Japan September Producer Inflation Eases Further to 2.0% from August’s 3.3% on Energy Subsidies, Plunging Lumber Prices
–September’s 2.0% Y/Y Rise Stays Lowest Since +1.0% in March 2021 –Producer Prices Post 1st M/M Drop in 3 months as Fuels Costs Slip After Recent Rebound By Max Sato (MaceNews) – Producer inflation in Japan eased for the ninth straight month in September, staying at an over two-year low, as the government’s utility subsidies […]
Japan August Core Machine Orders Edge Down for 2nd Straight M/M Drop as Overall Demand for Computers Takes a Breather After Recent Gains
–Demand for Computers and Communications Equipment Rises Among Some Industries –Cabinet Office Keeps View: Machine Orders Pausing By Max Sato (MaceNews) – Japanese core machinery orders, the key leading indicator of business investment in equipment, came in weaker than expected with a slight but second straight drop on the month in August as demand for […]
White House and Other Schedules for Wednesday, Oct 11
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, OCTOBER 11, 2023 In the morning, the President will deliver remarks announcing new actions to protect consumers from hidden junk […]
White House and Other Schedules for Tuesday, Oct 10
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 SCHEDULEFOR TUESDAY, OCTOBER 10, 2023 In the morning, the President will receive the President’s Daily Brief. The Vice President will attend. This […]
Fed Vice-Chair Jefferson: Inflation Too High but Fed ‘Should Proceed Carefully’
– Jefferson: Must Be Mindful of Downside Risks; Tighter Financial Conditions – Dallas Fed’s Logan: Must Stay Restrictive to Cut Inflation ‘In Timely Way’ By Steven K. Beckner (MaceNews) – Federal Reserve Vice Chair Phillip Jefferson declined Monday to conclude that the Fed has raised interest rates enough but said it should be careful to […]
White House and Other Schedules for Monday, Oct 9
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 SCHEDULEFOR MONDAY, OCTOBER 9, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
White House and Other Schedules for Friday, Oct 6
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, OCTOBER 6, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan August Household Spending Posts 6th Straight Y/Y Drop as Frugal Patterns Linger Amid High Costs, But Up M/M After Pullback
–Spending on Ceremonies Down; Move to Discount Mobile Phone Plans Continues–Traveling, Eating Out Remain Strong in Absence of Covid Restrictions –Real Household Income Posts 11th Straight Y/Y Drop on Elevated Costs Despite Nominal Wage Hikes By Max Sato (MaceNews) – Japan’s real household spending posted its sixth straight drop on the year in August as […]
Support for Italian PM Drops Over Deteriorating Economic Outlook
–Little fiscal room for tax cuts — Govt to raise yearly debt issuance to €350bln By Silvia Marchetti ROME (MaceNews) – For the first time since her appointment as Italian prime minister one year ago, support for Giorgia Meloni is dropping as voters fear she will not deliver promised tax cuts amid a deteriorated outlook […]
White House and Other Schedules for Thursday, Oct 5
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 SCHEDULEFOR THURSDAY, OCTOBER 5, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]