FOMC Minutes Show Central Bank Bedeviled by Uncertainty, Unsure of Future Rate Cuts But Still Hoping For This Year
WASHINGTON (MaceNews) – The Federal Open Market Committee’s latest meeting saw a cautious wariness about the possible arrival of worse data – anticipating the day’s CPI — but still hopeful for a rate cut or more later this year, according to the minutes of the meeting released Wednesday. The portion of the minutes devoted to […]
Bank of Canada Keeps Policy Rate at Restrictive 5% for 6th Straight Meeting but Points to Easing Price, Wage Pressures; Governor Won’t Rule Out a June Rate Cut
–Governing Council Looking for Evidence Downward Momentum in Inflation Is Sustained–Governor Macklem: Lowering Policy Rate Too Early or Cutting Too Fast Could Jeopardize Progress Made Bringing Inflation Down–Macklem: A June Rate Possible on Condition Policymakers Become More Confident that Inflation is Clearly on Path to 2% By Max Sato (MaceNews) – The Bank of Canada […]
White House and Other Schedules for Wednesday, April 10
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, APRIL 10, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the President and the […]