White House and Other Schedules for Thursday, July 13
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. economic data and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JULY 13, 2023 In the afternoon, the President will participate in a bilateral meeting with President Sauli Niinistö […]
Bank of Canada Raises Policy Rate to 22-Year High of 5% After Policymakers Debate Option of Keeping Rate at 4.75%
–BOC Governor Macklem: Monetary Policy Working but Underlying Inflationary Pressures More Stubborn –Macklem: Our Job is Not Done Until Inflation is Centered on 2% Target –Macklem: Trying to Balance Risks of Under- and Over-Tightening Policy –BOC Quarterly Report: CPI to Slow to 2% Target in mid-2025, About 6 months Later Than Expected in April By […]
Fed’s Beige Book Sees Economy Up Only ‘Slightly’ as Inflation at Modest Pace
WASHINGTON (MaceNews) – The national economy advanced but only slightly in the past six weeks, as price hikes were modest, hiring modest and manufacturing input costs “eased notably,” the Federal Reserve’s Beige Book survey suggested Wednesday. Five regional Fed bank districts reported slight growth, five noted no change and two – Philadelphia and San Francisco […]