BOJ Under Governor Ueda Keeps Easing Stance to Pursue Stable 2% Inflation but Also Decides to Review Prolonged Easing
–No Longer Expects Short-, Long-Term Rates to Go Lower Than Now –Ueda Has Told Diet, Reporters: ‘Appropriate’ to Continue Current Policy Framework; Underlying Inflation Has Not Reached 2% By Max Sato (MaceNews) – The Bank of Japan said Friday its policy board decided unanimously to maintain its monetary easing stance, keeping its zero to slightly […]
White House and Other Schedules for Friday, April 28
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: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, APRIL 28, 2023 In the morning, the President will receive the President’s Daily Brief. The Vice President will attend. This […]
Japan’s Economy Shows Some Resilience in March Data Amid Slowing Global Growth; Inflation Hurts Purchasing Power
–Industrial Output Posts 2nd Straight Rise on Month, Prompting METI to Upgrade its View –Retail Sales Up on Recovery at Department Stores, Demand for Autos –Payroll Growth Continues but Unemployment Rate Rises Unexpectedly –April Tokyo CPI, Leading Indicator of National Data, Accelerates at Fast Pace By Max Sato (MaceNews) – Japan’s manufacturing sector is weathering […]
White House and Other Schedules for Wednesday, April 26
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, APRIL 26, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
Italy Risks Losing Up To €44 Billion in EU Pandemic Aid, Unable to Use Funds
-Bureaucracy, delays, technical issues are main cause -PM Meloni wants to re-negotiate new targets with Brussels By Silvia Marchetti ROME (MaceNews) – Italy’s rightist government risks losing some EUR 44 billion of European direct pandemic aid, and potentially even more, as it struggles to use all the money within set targets and timelines. Both opposition […]
Japan’s Government Continues to See Gradual Economic Pickup, Upgrades View on China for 2nd Straight Month
By Max Sato (MaceNews) – Japan’s government Tuesday maintained its overall economic assessment that the gradual pickup will continue as widely eased Covid public health rules are seen propping up domestic consumer spending amid slowing global demand, according to its monthly report released by the Cabinet Office. The Japanese economy is showing resilience, thanks to […]
White House and Other Schedules for Tuesday, April 25
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, APRIL 25, 2023 In the afternoon, the President will deliver remarks at the North America’s Building Trades Unions Legislative Conference to […]
White House and Other Schedules for Monday, April 24
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, APRIL 24, 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 Friday, April 21
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: UPDATED DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, APRIL 21, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Japan March Core CPI Capped at +3.1% Y/Y by Energy Subsidies After February’s 3.1%, January’s 41-Year High of 4.2%
–Total CPI +3.2% Y/Y Vs. +3.3% in February, 41-Year High of +4.3% in January –Core-Core CPI (Ex-Fresh Food, Energy) Hits 42-Year High of +3.8% Y/Y, Largest Gain Since +3.9% in December 1981–Fiscal 2022 Core CPI +3.0% Vs. +0.1% in Fiscal 2021, as Projected by BOJ Board By Max Sato (MaceNews) – Consumer inflation in Japan […]