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) […]
Preview: Japan February Unemployment Rate Forecast to Remain at 2.7%, Lowest Among G7, Focus on Payrolls After 1st Drop in Nearly 4 Years in January
By Chikafumi Hodo Tuesday, March 310830 JST (2330 GMT/1930 EDT Monday, March 30) The Ministry of Internal Affairs and Communications releases the February unemployment rate.Mace News median: 2.7% (range: 2.6% to 2.7%) vs. 2.7% in Jan; 2.6% from Aug to Dec, over 5-year low of 2.3% in July, 2.5% from March to June TOKYO (MaceNews) […]
Japan Warns Mideast War Top Risk to Its Gradual Economic Recovery Outlook as Jitters Over Trade Rows Have Eased, Downgrades View on U.S. Economy
By Max Sato (MaceNews) – Japanese government leaders remain cautiously optimistic about their gradual economic recovery scenario but warned that the Mideast war is now the biggest source of global uncertainty while downgrading its view on the U.S. economy for the first time in 10 months. In its monthly report for March released Friday by […]
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 […]
Preview: Forecasters See Japan Tankan Showing Manufacturing Better, Services Weaker in Q1
Wednesday, April 1, 2026 0850 JST (2350 GMT/1950 EDT Tuesday, March 31) The Bank of Japan releases quarterly survey on business sentiment, plans and inflation outlook for the March quarter.Mace News medians: large mfg sentiment +17 vs. a revised +16 in Dec. from +15; large non-mfg +34 vs. a revised +36 in Dec. from +34; […]
Preview: Forecasters See Slower Japan CPI for February on Lower Energy Prices, Utilities
(Nationwide CPI) Tuesday, March 24, 20260830 JST (2330 GMT/1930 EDT Thursday, March 23) The Ministry of Internal Affairs and Communications releases February CPI.Mace News median: total CPI +1.5% y/y (range: +1.3% to +1.5%) vs. Jan +1.5%; core CPI (ex-fresh food) +1.7% y/y (range: +1.6% to +1.8%) vs. Jan +2.0%; core-core CPI (ex-fresh food, energy) +2.7% […]
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 […]
TRANSCRIPT: Fed’s Powell: Outlook Highly Uncertain for Effect of Higher Gasoline Prices on Consumption
WASHINGTON (MaceNews) – The following is a rough transcript of Federal Reserve Chair Jerome Powell’s post Federal Open Market Committee news conference Wednesday: Powell>> Good afternoon, my colleagues and I remain squarely focused on achieving our dual mand goals for the maximum employment for the benefit of the U.S. people. The employment is stable and […]
FOMC Holds Rates Steady As Expected; Says Iran War Implications ”Uncertain’
WASHINGTON (MaceNews) – The Federal Open Market Committee’s abbreviated policy statement Wednesday made minimal changes to projections for the future while saying simply at the implications of the Iran war are “uncertain.” The text of the statement follows: Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained […]