White House and Other Schedules for Friday, June 23
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 SCHEDULE FOR FRIDAY, JUNE 23, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, […]
White House and Other Schedules for Thursday, June 22
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, JUNE 22, 2023In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]
Powell Repeats Further Rate Hike Signal; Objects to ‘Pause’ Description
– Outlines Fed’s Balance Sheet Reduction Strategy By Steven K. Beckner (MaceNews) – Federal Reserve Chair Jerome Powell reaffirmed Wednesday his strong message that the Fed will be raising short-term interest rates again in all probability. Testifying on the Fed’s semi-annual Monetary Policy Report to Congress, Powell largely reiterated what he said last Wednesday after the Fed’s […]
White House and Other Schedules for Wednesday, June 21
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 and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JUNE 21, 2023In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the […]
White House and Other Schedules for Tuesday, June 20
WASHINGTON (MaceNews) – The following are Tuesday’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 MONDAY, JUNE 19, 2023 In the morning, the President will receive the President’s Daily Briefing. This meeting will be closed […]
White House and Other Schedules for Friday, June 16
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 SCHEDULE FOR FRIDAY, JUNE 16, 2023 In the morning, the President will receive the President’s Daily Briefing. This meeting will be closed press. […]
White House and Other Schedules for Thursday, June 15
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, JUNE 15, 2023 In the morning, the President will receive the President’s Daily Briefing. This meeting will be closed […]
FOMC Keeps 5-5.25% Funds Rate but Warns Hikes Will Resume If Inflation Disappoints
– Powell: Not Enough Progress on Core Inflation; ‘Have to Keep at It’ – Fed Will Do ‘Whatever It Takes’ To Reduce Inflation to 2% – FOMC Participants Revise Funds Rate Projections Higher: FFR Seen At 5.6% End 2023 By Steven K. Beckner (MaceNews) – Interrupting its long campaign of anti-inflationary monetary tightening measures, the […]
TRANSCRIPT: Federal Reserve Chair Jerome Powell’s Post-FOMC News Conference
WASHINGTON (MaceNews)- The following is the transcript of Federal Reserve Chair Jerome Powell’s news conference held after the Federal Open Market Committee meeting that concluded Wednesday: Since early last year, the FOMC has tightened the stance of monetary policy. We have raised our policy interest rate by five percentage points and continued to reduce our […]
FOMC Hints at Further Rate Hikes This Year While Holding Steady This Time
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday said it is “maintaining” its current rate stance to allow an assessment of “additional information” but quarterly “dot plot” projections suggested perhaps two more rate hikes this year and a terminal rate around 5.6%. The policy statement follows: Recent indicators suggest that economic activity has continued […]