FOMC Minutes Contain No Hints of Imminent Rate Cuts; Still ‘Highly Attentive’ to Inflation Risk
WASHINGTON (MaceNews) – The minutes of the latest Federal Open Market Committee meeting released Wednesday leaned toward high rates for longer, not any imminent rate cuts or, for that matter, any rate hike. While acknowledging progress in disinflation, the FOMC participants remained “highly attentive” to inflation risk, although saying overall risks were coming into better […]
Japan Govt Downgrades Its View on Economic Recovery as Consumption, Production Turn Weaker
–Japan’s Economy still Faces Downside Risks from Chinese Slowdown, High Prices, January’s Earthquake By Max Sato (MaceNews) – Japan’s government on Wednesday downgraded its overall assessment for the first time in three months, saying while the economy is recovering moderately, consumption has turned weaker amid elevated costs and production has been hit by suspended vehicle […]
White House and Other Schedules for Wednesday, Feb 21
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR WEDNESDAY, FEBRUARY 21, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan January Exports Up on Continued Solid Demand for Autos, Chip-Making Machines but Trade Balance Slips Back into Deficit
–Imports Mark 10th Straight Y/Y Fall on Lower Energy Prices, Slower Demand for Smartphones–Exports to China Post 2nd Straight Rise after A Year-Long Slump; Partly Due to Base Year Effects–Exports to US Remain Robust; Those to EU Also Up Despite Region’s Sluggish Economic Growth By Max Sato (MaceNews) – Japanese export values rose 11.9% on […]
White House and Other Schedules for Tuesday, Feb 20
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, FEBRUARY 20, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the […]
White House and Other Schedules for Monday, Feb 19
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, FEBRUARY 19, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
Japan December Core Machine Orders Rebound on Higher Demand from Manufacturers; Computer Orders Remain Mixed
–Core Orders Dip in Q4 as Largely Expected, Seen Up in Q1 for 1st Rise in 4 Quarters–Core Orders Mark 10th Straight Y/Y Drop Despite Solid Capex Plans–Cabinet Office Keeps View: Machine Orders Pausing By Max Sato (MaceNews) – Japanese core machinery orders, the key leading indicator of business investment in equipment, rebounded 2.7% in […]
White House and Other Schedules for Friday, Feb 16
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR FRIDAY, FEBRUARY 16, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
White House and Other Schedules for Thursday, Feb 15
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, FEBRUARY 15, 2024In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town […]
Japan Q4 GDP Unexpectedly Slips for 2nd Straight Contraction, Hit by Weaker Consumption, Business Investment, Public Works Spending
–Q4 GDP Annualized 0.4% Drop Below Median Forecast of 1.6% Growth–Consumption, Capex Both Post 3rd Straight Drop as Real Wages Keep Falling–In 2023, Japan’s Nominal GDP in Dollar Terms Falls Behind Germany’s Amid Weak Yen By Max Sato (MaceNews) – Japan’s gross domestic product for the October-December quarter unexpectedly posted a slight contraction of 0.1% […]