BofA Global Research Fund Manager Survey: Recession Concerns Lowest Since June 2022
— Big Jump in Emerging Market Equity Holdings By Vicki Schmelzer NEW YORK (MaceNews) – Global investors polled in February were decidedly less fearful of recession and more upbeat about world growth, but were taking a wait-and-see attitude towards inflation, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. More […]
<strong>White House and Other Schedules for Tuesday, Feb 14</strong>
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, FEBRUARY 14, 2023 In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting in […]
<strong>Japan Q4 Modest GDP Growth Led by Net Export Rise after Service Import Surge Caused Q3 Contraction</strong>
–Q4 GDP Rise Smaller Than Expected as Private Inventories Drop Sharply –Consumption Up on Eased Covid Rules, Travel Subsidies After Flat Growth in Q3 –Capex Posts Pullback as Expected but Potential Demand for Investments Solid –Q1 GDP Seen Supported by Consumption Amid Slowing Global Demand By Max Sato (MaceNews) – Japan’s gross domestic product for […]
<strong>Preview: Japan Q4 GDP to Post Solid Rebound on Consumption, Net Exports After Surprise Q3 Contraction</strong>
–Consumption Resilient Thanks to Eased Covid Rules, Travel Support Program –External Demand to Lead Growth as Impact of Q3 Service Import Surge Wanes –Q4 Capex May be Down in Reaction to Strong Gains in Previous 2 Quarters –Q1 GDP Growth Seen Led by Consumption but Inflation, Slowing Global Demand Remain Headwinds By Max […]
<strong>White House and Other Schedules for Monday, Feb 13</strong>
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, FEBRUARY 13, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town Pool Wires: […]
<strong>Analysis: Japan PM Kishida Seeking Monetary Policy Balance Between Continuity and Gradual Shift from Abenomics</strong>
–Reports Say Kishida Picks Academic Kazuo Ueda to Succeed Kuroda By Max Sato (MaceNews) – Japanese Prime Minister Fumio Kishida appears to have picked an academic candidate with some policymaking experience to replace retiring Bank of Japan Governor Haruhiko Kuroda in a surprise choice that could prompt a gradual departure from the decade-old reflationary Abenomics […]
<strong>White House and Other Schedules for Friday, Feb 10</strong>
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, FEBRUARY 10, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]
<strong>Japan January Producer Inflation Eases to Below 10% as Fuels, Lumber Prices Drop, Firmer Yen Lowers Import Costs</strong>
–Upwardly Revised +10.5% Y/Y in December 2022 Now 42-Year High By Max Sato (MaceNews) – Producer inflation in Japan eased in January as energy and commodity markets turned softer on slowing global demand and the recent rebound in the yen helped lower import costs, but the annual rate just under 10% indicates firms are still […]
<strong>White House and Other Schedules for Thursday, Feb 9</strong>
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 FORTHURSDAY, FEBRUARY 9, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]
<strong>Fed Policymakers Point Toward Possibly Higher Rates Than Previously Thought</strong>
By Steven K. Beckner (MaceNews) – Federal Reserve policymakers expressed a determination Wednesday to keep raising interest rates to combat inflation – possibly higher than previously projected. New York Federal Reserve Bank President John Williams said that, for now, a 25 basis point pace of rate hikes is appropriate, and he said rate cuts could […]