<strong>White House and Other Schedules for Thursday, Dec 1</strong>
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, DECEMBER 1, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
<a href="https://craft.macenews.com/admin/entries/stories/49095-feds-powell-slower-pace-of-rate-hikes-coming-but-fed-has-more-to-do">Fed’s Powell: Slower Pace of Rate Hikes Coming, But Fed Has More To Do</a>
By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell said Wednesday the Fed will be slowing the pace of interest rate hikes as soon as the mid-December meeting of the Fed’s policymaking Federal Open Market Committee, but made clear a slowing does not mean that the FOMC will soon stop raising rates, much […]
Fed’s Beige Book Survey Takes Negative Turn; Seven Districts Flat or Down
WASHINGTON (MaceNews) – After years of readings of “modest to moderate” expansion, the latest Federal Reserve Beige Book survey of economic conditions coast to coast Wednesday assumed a negative cast, with a majority of Fed regional banks reported no expansion or declines. “Interest rates and inflation continued to weigh on activity” the survey found. Consumers […]