Japan May Tokyo CPI Y/Y Rise Around BOJ’s 2% Target but FY22 Uptick Seen Temporary
–May Tokyo CPI Annual Rate Highest in Nearly 3 Decades Excluding 2014, 1997 Sales Tax Hike Impact–Energy, Food Prices Lead Inflation; BOJ Sees Impact of Commodity Market Spike Fading in FY23–Gasoline Price Markups Smaller on Govt Subsidies; Utilities Costs High but Also Easing By Max Sato (MaceNews) – The year-on-year rise in consumer prices in […]
White House and Other Schedules for Thursday, May 26
WASHINGTON (MaceNews)—The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, MAY 26, 2022 In the afternoon, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
FOMC Minutes Show Near-Term Policy Consensus, Longer Term Division
Officials Agreed Need to Move ‘Expeditiously’ To Neutral ‘Most’ Thought 50 bp Hikes in June, July Likely To Be Appropriate ‘Many’ Thought ‘Expediting’ Tightening Would Let Fed Assess Stance Later ‘Several’ Saw Challenge Restoring Price Stability With Strong Job Market ‘A Number’ Favored MBS Sales Once Balance Sheet Reduction Underway By Steven K. Beckner (MaceNews) […]
White House and Other Schedules for Wednesday, May 25
WASHINGTON (MaceNews)—The following are Wednesday schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MAY 25, 2022 In the afternoon, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will […]
Japan Govt Sees Economy Fighting Off Covid, Wants BOJ to Achieve ‘Sustainable’ 2% Inflation
By Max Sato (MaceNews) – Japan’s government Wednesday maintained its economic overview for May after upgrading it for the first time in four months in April as consumer spending appears to have overcome an Omicron-hit slump but it also warned about continued uncertainty over global growth amid Chinese Covid lockdowns and the Ukraine war, according […]
White House and Other Schedules for Tuesday, May 24
WASHINGTON (MaceNews)—The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: Tuesday, May 24, 2022 The President has participated in the second in-person Quad Leaders’ Summit at the Kantei Palace in Tokyo, Japan. The President has participated in a working lunch with […]
White House and Other Schedules for Monday, May 23
WASHINGTON (MaceNews)—The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: Monday, May 23, 2022 In the morning, the President will meet with Emperor Naruhito of Japan at the Imperial Palace in Tokyo, Japan. The arrival at the Imperial Palace will […]
White House and Other Schedules for Saturday and Sunday
WASHINGTON (MaceNews)—The following are Saturday and Sunday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: Saturday, May 21, 2022 The President will participate in a wreath laying ceremony at the Seoul National Cemetery in Seoul, Republic of Korea. The President will participate in a […]
White House and Other Schedules for Friday, May 20
WASHINGTON (MaceNews)—The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE FORFRIDAY, MAY 20, 2022 – TUESDAY, MAY 24, 2022 Friday, May 20, 2022 In the afternoon, the President will arrive in Pyeongtaek, Republic of Korea. The arrival […]
Japan April CPI Jumps as Mobile Phone Fee Discount Effects Fade; Energy, Food Up
–Core CPI +2.1% Y/Y Largest in Over 13 Years If 2014 Sales Tax Hike Impact Excluded–Total CPI +2.5% Y/Y Largest in Over 30 Years Excluding Impact of 2014, 1997 Sales Tax Hikes–Energy Costs High but Easing; Household Durable Goods Prices Post 1st Y/Y Rise in 6 Months By Max Sato (MaceNews) – Consumer prices in […]