Fed Officials Give Cautious but Conflicting Views on Road Ahead For Monetary Policy
By Steven K. Beckner (MaceNews) – Two Federal Reserve Bank presidents who had opposed the Fed’s mid-week interest rate cut, strongly defended their no votes on Friday while two other Fed presidents who will be voting on monetary policy next year gave conflicting indications on whether they will support moving rates lower. Broadly speaking, the […]
Preview: Forecasters See Japanese Machinery Orders Showing Retreat in October
Wednesday, Dec. 17, 20250850 JST (2350 GMT/1850 EST Tuesday, Dec. 16) The Cabinet Office releases October machinery orders.Mace News median: core orders -2.6% m/m (range: -5.0% to +2.7%) vs. Sept +4.2%; +3.6% y/y (range: +0.6% to +9.1%) vs. Sept +11.6% By Chikafumi Hodo TOKYO (MaceNews) – Japan’s core machinery orders, a key leading indicator of […]
Update: Preview: Forecasters See Modest Gain in Major Firms’ Business Sentiment in BOJ’s Tankan Survey
–Updates forecast figures for confidence among large non-manufacturing firms, capex plans for both large and smaller firms. Monday, Dec. 15, 2025 0850 JST (2350 GMT/1850 EST Sunday, Dec. 14) The Bank of Japan releases quarterly survey on business sentiment, plans and inflation outlook for the December quarter.Mace News medians: large mfg sentiment +15 vs. +14 […]
FOMC Cuts Funds Rate 25 BP, Projects Single 25 BP Cut By End Of 2026
– Powell Signals Pause, Saying FOMC Can Now ‘Wait and See’ How Economy Evolves – Powell: After 175 BP of Easing, Funds Rate in ‘Plausible’ Range of ‘Neutral’ – FOMC Declares Reserves ‘Ample’; to Start Buying Shorter Term Treasuires By Steven K. Beckner (MaceNews) – At their final monetary policy meeting of 2025 Wednesday, a […]
TRANSCRIPT: Fed Chair Powell Sees Policy Rate Within Range of Neutral Rate and Payrolls Now Negative
WASHINGTON (MaceNews) – The following is a rough transcript of Federal Reserve Chair Jerome Powell’s post-FOMC news conference Wednesday:
FOMC: Cuts Quarter Point as Expected but Trims Rate-Cut Outlook for Next Year to Only One
WASHINGTON (MaceNews) – The following is Wednesday Federal Open Market policy statement: Available indicators suggest that economic activity has been expanding at a moderate pace. Job gains have slowed this year, and the unemployment rate has edged up through September. More recent indicators are consistent with these developments. Inflation has moved up since earlier in […]
Japan Week Ahead: Markets Continue Betting on Dec. 19 BOJ Rate Hike After Governor Says Board to Debate Such Action, Noting Trade Uncertainty Fading
–BOJ Officials Gathering Intel on ‘Initial Momentum’ Toward Continued Wage Hikes in Fiscal 2026, Key to Justify Rate Action Amid Above-Target Inflation–Governor Ueda Stresses It Would Be Like Easing Off Accelerator, Not Stepping on the Brakes for Resilient but Feeble Economic Recovery By Max Sato (MaceNews) – Here are the key Japanese economic events for […]
Preview: Forecasters See Japan’s Producer Prices Up 2.7% in November from Year Ago, Unchanged from October
Wednesday, Dec. 10, 2025 0850 JST (2350 GMT/1850 EST Tuesday, Dec. 9) The Bank of Japan releases the November corporate goods price index. Mace News median: CGPI +2.7% y/y (range: +2.5% to +2.9%) vs. Oct +2.7%; +0.3% m/m (range: +0.2% to +0.5%) vs. Oct +0.4% By Chikafumi Hodo TOKYO (MaceNews) – Japan’s corporate goods price […]
Preview: Forecasters See Japan Q3 GDP Revised Lower to -0.5% on Quarter
Monday, Dec. 8 0850 JST (2350 GMT/1850 EST Sunday, Dec. 7) Cabinet Office releases the revised GDP for July-September 2025.Mace News median: -0.5% q/q (range -0.6% to -0.4%) vs. Q3 prelim -0.4%; -2.1% annualized (range -2.4% to -1.6%) vs. Q3 prelim -1.8%; +1.1% y/y (range +0.9% to +1.1%) vs. Q3 prelim +1.1% By Chikafumi Hodo […]
PREVIEW: JAPAN HOUSEHOLD SPENDING SEEN +1.6% ON YEAR IN OCT.
– Friday, Dec. 50830 JST (2350 GMT/1830 EST Thursday, Dec. 4) The Ministry of Internal Affairs and Communications releases the October average household spending. Mace News survey median forecasts: +1.6% y/y (range: +0.3% to +2.2%) vs. Sept +1.8%; +0.8% m/m (range: -0.1% to +2.7%) vs. Sept -0.7% By Chikafumi Hodo TOKYO (MaceNews) – Japan’s real […]