BofA Global Research Fund Manager Survey: Investors Prepare for Lower Yields in 2024
–Seventy-six percent of managers convinced Fed rate hike cycle over –Geopolitics become number one “tail risk” by Vicki Schmelzer NEW YORK (MaceNews) – Global investors prepared for lower yields in November, with cash levels falling and allocation to stocks and bonds on the rise, according to the findings of BofA Global Research’s monthly fund manager […]
White House and Other Schedules for Tuesday, Nov 14
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: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULEFOR TUESDAY, NOVEMBER 14, 2023 – FRIDAY, NOVEMBER 17, 2023Tuesday, November 14, 2023 In the morning, the President will receive the […]
White House and Other Schedules for Monday, Nov 13
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, NOVEMBER 13, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
Japan October Producer Inflation Eases Further to 0.8% from September’s 2.2% on Utility Subsidies, Slowing Global Demand
–October’s 0.8% Y/Y Rise Lowest Since 0.9% Drop in February 2021 –Producer Prices Unexpectedly Dip 0.4% M/M for 2nd Straight Dop on Lower Cost for Fuels, Meat, Chemicals By Max Sato (MaceNews) – Producer inflation in Japan eased for the 10th straight month in October, slowing to a weaker-than-expected 0.8% rise on the year, as […]
Fed’s Powell: ‘Not Confident’ Fed Policy ‘Sufficiently Restrictive’ To Curb Inflation
– Will ‘Proceed Carefully,” But Ready To Raise Rates Further If Needed By Steven K. Beckner (MaceNews) – Federal Reserve Chair Jerome Powell continued Thursday to leave open the option for further monetary tightening, despite rampant Wall Street speculation that the Fed’s next move might be to ease credit. Powell said the Fed is not […]
White House and Other Schedules for Thursday, Nov 9
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, NOVEMBER 9, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
Bank of Japan October Meeting Summary: Must Watch Pay Hikes for Fiscal 2024 Onward as Key to Positive Wages-to-Inflation Cycle
–Members Agree Central Bank Needs to ‘Patiently’ Continue with Monetary Easing for Now Amid High Uncertainty By Max Sato (MaceNews) – Bank of Japan board members stressed that they need to closely monitor wage negotiations between major firms and their labor unions that take place in the early parts of next year as they […]
White House and Other Schedules for Wednesday, Nov 8
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 SCHEDULE FOR WEDNESDAY, NOVEMBER 8, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting in the Oval Office […]
White House and Other Schedules for Tuesday, Nov 7
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, NOVEMBER 7, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting in the Oval Office […]
Japan September Household Spending Posts 7th Straight Y/Y Drop as Lingering Heat Wave Dents Demand for Autumn Goods, High Costs Hurt
–Q3 Core Spending Down 0.8% Q/Q for 3rd Straight Fall, Indicating Sluggish Consumption in Q3 GDP –Move to Discount Mobile Phone Plans Continues, Pushing Down Spending–Eating Out, Travel Solid; Demand for Automobiles Up on Improved Supply Chains –Real Household Income Posts 12th Straight Y/Y Drop on Elevated Costs Despite Nominal Wage Hikes By Max Sato […]