28 September, 2017 by The TZ Newswire Staff Comments Off on BOJ Summary of Opinions (Sept 20/21 meeting) – best to maintain current policy
BOJ Summary of Opinions (Sept 20/21 meeting) – best to maintain current policy
This ‘Summary’ precedes the minutes (which are not due until November 6)
– Best way to achieve price goal is to patiently maintain current easy policy
– BOJ must be ready to take necessary action if geopolitical risks heighten and threaten to revive deflation
Those quick summary points are via Reuters. Board members sound deflated (sry)
28 September, 2017 by The TZ Newswire Staff Comments Off on Japan Industrial Production (August preliminary): 2.1% m/m (expected 1.8%)
Japan Industrial Production (August preliminary): 2.1% m/m (expected 1.8%)
Industrial Production m/m for August (preliminary reading), 2.1% BEAT
– expected 1.8%, prior -0.8%
Industrial Production 5.4% y/y (preliminary) BEAT
– expected 5.2%, prior 4.7%
Forecasts:
28 September, 2017 by The TZ Newswire Staff Comments Off on Japan Retail Trade (August): -1.7% m/m (expected -0.5%)
Japan Retail Trade (August): -1.7% m/m (expected -0.5%)
Retail Trade for August -1.7% m/m MISS
– expected -0.5%, prior 1.1%
Retail Trade 1.7%% y/y MISS
– expected 2.5%, prior 1.8%
28 September, 2017 by The TZ Newswire Staff Comments Off on Chart of the Day: 2017 Is the Shallowest Year on Record
Chart of the Day: 2017 Is the Shallowest Year on Record
FS Staff – This chart is making the rounds on Twitter right now. Liz Ann Sonders (@LizAnnSonders), Chief Investment Strategist at Charles Schwab, brought it to our attention. It shows the maximum drawdown in the S&P 500 each year going back to 1914…
28 September, 2017 by The TZ Newswire Staff Comments Off on Project Syndicate: Puerto Rico needs relief, and then major investments in its power grid
Project Syndicate: Puerto Rico needs relief, and then major investments in its power grid
Puerto Rico needs more than hurricane relief, it needs to rebuild, with an initial and essential focus on a more robust and cheaper supply of electricity, writes Simon Johnson.
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28 September, 2017 by The TZ Newswire Staff Comments Off on Capitol Report: Price says he’ll reimburse taxpayers, stop taking private charter flights
Capitol Report: Price says he’ll reimburse taxpayers, stop taking private charter flights
Health and Human Services Secretary Tom Price says he’ll reimburse taxpayers for the charter flights he has taken on official business and that he’ll stop taking such flights while at HHS.
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28 September, 2017 by The TZ Newswire Staff Comments Off on Port Authority weighs replacing bus terminal with new one
Port Authority weighs replacing bus terminal with new one
The Port Authority of New York & New Jersey appears to be leaning toward building a new bus terminal on the Eighth Avenue site, rather than opting to expand at another location. During a board meeting on Thursday, the Port Authority of New York and New Jersey’s chief of major capital projects Steven Plate said the “build-in-place” option is “potentially viable” from a construction and operation perspective, Crain’s reported. The agency has been considering multiple […]