Thursday March 3 Washington Schedules from Mace News
THE WHITE HOUSE DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, MARCH 3, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, the President will hold a Cabinet meeting in the Cabinet Room. The Vice President will attend. This meeting will have a pool spray at the […]
Fed’s Powell Will Ask for 25 bp Rate Hike March 16; First Of ‘Series’ of Rate Hikes
– But FOMC Will Withdraw Monetary Stimulus ‘Carefully’ To Avoid ‘Adding Uncertainty’ – Ultimate Aim is ‘Neutral’ Rate of 2-2.5%; Perhaps Higher; Must Act ‘With Care’ By Steven K. Beckner (MaceNews) – Russia’s invasion of Ukraine will not prevent the Federal Reserve from beginning to raise interest rates in two weeks, but it will make the Fed more cautious about withdrawing monetary […]
Bank of Canada Hikes Policy Rate To 0.50% From Record Low 0.25% To Fight Inflation
–BOC Keeps Reinvesting in Government Bonds on Its Balance Sheet –BOC: Russia’s Invasion of Ukraine ‘A Major New Source of Uncertainty’–BOC: Expect Further Rate Hikes As Economic Growth, Inflation Pressures Continue –BOC: To Consider Start of Quantitative Tightening Based on Economic Assessment By Max Sato (MaceNews) – The Bank of Canada on Wednesday raised its […]
Italy Government May Revise Fiscal Outlook, Cut Growth Forecasts Due to Ukraine Crisis – Sources
By Silvia Marchetti ROME (MaceNews) – Italy’s government could cut growth forecasts for this year and potentially raise deficit targets in the wake of the Ukraine crisis and its repercussions on the Italian economy, according to ruling coalition sources. “The extent of such impact is still to be fully weighed, but we might need to […]