<strong>Japan October Household Spending Posts 5th Straight Y/Y Rise; Keeps M/M Gain Despite Signs of 8th Covid Wave </strong>
–Spending on Traveling, Dining Out Stays Above Year-Earlier Levels on Reopening Economy –Real Household Income Dip; Real Wages Down Amid Widespread Retail Price Hikes By Max Sato (MaceNews) – Japan’s real household spending posted the fifth straight year-on-year rise in October and maintained a gain on the month as people continued to eat out, shop […]
<strong>Preview: Japan Q3 GDP Drop Seen Revised Up Slightly on Firmer Capex</strong>
–Q3 Contraction Caused by Surge in Imports, Large Service Payments Overseas –Consumption Slower but Resilient Despite Covid Spike at Peak of Summer –Capex Demand for FY22 Solid Amid Digital, Green Transformations –Q4 GDP May Rebound on Fiscal Support but Global Uncertainties Remain By Max Sato (MaceNews) – Japan’s gradual economic recovery led by resilient consumption […]
<strong>ISM: US November Service Sector Growth Pace Picks Up on Holiday Season, New Fiscal Year Demand</strong>
–ISM’s Nieves: Some Pullback Expected in Q1 of 2023 After Holiday Season–ISM’s Nieves: High Inflation ‘Still Evident’ Despite Lower Gasoline Prices –ISM’s Nieves: Supply Deliveries Improving; Port Congestion, Trucking Delays Eased By Max Sato (MaceNews) – U.S. service sector growth picked up slightly in November after slowing in the previous two months, backed by holiday […]
<strong><a href="https://macenews.com/white-house-and-other-schedules-for-friday-dec-2/">White House and Other Schedules for Monday, Dec 5</a></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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, DECEMBER 5, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
<strong>White House and Other Schedules for Friday, Dec 2</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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, DECEMBER 2, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
<strong>White House and Other Schedules for Thursday, Dec 1</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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, DECEMBER 1, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
<a href="https://craft.macenews.com/admin/entries/stories/49095-feds-powell-slower-pace-of-rate-hikes-coming-but-fed-has-more-to-do">Fed’s Powell: Slower Pace of Rate Hikes Coming, But Fed Has More To Do</a>
By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell said Wednesday the Fed will be slowing the pace of interest rate hikes as soon as the mid-December meeting of the Fed’s policymaking Federal Open Market Committee, but made clear a slowing does not mean that the FOMC will soon stop raising rates, much […]
Fed’s Beige Book Survey Takes Negative Turn; Seven Districts Flat or Down
WASHINGTON (MaceNews) – After years of readings of “modest to moderate” expansion, the latest Federal Reserve Beige Book survey of economic conditions coast to coast Wednesday assumed a negative cast, with a majority of Fed regional banks reported no expansion or declines. “Interest rates and inflation continued to weigh on activity” the survey found. Consumers […]
<strong>White House and Other Schedules for Wednesday, Nov 30</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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, NOVEMBER 30, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
<strong>Japan October Industrial Output Slumps Amid Slowing Global Demand, in Reaction to Earlier Gains</strong>
–METI Survey: Output Likely to Dip in November, Rise in December –METI Downgrades View: Output Picking Up Gradually but Shows Weakness in Some Areas –METI Repeats: To Watch Effects of a Rise in Covid Cases, Parts Shortages, Inflation By Max Sato (MaceNews) – Japan’s industrial production posted the second straight monthly drop in October, hit […]