Well Spent

Federal Reserve Chairman Jerome Powell said on CBS News’ “60 Minutes” broadcast on the evening of the 4th (the morning of the 5th Japan time) that the monetary authority is likely to wait until after March before cutting interest rates. He said it was big. It explains to ordinary Americans the rationale for future interest … Read more

The US labor productivity index grew faster than market expectations in the fourth quarter of last year. Productivity continued to improve throughout 2023, contributing to boosting economic growth as inflation slowed. Key Point The non-agricultural sector labor productivity index (preliminary figures) increased by 3.2% annually compared to the previous quarter. The median economist forecast is … Read more

The number of job openings in the U.S. increased in December last year, contrary to market expectations, reaching the highest level in three months. On the other hand, the number of people leaving their jobs has decreased, suggesting that workers are becoming more cautious despite the fact that demand for labor remains strong. Key Point … Read more

S&P Global announced on the 24th that the preliminary Purchasing Managers Index (PMI) for January, which combines the US manufacturing and service industries, was the highest in seven months. Order growth has become more robust, giving companies more confidence in the demand outlook. Key Point Composite PMI preliminary value rose to 52.3 The median forecast … Read more

Federal Reserve Board Director David Bowman said on Wednesday that the controversial proposed increase in capital requirements for major banks would require “substantial changes” and that the U.S. central bank would not accept any amendments. He pointed out that he should seek comment on the matter. These moves may delay the final decision on the … Read more

U.S. inflation is likely to slow further this year, ending the year near the Federal Reserve’s 2% target. This is because the effects of the economic turmoil caused by the coronavirus pandemic are expected to further fade, and prices of some goods are expected to decline. The trend of slowing inflation is steadily pushing the … Read more

The U.S. financial authorities are trying to determine the right time to start considering how to step back from shrinking the company’s balance sheet. This suggests that the end may be closer than previously expected. Minutes from last month’s Federal Open Market Committee (FOMC) meeting discussed technical factors that will determine when to slow the … Read more