Japan Week Ahead: Prime Minister Takaichi’s Landslide Win in General Election to Keep Economic Stimulus Hopes, Rising Debt Jitters Amid Wobbly Consumer Sentiment
–Producer Inflation Seen Easing Further on Lower Fuel Costs but at Gradual Pace amid Rising Copper Prices By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Prime Minister Sanae Takaichi led the conservative Liberal Democratic Party to a historic landslide victory in Sunday’s lower house election, paving the way […]
Japan PM Takaichi’s LDP Scores Landslide Lower House Election Victory in Media Exit Polls, Focus on Large Fiscal Spending
–Updates first four paragraphs with final projections by news media By Chikafumi Hodo TOKYO (MaceNews) – Japanese Prime Minister Sanae Takaichi’s ruling coalition scored a landslide victory in Sunday’s lower house election, with results pointing to an overwhelming win for the Liberal Democratic Party that could allow it to govern alone and potentially secure a […]
Japan News Media Polls: Ruling Conservative LDP on Track to Score Landslide Win in Feb. 8 Lower House Election, New Opposition Centrist Alliance Trailing
By Max Sato (MaceNews) – Japanese news media polls conducted between Feb. 3 and Feb. 5 and released Thursday point to a landslide victory for the conservative ruling Liberal Democratic Party in the Feb. 8 lower house election, with the party on track to secure a significantly larger win than indicated by initial surveys. None […]
Japan Week Ahead: Newspapers Predict PM Takaichi’s LDP Likely to Win Simple Majority in General Election but Warn Things Could Change Closer to Feb. 8 Vote
–Household Spending Seen Indicating Resilient Consumption in Q4 GDP Expected to Post Rebound After Economy’s 1st Contraction in 6 Quarters in Q3 By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. So, there was no actual market intervention by the Ministry of Finance to sell dollars for yen last […]
FOMC Chooses Middle Ground, With No Rate Cut and Inflation Only ‘Somewhat Elevated,’ Unemp Showing Some Signs of Stabilization
WASHINGTON (MaceNews) – The following is the text of Wednesday afternoon’s Federal Open Market policy statement: Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has shown some signs of stabilization. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment […]
Japan Week Ahead: Lower House Election Campaign Underway Before Feb. 8 Vote as PM Takaichi Seeks Dual Fiscal Mandate, Stable Dollar/Yen
–December Factory Output to Show Slight Dip but Solid Q4, Sign for GDP Rebound; January Tokyo CPI Seen Tamer on Energy Price Drop, Erasing Food Pressures By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Currency traders are on alert for a possible market intervention by the Ministry of […]
Japan PM Takaichi to Call General Elections to Seek Dual Fiscal Policy Mandate of Boosting Economic Stimulus, Restraining Debt Issuance
By Chikafumi Hodo TOKYO (MaceNews) – Japanese Prime Minister Sanae Takaichi has announced that she will dissolve the House of Representatives on Friday, seeking to justify with a dual fiscal policy mandate yet another snap election less than 16 months after her predecessor called and lost a majority. The conservative politician with right-wing views on […]
Japan Week Ahead: PM Takaichi’s LDP Faces Tough Headwinds from New Opposition Force in Upcoming General Elections; Economic Data to Show Export Resilience, Easing Inflation
By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Prime Minister Sanae Takaichi is scheduled to hold a news conference on Monday evening (in the early hours of Monday, Jan. 19 in the Eastern time zone) to officially announce that she will call a snap election at the start […]
Fed’s Bowman Reaffirms Support for Additional Cuts In Federal Funds Rate
– Warns Against Signaling ‘Pause’ By Steven K. Beckner (MaceNews) – A number of Federal Reserve officials have expressed hesitancy, if not outright opposition, about cutting interest rates further in recent days, but Vice Chairman for Supervision Michelle Bowman emphatically renewed her support for additional rate cuts Friday. Bowman joined Governor Stephen Miran in supporting […]
Japan Week Ahead: Prime Minister Takaichi Appears Set to Call February General Elections amid Rising Tension in Middle East, Risking Delayed Budget Approval
By Max Sato (MaceNews) – Here are the key Japanese events for the coming week. Market participants are getting ready for Prime Minister Sanae Takaichi to call a snap election at the start of the 150-day ordinary Diet session on Jan. 23 following weekend news reports that she is weighing the option of dissolving the […]