<strong>Japan February Producer Inflation Eases Further to 8.2% from 9.5% on Faster Drops in Fuels, Lumber Prices Amid Slower Global Growth </strong>
–December’s 10.5% Y/Y Rise Remains Highest in 42 Years By Max Sato (MaceNews) – Producer inflation in Japan continued to ease in February as the government is trying to cap sharp increases in energy costs for both households and businesses while fuel and lumber prices fell at a faster pace amid slowing global demand, data […]
<strong>Japan January Household Spending Dips Y/Y Amid High Costs, Jumps M/M as Economy Continues Reopening</strong>
–Slight Drop Led by Lower Spending on Telecommunications Charges–Spending on Hotels, Transport Continues Rising on Govt Tourism Support Program –January Real Household Income Posts 4th Straight Y/Y Drop on High Costs for Food, Utilities By Max Sato (MaceNews) – Japan’s real household spending posted an as-expected slight drop on the year in January, with more […]
<strong>White House and Other Schedules for Thursday, March 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 DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, MARCH 9, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the President […]
Fed’s Beige Book Survey Sees Positives and Negatives Amid ‘Slightly’ Increased Economic Activity
WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic activity coast to coast will tell the next Federal Open Market Committee meeting later this month that economic activity “increased slightly” despite widespread but somewhat moderated inflation pressures. The Beige Book responses, assembled by the New York Fed bank Wednesday, suggested consumer spending was […]
<strong>Preview: Japan Q4 GDP Slight Rebound Seen Unrevised, Led by Consumption, Net Export Rise</strong>
–Sharp Drop in Private Inventories, Capex Pullback Behind Lackluster Q4 Growth –Consumption Solid on Eased Covid Rules, Travel Subsidies After Flat Growth in Q3 –Q4 Net Exports Rebound After Q3 Slump Caused by Surge in Service Payments –Q1 GDP Seen Supported by Consumption Amid Weaker Exports By Max Sato (MaceNews) – The slight rebound […]
<strong>White House and Other Schedules for Wednesday, March 8</strong>
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 DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, MARCH 8, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town Pool Wires: […]
<strong>Powell: Fed Prepared to Increase Pace of Rate Hikes If Inflation Doesn’t Moderate</strong>
– ‘Ultimate Level of Interest Rates Likely to be Higher Than Previously Anticipated’ – Fed Not Seeking ‘Enormous’ Unemployment Rise but Tight Labor Markets Must Soften By Steven K. Beckner (MaceNews) – Federal Reserve Chair Jerome Powell served notice Tuesday that the Fed will likely need to raise short-term interest rates higher than he and […]
<strong>White House and Other Schedules for Tuesday, March 7</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 DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, MARCH 6, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. DAILY GUIDANCE AND […]
<strong>White House and Other Schedules for Monday, March 6</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 DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, MARCH 6, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]
<strong>ISM: US February Service Sector Activity Stays in Growth Territory on Rising New Orders, Job Growth, Faster Deliveries</strong>
–ISM’s Nieves: Still Need to See How Things Evolve in April-June Quarter After Strong Start to 2023–Nieves: Possible Negative Impact of Further Fed Tightening Not Reflected in ISM Data By Max Sato (MaceNews) – Business activity in the U.S. service sector stayed in positive territory in February after showing an earlier-than-usual seasonal rebound in January […]