Powell: Fed Ready to Raise Rates Further To Reduce Inflation To 2%
– Funds Rate Now ‘Restrictive’ But Unsure If It’s ‘Sufficiently Restrictive’ – FOMC Can Afford to Proceed ‘Carefully’ – Will Watch for Evidence of Progress on Inflation, Labor Market Tightness By Steven K. Beckner (MaceNews) – Federal Reserve Chair Jerome Powell expressed a mild, but clear bias toward additional monetary tightening in an anxiously awaited […]
White House and Other Schedules for Friday, Aug 25
WASHINGTON (MaceNews) – The following are Friday’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: DAILY GUIDANCE AND PRESS SCHEDULEFOR FRIDAY, AUGUST 25, 2023 The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, […]