Warsh Reaffirms ‘Will Deliver Price Stability;’ Cagey On Fed’s Next Move
– Won’t Prejudge Outcome Of Late October FOMC Meeting – ‘Discouraging’ Inflation Reports Change Some Attitudes Toward Tightening By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Kevin Warsh reaffirmed the Fed’s commitment to “deliver price stability” late Thursday in Bangkok, but refused to give any guidance as to what further actions he and his […]
Preview: Forecasters See Another High Reading for Japanese Producer Price Inflation amid Elevated Commodity Prices
Consensus outlook for Mace News Tuesday, Oct 13, 2026 0850 JST (2350 GMT/1950 EDT Monday, Oct 12) The Bank of Japan releases the September corporate goods price index.Mace News median: CGPI +7.6% y/y (range: +7.6% to +7.8%) vs. Aug +7.6%; +0.5% m/m (range: +0.5% to +0.7%) vs. Aug -0.2% By Chikafumi Hodo TOKYO (MaceNews) – […]
US ISM Service Sector Growth Slows in September After Seasonal Boost in August as Rising Fuel Costs, U.S. Tariffs Choke Supply Chains, Leaving Prices, Backlog Orders High
–ISM’s Miller: Employment Up on Strong Customer Demand; Some Firms Hiring AI Workers, Others Use AI Tools to Replace Staff By Max Sato (MaceNews) – U.S. services sector business expansion slowed slightly in September after a seasonal boost in August, hit by stiff U.S. import duties and rising fuel and transportation costs amid the lingering […]
Preview: Forecasters See Weakness in Household Spending as Consumers Face Price Pressures
Consensus outlook for Mace News Friday, Oct 9, 20260830 JST (2350 GMT/1930 EDT Thursday, Oct 8) The Ministry of Internal Affairs and Communications releases the August average household spending.Mace News median forecasts: -4.2% y/y (range: -4.4% to -2.4%) vs. July -3.6%; -0.3% m/m (range: -0.4% to +1.4%) vs. July +0.5% By Chikafumi Hodo TOKYO (MaceNews) […]
Japan Week Ahead: August Household Spending to Show Deeper Drop amid Stormy Weather, Wages Data Seen Posting Solid Gain amid Labor Shortages
–Bank of Japan Branch Managers Expected to Continue Reporting Modest Recovery in Regional Economies, Firms Plan to Reflect Rising Costs in Sales Prices Further By Max Sato (MaceNews) – In the past few weeks, two things have become clearer on the Japanese economic policy front. Central bank policymakers have shifted their gears toward neutral with […]
US ISM Manufacturing Sector Buoyed by Cautious Optimism, in Growth Territory for 9th Straight Month in September, but US Trade War, Mideast Conflict Keeping Costs High, Deliveries Slow
–ISM’s Spence: Firms Jittery about Not Being Able to Rely on Stead Economic Policy By Max Sato (MaceNews) – U.S. manufacturing activity expanded for the ninth straight month in September, thanks to a cautiously optimistic business outlook, but Washington’s wars on the trade front and in the Middle East are keeping various costs high and […]
Preview: Forecasters See Buoyant Japanese Job Market in August Data
Consensus outlook for Mace News Friday, October 2, 2026 0830 JST (2330 GMT/1930 EDT Thursday, October 1) The Ministry of Internal Affairs and Communications releases August jobs. Mace News median: 2.4% (range: 2.4% to 2.5%)vs. 2.4% in July, 2.5% in June, May and April, 2.7% in March and 2.6% in February. By Chikafumi Hodo TOKYO […]
Preview: Forecasters See Japanese Retail Sales Continuing Rising Trend from Year Ago in August Data
Wednesday, Sept 30, 2026 0850 JST (2350 GMT/1950 EDT Tuesday, Sept 29) The Ministry of Economy, Trade and Industry releases August retail sales. Mace News median: +2.7% y/y (range: +1.2% to +3.7%) vs. July revised to +3.7% from +4.0%; -0.9% m/m (range: -1.6% to -0.8%) vs. July revised to +2.1% from +2.4% By Chikafumi Hodo […]
NABE Survey Shows Shift to Expectations of Fed Tightening Among Business Economists
By Steven K. Beckner (MaceNews) – The mood of business economists has shifted dramatically, swinging from hope for monetary easing to expectations of more monetary tightening, according to a survey by the National Association for Business Economics released Monday. The NABE’s semi-annual survey of its 151 members shows a substantial proportion of them considering both […]
BofA Global Research Fund Manager Survey: Fund Managers Cut Back on Risk in September amid Rising Uncertainty
— Managers Increase Cash, Reduce Other Holdings –Potential ‘Disorderly’ Rise in Bond Yields Seen as Top ‘Tail Risk’ NEW YORK (MaceNews) – Uncertainty about a wide array of issues put a dent in fund manager bullish exuberance in September, as per the latest BofA Global Fund Managers survey, released Tuesday. As a result of mounting […]