Transcript: Fed Chair Powell’s Post-FOMC Q&A

WASHINGTON (MaceNews) – Federal Reserve Chair Jerome Powell’s opening statement at his post-Federal Open Market Committee news conference Wednesday followed by his answers to reporters’ questions: Price stability is the responsibility of the Federal Reserve and serves as the bedrock of our economy. Without it the economy does not work for anyone. In particular, we […]

FOMC Does the Expected, a 0.75% Rate Hike Along With a By-the-Numbers Policy Statement

WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday delivered its third consecutive 0.75% federal funds rate hike as expected, limiting its policy statement mostly the language already used on July 27. There were no dissents. The policy statement follows: Recent indicators point to modest growth in spending and production. Job gains have been robust […]

White House and Other Schedules for Wednesday, Sept 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. data and Federal Reserve events:    COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, SEPTEMBER 21, 2022 – THURSDAY, SEPTEMBER 22, 2022 Wednesday, September 21, 2022 In the morning, the President will deliver […]

White House and Other Schedules for Tuesday, Sept 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. data and Federal Reserve events:    COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULEFOR TUESDAY, SEPTEMBER 20, 2022 – THURSDAY, SEPTEMBER 22, 2022 Tuesday, September 20, 2022 In the afternoon, the President will deliver […]

White House and Other Schedules for Monday, Sept 19

White House and Other Schedules for Monday, Sept 19 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. data and Federal Reserve events:    COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FOR LONDON, UNITED KINGDOM In the morning, the President and the […]

White House and Other Schedules for Saturday and Sunday

WASHINGTON (MaceNews) – The following are Saturday and Sunday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FOR LONDON, UNITED KINGDOMSaturday, September 17, 2022 In the morning, the President and the First Lady will depart […]

White House and Other Schedules for Friday, Sept 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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, SEPTEMBER 16, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]

Analysis: Fed to Stay on Aggressive Tightening Path Sept. 21

By Steven K. Beckner (MaceNews) – Federal Reserve policymakers are unlikely to find a reason to slow their monetary tightening campaign at their Federal Open Market Committee meeting next week, and increasingly the expectation is that they will raise interest rates at least as aggressively as they did at their previous two meetings.  Although hopes for a […]

White House and Other Schedules for Thursday, Sept 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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, SEPTEMBER 15, 2022    In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]

White House and Other Schedules for Wednesday, Sept 14

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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, SEPTEMBER 14, 2022   In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]