Preview: Forecasters See Japan Household Spending -0.8% Y/Y, +2.6% M/M in February

Consensus outlook for Mace News Tuesday, April 7, 20260830 JST (2350 GMT/1930 EDT Monday, April 6) The Ministry of Internal Affairs and Communications releases the February average household spending.Mace News median forecasts: -0.8% y/y (range:-2.9% to +0.5%) vs. Jan -1.0%; +2.3% m/m (range: -0.9% to +3.9%) vs. Jan -2.5% By Chikafumi Hodo TOKYO (MaceNews) – […]

US ISM Manufacturing PMI in Expansion for 3rd Straight Month but Mideast War Compounds Uncertainty Already Heightened by New Trump Tariffs

–ISM’s Spence: New Orders Creeping Back Down Toward Neutral, Widespread Price Hikes ‘Very Concerning’ By Max Sato (MaceNews) – U.S. manufacturing activity expanded for the third straight month in March, emerging from the tariff-triggered doldrums of 2025, but the outlook has been clouded further by the lingering Mideast conflict, prompting firms to shelve investment and […]

Powell: Fed ‘In Good Place To Wait And See’ How Iran War Affects U.S. Economy

– War Exerts “Upside Risks’ On Inflation, ‘Downside Risks’ On Employment – Must Be ‘Mindful’ To Keep Inflation Expectations ‘Anchored’ By Steven K. Beckner (MaceNews) – Federal Reserve Chair Jerome Powell gave no indication Monday of when or how the Fed might adjust short-term interest rates, saying monetary policy is “in a good place to […]

Preview: Japan February Factory Output Forecast to Slip Back After Hitting 31-Month High in January, Retail Sales Seen Sluggish on Falling Fuel Prices

By Chikafumi Hodo Tuesday, March 310850 JST (2350 GMT/1950 EDT Monday, March 30) The Ministry of Economy, Trade and Industry releases preliminary February industrial production, the outlook for March, April.Mace News median: -2.0% m/m (range: -3.5% to -0.5%) vs. Jan revised to +4.3% from +2.2%; +0.4% y/y (range: -1.2% to +1.9%) vs. Jan revised to +0.7% from […]

Preview: Japan’s March Tokyo CPI Forecast to Show Tame Core and Overall Inflation Below BOJ’s 2% Target on Energy Subsidies, Easing Food Markups

By Chikafumi Hodo Tuesday, March 310830 JST (2330 GMT/1930 EDT Monday, March 30) The Ministry of Internal Affairs and Communications releases March, fiscal 2025 average Tokyo CPI.Mace News median: total CPI +1.6% y/y (range: +1.4% to +1.6%) vs. Feb +1.6%; core CPI (ex-fresh food) +1.8% (range: +1.6% to +1.9%) vs. Feb +1.8%; core-core CPI (ex-fresh food, energy) […]