White House and Other Schedules for Thursday, Dec 14
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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, DECEMBER 14, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
Japan October Core Machine Orders Post 2nd Straight M/M Rise on Persistent Digitization Demand but Computer Orders Mixed After Recent Gains
–Core Orders Mark 8th Straight Y/Y Drop Despite Solid FY23 Capex Plans –Cabinet Office Keeps View: Machine Orders Pausing By Max Sato (MaceNews) – Japanese core machinery orders, the key leading indicator of business investment in equipment, unexpectedly posted a second straight monthly gain in October, up 0.7%, after rebounding an above-forecast 1.4% in September […]
TRANSCRIPT: Fed’s Powell Said the FOMC Participants Did Discuss the ‘Next Question’ of Rate Cuts At This Meeting
WASHINGTON (MaceNews) – Federal Reserve Chair Jerome Powell Wednesday said the Federal Open Market participants did discuss rate cuts at its latest meeting and that as the inflation rate approaches the 2% target policy must become less restrictive to avoid overshooting. The transcript of his post-FOMC news conference follows: OPENING STATEMENT and Q&A:
Analysis: Bank of Japan Cautious About Lifting Negative Short-Term Rate Target Until Confirming Path to Higher Wages in April
By Max Sato (MaceNews) – Bank of Japan policymakers are expected to maintain the current easing stance for now as they are likely to refrain from raising interest rates at least until April, when they may be able to see a clearer sign that wages will continue rising substantially in the next fiscal year. In […]
White House and Other Schedules for Wednesday, Dec 13
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, DECEMBER 13, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, […]
BOJ December Quarter Tankan: Major Manufacturers’ Sentiment Posts 3rd Straight Rise on Improved Supply Chains but Outlook Cautious on High Costs, Labor Shortages
–Major Non-Manufacturers’ Confidence Up for 7th Straight Quarter –Many Sectors Expect Pullback in March in Payback for Recent Improvement –Large Firms’ Combined Fiscal 2023 Capex Plans Revised Down Only Slightly; Small Firms Raise Theirs Further By Max Sato (MaceNews) – Confidence among manufacturers and non-manufacturers in Japan all picked up more than expected in December […]
White House and Other Schedules for Tuesday, Dec 12
WASHINGTON (MaceNews) – The following are Tuesday’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 TUESDAY, DECEMBER 12, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, […]
Japan November Producer Inflation Eases Further to 0.3% from October’s 0.9% on Utility Subsidies, Slower Global Demand
–November’s 0.3% Y/Y Rise Remains Lowest Since 0.9% Drop in February 2021 –Producer Prices Up 0.2% M/M for 1st Rise in 3 Months on Rebound in Fuels, Non-Ferrous Metals By Max Sato (MaceNews) – Producer inflation in Japan eased for the 11th straight month in November, slowing to a 0.3% rise on the year from […]
White House and Other Schedules for Monday, Dec 11
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: President Biden returned to the White House from California at 9:26p ET Sunday night. He travels to Philadelphia Monday to deliver remarks on a public […]
Preview: BOJ December Tankan to Show Major Manufacturer Sentiment Up for 3rd Straight Quarter on Improved Supply Chains, Lower Import Costs
–Major Non-Manufacturer Confidence Seen Unchanged; Inbound Spending High but Labor Shortages Bite –Firms in Many Sectors Likely to Be Wary of Near-Term Outlook Amid Slowing Global Growth –Large Firms Seen Revising Down Fiscal 2023 Capex Plans; Small Firms to Raise Theirs Further By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan business survey […]