White House and Other Schedules for Wednesday, April 17
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 17, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will depart Scranton, […]
BofA Global Research Fund Manager Survey: Cash Levels Edge Up as Global Investors Rethink Inflation/Interest Rate View
By Vicki Schmelzer NEW YORK (MaceNews) – Cash allocations nudged higher in March, driven by global investors rethinking their views about inflation and the outlook for lower interest rates, according to BofA Global Research’s monthly fund manager survey, released Tuesday. Average cash balances were 4.4% this month compared to 4.2% in February and 4.8% […]
White House and Other Schedules for Thursday, March 7
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: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, MARCH 7, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
White House and Other Schedules for Thursday, Jan 25
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: GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, JANUARY 25, 2024In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, […]
Fed’s Kashkari: Not Ready To Say Fed Has Hiked Rates Enough To Curb Inflation
– But Says ‘Positive Signs’ Let FOMC ‘Take A Little More Time’ – Says FOMC ‘Long Way From Cutting Rates’ – Allows For Nominal Cuts at Some Point To Prevent Inadvertent Tightening of Real Rates – Warns Of Possible Bank Stress If Fed Has to Keep Raising Rates By Steven K. Beckner (MaceNews) – Minneapolis […]
White House and Other Schedules for Thursday, July 27
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: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, JULY 27, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Major Central Banks to Boost Dollar Liquidity to Calm Market Jitters over Bank Failures
By Max Sato (MaceNews) – Six major central banks said on early Monday Tokyo time that they are enhancing their joint efforts to provide ample funds to the financial markets under the scheme launched in 2009 in the aftermath of a global credit crunch, as investor concerns are growing over the health of financial institutions […]
Analysis: Choice of Italy’s Next Finance Minister Key for Incoming Government’s Credibility, ‘Fight’ Against ECB Rate Hikes Ahead
–ECB’s Panetta a possible candidate By Silvia Marchetti ROME (MaceNews) – The choice of who will be Italy’s next economy and finance minister will be key in determining the winning center-right coalition’s credibility on world markets, and its power in campaigning against more European Central Bank rate hikes. The center-right alliance, which includes the far-right […]
Italy’s Rightists Election Victory Leaves Shaky Financial Outlook — Explainer
By Silvia Marchetti ROME (MaceNews) – The right-wing coalition victory on Sunday will likely lead Italy to a super-accommodative, risky economic and fiscal stance as parties forming the alliance have all pledged tax cuts and more spending to support the economy. With final results yet to be released, the far-right Brothers of Italy group won […]
ECB Lifts Interest Rates By 75 Basis Points; More Hikes in the Pipeline
By Laurie Laird LONDON (MaceNews) – The European Central Bank raised its three main borrowing rates by 75 basis points on Thursday and promised to tighten further with inflation at a record high and moving further from its target. “We are so far away from the rate that will return us to 2%,” said ECB […]