Japan May Retail Sales Above-Forecast 3.0% Y/Y Rise Led by Department Stores, Consumer Electronics; Auto Sales Drop Eases but Still Affected by Earlier Output Suspension
Japanese retail sales rebound in May
Fed Governors Reaffirm 2% Inflation Pledge but Diverge on Policy Focus
Fed officials appear to split on policy focus
Bank of Japan June Meeting Summary Shows Members Agree High Costs Hurting Consumers but Divided over How to Proceed on Next Rate Hike
Bank of Japan officials split on next rate hike
Japan May Core CPI Annual Rate Rises to 2.5% from 2.2% in April as Higher Renewable Energy Charge Boosts Utility Bills
Japan core inflation faster in May
Japan May Export Rise Led by Automobiles, Semiconductors as in April; Trade Balance in Deficit for 2nd Straight Month
–Imports Up on Higher Demand for Crude Oil, Products, Computers; Chips Down–Exports to China Post 6th Straight Y/Y Rise, Picking Up from Last Year’s Slump–Exports to US Remain Robust; Those to EU Mark 2nd Straight Y/Y Slip By Max Sato (MaceNews) –Japanese export values rose 13.5% on year in May for the sixth straight increase, […]
Host of Fed Officials Voice Go-Slow Approach to Making Monetary Policy Less Restrictive
Fed officials want to see more progress on inflation before rate cuts
BofA Global Research Fund Manager Survey: Investors Largely on Hold in June, Eye Fed Rate Cuts
investors waiting for rate cuts later in year
Japan April Core Machine Orders Slip After 2 Months of Solid Gains, Led by Manufacturing Pullback Slightly Offset by Non-Manufacturing Rebound
Japanese machinery orders recede
Update: BOJ Keeps Overnight Rate Target in 0% to 0.1% Range as Widely Expected, to Decide at July Meeting Specific Plan for Trimming Asset Purchases in Next 1 to 2 Years
BOJ leaves rates steady, eyes reducing bond holdings
INTERVIEW: Ex-BOJ Policymaker Kiuchi Sees Flexible JGB Purchase Program as Fine-Tuning Tool, Expects Only Gradual Rate Hikes to Below 1%
By Max Sato TOKYO (MaceNews) – The Bank of Japan is likely to maintain its “flexible” Japanese government bond purchase program as a “fine-tuning tool” so it can respond to both upside and downside risks to growth and inflation, instead of clearly reducing JGB buying from the current monthly pace of about ¥6 trillion, Takahide […]