Fed’s Beige Book Shows Lukewarm Growth, Less Jobs Pressure, Retail and Auto Sales Mostly Flat
WASHINGTON (MaceNews) – The Federal Reserve’s survey of economic activity coast-to-coast Wednesday showed generally lackluster growth but only two districts – Dallas and Boston – with little or no improvement. The survey, prepared for the June 11-12 Federal Open Market by the Dallas Fed found most districts with ‘negligible to modest” job gains, prices increasing […]
Japan Government Keeps Its View on Economic Recovery, Downplaying Q1 GDP Slump as Mainly Caused by Temporary Vehicle Output Suspension
Japan government keeps view on economy
Japan April Core CPI Annual Rate Eases to 3-Month Low of 2.2% on Smaller Processed Food, Durable Goods Price Gains; Overall Energy Costs Edge Up After Long Drop
–Total CPI +2.5% Y/Y Vs. +2.7% in March Despite High Fresh Food Prices–Core-Core CPI (Ex-Fresh Food, Energy) Annual Rate Eases to 19-Month Low of 2.4% By Max Sato (MaceNews) – Consumer inflation in Japan moderated in all three key measures in April in light of easing food and durable goods markups, offsetting the slight upward […]
Japan April Export Rise Led by Automobiles, Semiconductors; Trade Balance Slips Back into Deficit after March Surplus
autos, semiconductors lead Japanese export rise
Japan March Core Machine Orders Unexpectedly Post 2nd Straight Monthly Gain, Prompting Government to Upgrade View
Japanese capex bounces back in April
Japan Q1 GDP Posts 1st Contraction in 2 Quarters as Suspended Auto Output Hurts Consumption, Capex, Exports; Slight Q4 Rebound Revised Down to Zero Growth
Japan economy contracts in first quarter
ISM Semiannual Survey: US Economy to Expand Softly in 2024 amid Expected Lower Revenue Growth, Slowing Spending on Capacity
US purchasing managers see slow expansion
White House and Other Schedules for Tuesday, May 14
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, MAY 14, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
Japan April Producer Prices Up 0.9% Y/Y Vs. Upwardly Revised 0.9% Rise in March on Fears of Global Copper Supply Shortage, Rising Import Costs amid Weak Yen
Japanese producer prices jump
White House and Other Schedules for Monday, May 13
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, MAY 13, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]