASHINGTON (MaceNews) – The drastically abbreviated Federal Open Market policy statement follows, containing no forward guidance, no dissents, no rate change and which drops easing bias, as expected: The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote: The Committee decided to maintain the target range for the […]
BofA Global Research Fund Manager Survey: Global Investors Pare Risk Holdings in June but Stay Positive On World Growth Prospects
By Vicki Schmelzer NEW YORK (MaceNews) – Global fund managers pared risk holdings in June, while at the same time remaining “steadfastly bullish” about world growth prospects, according to the latest BofA Global Fund Managers survey, released Tuesday. This month, a net 1% of those polled looked for weaker economic growth in the coming 12 […]
Preview: Forecasters See Japan Machinery Orders Up Again on Year in April as AI Spending Boom Continues
Consensus outlook for Mace News 0850 JST (2350 GMT/1950 EDT Tuesday, June 16) The Cabinet Office releases April machinery orders.Mace News median: core orders -0.3% m/m (range: -2.0% to +6.5%) vs. Mar -9.4%; +9.9% y/y (range: +8.5% to +17.4%) vs. Mar +5.9% By Chikafumi Hodo TOKYO (MaceNews) – Japan’s core machinery orders, a key leading […]
Fed Officials Not Ready To Move Rates Either Way as Iran Uncertainty Continues
— Rate Hike Sentiment Rising, But Most Inclined to Be Patient — Easing Bias Seems Increasingly Likely To Go By Steven K. Beckner (MaceNews) – Federal Reserve officials leaned half heartedly toward a potential tightening of monetary policy this week, as they struggled to keep up with the vicissitudes of the Iran conflict and its […]
Preview: Forecasters See Japan’s Household Spending Hit By Rising Costs in April Report
Friday, June 5, 20260830 JST (2350 GMT/1930 EDT Monday, May 11) The Ministry of Internal Affairs and Communications releases the April average household spending.Mace News median forecasts: -1.6% y/y (range: -2.7% to 0.3%) vs. Mar -2.9%; +0.4% m/m (range: -0.5% to +2.0%) vs. Mar -1.3% By Chikafumi Hodo TOKYO (MaceNews) – Persisting geopolitical tensions in […]
Preview: Forecasters See Japan Unemployment Stable in April Data with Job Market Firm
Friday, May 29, 2026 0830 JST (2330 GMT/1930 EDT Thursday, May 28) The Ministry of Internal Affairs and Communications releases April jobs. Mace News median: 2.7% (range: 2.6% to 2.7%)vs. 2.7% in March after posting 2.6% in February. By Chikafumi Hodo TOKYO (MaceNews) – Japan’s seasonally adjusted unemployment rate is expected to be little changed […]
Japan Government Still Sees Gradual Economic Recovery but Also Warns that High Import Costs, Tight Materials Supply to Weigh on Growth
–Some Economists Project Q2 GDP Dip as Effects of Mideast Conflict on Consumption, Capex to Become More Pronounced By Max Sato (MaceNews) – Japan’s government is sticking to its gradual economic recovery scenario after the January-March GDP data confirmed a steady recovery from a mild slump two quarters earlier but officials continued to warn about […]
Japan Week Ahead: Consumer Inflation in Capital, Jobless Rate Seen Tame, Iran War Squeezing Factory Output, Retail Sales Sluggish on Falling Real Wages
By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. The preliminary GDP data for the January-March quarter released last week showed the economy has overcome a temporary contraction recorded in July-September last year, thanks to rebounds in net exports and public works as well as sluggish but resilient private […]