<strong><br>FOMC Lifts Funds Rate 75 BPs; Signals More Rate Increases To Curb Inflation</strong>
– Powell Signals Rate Hikes in July and Beyond; 50 Most Likely In July – Dot Plot Projects Elevated Funds Rate Amid Worse Inflation, Slower GDP, More Jobless – Officials See Funds Rate at 3.4% End 2022; 3.8% End 2023; 3.4% End 2024 – ‘Neutral’ Rate Revised Up, But Only by A Tenth By Steven K. Beckner (MaceNews) – Federal […]
White House and Other Schedules for Wednesday, June 15
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, JUNE 15, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, […]
White House and Other Schedules for Tuesday, June 14
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, JUNE 14, 2022 In the morning, the President will travel to Philadelphia, Pennsylvania. The departure from the South Lawn will be open […]
White House and Other Schedules for Monday, June 13
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, JUNE 13, 2022 In the morning, the President will return to the White House from Wilmington, Delaware. The departure from Wilmington, Delaware will […]
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 US data and Federal Reserve events: Saturday, June 11, 2022 The President will travel to Santa Fe, Mexico and meet with New Mexico Governor Michelle Lujan Grisham, State and local officials, first […]
FOMC Headed for June, July 50 BP Rate Hikes; Then Rate Path Uncertain
–September Meeting Could Be Pivotal for Monetary Policy By Steven K. Beckner (MaceNews) – Judging from what Federal Reserve policymakers have been saying, a total of 100 basis points of additional short-term interest rate hikes is baked in the cake at the Fed’s upcoming Federal Open Market Committee meeting and the following one in late […]
Fed’s Beige Book Survey Finds Some Slowing in Economic Growth Pace
Also Finds ‘Leveling Off’ of Wages and ‘Moderating’ Price Hikes Some Places By Steven K. Beckner (MaceNews) – The economy was showing more signs of slowing through the third week of May, according to the Federal Reserve’s latest survey of economic conditions around the nation, released Wednesday. And while labor markets remained tight, employment grew […]
White House and Other Schedules for Tuesday, May 31
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, MAY 31, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, […]
Fed’s Waller Backs Hiking Funds Rate 50 bp At ‘Several Meetings’
Won’t Take 50 bp Hikes Off the Table Until Inflation Closer To 2% Wants Funds Rate Above Neutral By Year’s End To Curb Demand Market Expectations For 250 bp Tightening ‘Consistent’ With FOMC Plans Prepared To Do More If Inflation Stays ‘Stubbornly High’ Hopes Fed Can Curb Inflation Without Sharp Rise in Unemployment By Steven […]
White House and Other Schedules for Monday, Memorial Day
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, MAY 30, 2022 In the morning, the President and the First Lady will return to the White House from Wilmington, […]