FOMC: Tapering ‘May Soon Be Warranted’ If Progress Continues

Half of FOMC Participants Now See Funds Rate Hike By End 2022 Powell Says FOMC Could Announce Bond Buying Cuts At Nov. 2-3 Meeting Powell Says Inflation Test More Than Met; Employment Goal ‘All But Met’ By Steven K. Beckner (MaceNews) – The Federal Reserve took another incremental but very significant step toward making monetary […]

FOMC Policy Statement: Tapering ‘May Soon be Warranted’

WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday put off any declarations on when it might begin the tapering process other than saying “it may soon be warranted.” Inflation? It’s still largely transitory.. The text of the statement follows: The Federal Reserve is committed to using its full range of tools to support the […]

Commentary: Ignoring the US Housing Timebomb

WASHINGTON (MaceNews) – The latest trove of housing data Wednesday collected by the National Association of Realtors provided more definition to America’s bifurcated housing market, one in which the haves get what they want, expensive houses that are available for sharply escalating prices, and the have nots, the younger generations buying their first home, who […]

Wednesday September 22 Washington Schedules from Mace News

The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, SEPTEMBER 22, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will convene a virtual COVID Summit on the margins of the United Nations General Assembly. This event in the South Court Auditorium […]