FED’S BEIGE BK: ‘CONCERNS OVER AN INCREASED RISK OF RECESSION’

WASHINGTON (MaceNews) – The normally bland Beige Book survey of economic activity coast-to-coast included some dark clouds of pessimism in its latest iteration Wednesday, seeing increased risks of recession and “growing signs of a slowdown in demand.” The survey, for review at the next Federal Open Market Committee meeting toward the end of the month, […]

White House and Other Schedules for Wednesday, July 13

WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FOR ISRAEL AND THE WEST BANK Wednesday, July 13, 2022 In the afternoon, the President will arrive in Tel Aviv, Israel […]

White House and Other Schedules for Tuesday, July 12

WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JULY 12, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President […]

Fed’s George: Fed Must ‘Act Decisively’ Vs. Inflation, But Not Too Fast

– Case for Tightening ‘Clear-Cut’ But Speed ‘An Open Question’ – Hiking Rates Too Fast Could Create ‘Strains,’ Increase Recession Risks – Warns of Inverting Yield Curve, Upsetting Markets While Shrinking Balance Sheet – Urges More ‘Steady’ And ‘Predictable’ Rate Hikes By Steven K. Beckner (MaceNews) – Kansas City Federal Reserve Bank President Esther George […]

White House and Other Schedules for Monday, July 11

WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JULY 11, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]

White House and Other Schedules for Saturday and Sunday

WASHINGTON (MaceNews) – The following are the weekend’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JULY 9, 2022 AND SUNDAY, JULY 10, 2022  On Saturday, the President has no public events scheduled. On Sunday, the President and the […]

White House and Other Schedules for Friday, July 8

WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JULY 8, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]

White House and Other Schedules for Thursday, July 7

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:     DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JULY 7, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting in the […]

FOMC Minutes: Fed Officials Leaned Toward More Tightening Despite Downside Risks

– 50-75 BP Hike in July Envisioned – Policy Might Need to Become ‘Even More Restrictive” than Anticipated By Steven K. Beckner (MaceNews) – Federal Reserve officials tilted toward a more restrictive monetary policy at their mid-June Federal Open Market Committee meeting despite signs of a slowing economy, minutes released Wednesday reveal. Not only did […]

White House and Other Schedules for Wednesday, July 6

WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JULY 6, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]