Fed’s Jefferson: FOMC ‘Well-Positioned’ To Face Upside Inflation, Downside Job Risks
–– Williams: FOMC Is Now ‘Really Well-Positioned’ To ‘Wait and See’ — Goolsbee: Fed in ‘Very Uncomfortable Situation; Facing Danger of ‘Stagflation’ By Steven K. Beckner (MaceNews) – Federal Reserve Vice Chairman Phillip Jefferson said Tuesday evening that monetary policy is “well-positioned” in a war-influenced environment of both upside risks to inflation and downside risks […]
Japan Week Ahead: Diet Set to Enact Stop-Gap Budget, Continues Debating Record Spending in Fiscal 2026 Budget amid Spike in Oil Prices
By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Lawmakers are set to approve a stop-gap budget to ensure uninterrupted social security payments and other essential spending while undergoing the final process of debating and enacting the full-year budget for fiscal 2026 starting April 1. Just as many households […]
Fed Vice Chair Jefferson, Others Call For Stand Pat Rate Stance Amid War Worries
By Steven K. Beckner (MaceNews) – Just over a week after the Federal Reserve’s policymaking Federal Open Market Committee left short-term interest rates unchanged, majority thinking on the course of monetary policy is little changed, judging from Fed policymakers’ recent comments. Fed Vice Chairman Phillip Jefferson and other members of the Fed Board of Governors […]
Japan Week Ahead: PM Takaichi Back to Inflation Fighting after Performing in Trump Diplomatic Theater; February Core CPI Seen Drifting Below BOJ’s 2%, Calm Before Iran War Storm
By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Following last week’s majority decision by the Bank of Japan’s board to pause in its gradual rate hike process, CPI data for February is forecast to show core inflation moderated to an annual rate below the bank’s 2% target as […]
FOMC Leaves Funds Rate Unchanged in 3.50-3.75% Target Range
– Participants Project one 25 BP Rate Cut to 3.25-3.50% By End Of 2026 – Gov. Miran Only Dissent; Favored 25 BP Rate Cut – FOMC: Economic ‘Implications of Developments in Middle East…Uncertain’ – Participants Revise ‘Longer Run” (Neutral) Funds Rate From 3.0% to 3.1% – Powell: Must ‘Wait and See’ War Impact; Balance Upside […]
Japan Week Ahead: National Wealth Eroded by High Import Costs, Exports Weathering Trump Tariffs Thanks to Demand from Europe, Asia
–Bank of Japan in No Hurry to Raise Interest Rates to Counter Any Reversal in Easing Inflation amid Mideast War By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Parliamentary debate on the fiscal 2026 budget continues at the key lower house budget committee. Prime Minister Sanae Takaichi is […]
RECAP, U.S. and Israel officials waiting confirmation ongoing attempt to decapitate Iran’s leadership has been successful; Trump urges govt takeover
WASHINGTON (MaceNews) – The broad U.S. and Israel attack Saturday on Iran, which is said to include hundreds of targets over several days, has triggered retaliatory missile attacks on U.S. bases in the region. Iran claims a girls school with several dozen casualties was among the targets. President Trump urged Iran’s people to now take […]
Japan’s Government Sticks to Modest Economic Recovery Outlook as Firms Tiding Over Trump Tariff Storms, Inflation Drifting Lower on Easing Food, Energy Costs
–PM Takaichi Quiet on BOJ’s Unwinding of Stimulus; Mainichi Says She Showed Reluctance to Further Rate Hikes in Recent Meeting with Governor Ueda –Government Nominates Academic Types with Possible Reflationary Bias to Replace Two Outgoing BOJ Board Members By Max Sato (MaceNews) – Japan’s government continues to predict a modest economic recovery, noting that corporate […]
Japan Week Ahead: Lawmakers to Kick Off Debate on Fiscal 2026 Budget as PM Seeks Closer Alliance with Trump to Trim Reliance on Chinese Rare Earths
–Tokyo CPI to Show Inflation Trending Lower Below BOJ’s 2% Target, Factory Output Set to Rebound While Retail Sales Remain Sluggish By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Prime Minister Sanae Takaichi has been sworn in after being re-elected in the Diet where lawmakers will start debating […]
Japan Week Ahead: Prime Minister Takaichi Set to Be Re-Elected in Diet After Ruling Conservative Party LDP Clinches Supermajority in General Election
–Q4 GDP to Confirm Tepid Rebound, January Trade to Indicate Solid Export Growth, Q4 Machine Orders Seen Up, Inflation Easing Further By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Prime Minister Sanae Takaichi will go through a largely ceremonial parliamentary vote on Wednesday to be re-elected after the […]