Bank of Japan December Meeting Summary: Wait to See Signs of Sustained Wage Hikes in Fiscal 2024 Before Considering Rate Hike
–Members Agree BOJ Needs to Maintain Easing to Support Positive Wages-to-Prices Cycle –A Few Members Warn Against Being Complacent about Upside Risks to Inflation By Max Sato (MaceNews) – Bank of Japan board members argued that they should wait until next spring (from March to May) to confirm whether annual labor talks will lead to […]
Italy Puts Brakes on USD-Denominated Bond Issuance for Third Straight Year
—More retail, green bonds to come —Foreign markets not key at present By Silvia Marchetti ROME (MaceNews) – Rome’s rightist government is keeping new issuance of USD-denominated bonds on hold in 2024 for a third consecutive year in light of higher yields and the euro’s weakness, according to ruling coalition sources. Italy is less keen to […]
White House and Other Schedules for Tuesday, Dec 26
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 26, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Japan November Jobless Rate Unchanged at 2.5% After Improving for 2nd Straight Month in October
–Higher Job Losses, Retirements on Month Offset by Fewer Quits for Other Openings, Flat New Job Seekers –Employment Up on Year for 16th Straight Month; Surge Led by Rebound in Manufacturing, Medical/Welfare Services –Hotels, Restaurants Continue Hiring Workers; Construction Jobs Down for 2nd Straight Month After Recent Gains –Number of Unemployed Posts 1st Year-on-Year Rise […]
White House and Other Schedules for Monday, Dec 25
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, DECEMBER 25, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
White House and Other Schedules for Friday, Dec 22
WASHINGTON (MaceNews) – The following are Friday’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: GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, DECEMBER 22, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
White House and Other Schedules for Thursday, Dec 21
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 21, 2023In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
White House and Other Schedules for Wednesday, Dec 20
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 20, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Japan November Exports Post 1st Y/Y Dip in 3 Months on Softer Demand for Iron/Steel, Chip-Making Equipment but Autos Remain Up
–Imports Mark 8th Straight Y/Y Fall on Easing Energy Import Costs –Exports to China Down for 12th Straight Month on Semiconductors; Pace of Decline Slows –Exports to US Post 26th Straight Y/Y Rise; Those to EU Dip For 1st Time in 33 Months By Max Sato (MaceNews) – Japanese export values came in weaker than […]
Japan Govt Keeps View on Moderate Economic Recovery with Some Soft Spots After Last Month’s Downgrade Amid Sluggish Capex
By Max Sato (MaceNews) – Japan’s government Tuesday maintained its overall assessment after downgrading it last month for the first time in 10 months in light of sluggish capital investment, saying the economy is still recovering moderately but that the pickup in some areas is pausing, according to its monthly report released by the Cabinet […]