Analysis: Bank of Japan to Keep Easing Stance, To Check 10-Year JGB Yield Rise Despite Yen Fall
By Max Sato (MaceNews) – The Bank of Japan is committed to maintaining its current monetary easing framework aimed at guiding low inflation toward its 2% target despite the recent rapid depreciation of the yen, which could further push up import costs amid rising food and energy costs. The BOJ on Monday resumed unlimited fixed-rate […]
Japan February Unemployment Slips to 2.7% But Job Creation Slow
By Max Sato (MaceNews) – Job creation in Japan remained sluggish in February compared to a year earlier but the unemployment rate fell from January as job cuts eased and fewer people began looking for work, data released Tuesday by the Ministry of Internal Affairs and Communications showed. The seasonally adjusted average unemployment rate fell […]
Preview: BOJ March Tankan To Show Sentiment Hit by Omicron Spike, Ukraine War
–Sentiment Among Manufacturers, Non-Manufacturers Seen Down After Recent Pickup –Small Business Sentiment Indexes Expected to Remain in Negative Territory –Major Firms Expected to Revise Down FY21 Capex Plans, See Small FY22 Gain –Smaller Firms Playing Catchup in FY21 Capex as They Tend To Do Toward Fiscal Yearend By Max Sato (MaceNews) – The Bank of […]
Biden Admin Budget Proposals Hit Billionaires, Deficit
WASHINGTON (MaceNews) – President Biden Monday afternoon formally unveils his fiscal 2023 federal government budget proposals, increasing military spending – which Republicans like – and inventing a new tax on unrealized capital gains aimed the the richest tier of Americans – which Republican pledge to kill as fast as possible. The White House fact sheet […]
Monday March 28th Washington Schedules from Mace News
THE WHITE HOUSE DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, MARCH 28, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press. In the afternoon, the President will announce his Budget for Fiscal Year 2023, which will reduce deficits by more than […]
Weekend White House Schedule from Mace News
THE WHITE HOUSE WEEKEND GUIDANCE FORSATURDAY, MARCH 26, 2022 – SUNDAY, MARCH 27, 2022 Saturday, March 26, 2022 In the afternoon, the President will participate in an arrival ceremony with President of Poland Andrzej Duda at the Presidential Palace in Warsaw, Poland. This will be covered by the out-of-town pool. Then, the President will hold a bilateral meeting […]
<strong>Bank of Canada to ‘Act Forcefully’ to Tame Inflation: Deputy Governor Kozicki </strong>
By Max Sato (MaceNews) – Bank of Canada Deputy Governor Sharon Kozicki on Friday stressed that the bank’s is determined to fight inflation with more actions “forcefully,” following its first rate hike in over three years in March, and ahead of its April 13 policy decision. “We have taken action and will continue to do […]
<strong>Japan Govt Sees Economic Pickup Signs, Warns of Downside Risks from Inflation, Markets, War </strong>
By Max Sato (MaceNews) – Japan’s government Friday maintained its overview that the economy is showing signs of a pickup amid some soft spots as Covid cases appear to have peaked, but also warned that rising prices, volatile financial markets, and the war in Ukraine could heighten downside risks, according to its monthly report released […]
Friday March 25 Washington Schedules from Mace News
THE WHITE HOUSE COMPREHENSIVE TRIP GUIDANCE FORFRIDAY, MARCH 25, 2022 – SATURDAY, MARCH 26, 2022 Friday, March 25, 2022 In the morning, the President will host European Commission President Ursula von der Leyen at the U.S. Mission in Brussels, Belgium for a bilateral meeting to discuss cooperation in the context of Russia’s invasion of Ukraine. Following their […]
Japan March Tokyo CPI Y/Y Rise Hits Over 2-Year High on Utilities, Processed Food
–Utilities Continue Leading Energy Costs Higher; Gasoline Rise Slows –Total CPI Also Pushed Up by Another Surge in Fresh Food Prices –Most Base Effects of Sharp Mobile Phone Charge Discounts To End This Month By Max Sato (MaceNews) – The year-on-year rise in consumer prices in Tokyo, the leading indicator of the national average, hit […]