<strong>FOMC Raises Funds Rate 25 BP; Sees ‘Ongoing’ Rate Hikes</strong>
– Powell Welcomes ‘Disinflation’ but Says Fed Has More Work To Do – Doesn’t See Rate Cuts This Year; Sees at Least ‘A Couple More’ Hikes – Rates Likely Need to Stay ‘Higher For Longer’ To Get Inflation to 2% – Not Yet Seeing Disinflation in Core Services Ex-Housing By Steven K. Beckner (MaceNews) – […]
TRANSCRIPT: Fed Powell’s News Conference
WASHINGTON (MaceNews) – The following is the transcript provided by the Federal Reserve of Fed Chair Jerome Powell’s post-FOMC news conference Wednesday:
FOMC Leaves ‘Ongoing Increases’ Appropriate in Statement on Quarter Point Hike
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday raises the federal funds rate by a quarter point to as high as 4.75% as expected, signaling it’s series of tightening moves is not yet complete. The policy statement repeated the key sentence, “The Committee anticipates that ongoing increases in the target range will be appropriate […]
<strong>White House and Other Schedules for Wednesday, Feb 1</strong>
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 FOR WEDNESDAY, FEBRUARY 1, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
<strong>White House and Other Schedules for Tuesday, Jan 31</strong>
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 TUESDAY, JANUARY 31, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
<strong>White House and Other Schedules for Monday, Jan 30</strong>
WASHINGTON (MaceNews) – The following are Monday’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, JANUARY 30, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
Analysis: Odds Mount For 25 BP Rate Hike at Feb. 1 FOMC Meeting
By Steven K. Beckner (MaceNews) – As the Federal Reserve gets set to kick off its first monetary policy deliberations of 2023, it’s almost a foregone conclusion that Chair Jerome Powell and his colleagues will keep raising short-term interest rates, but speculation has been mounting for weeks that the Fed will further decelerate monetary tightening. […]
<strong>White House and Other Schedules for Friday, Jan 27</strong>
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, JANUARY 27, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
<strong>White House and Other Schedules for Thursday, Jan 26</strong>
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, JANUARY 26, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
<strong>White House and Other Schedules for Wednesday, Jan 25</strong>
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 FOR WEDNESDAY, JANUARY 25, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]