EXCLUSIVE: Ex-BOJ Momma Says BOJ May Raise Rates at Year End if Outlook for Sustained Wage Hikes Emerges; Initial Rate Move More Likely Next Spring or Summer
–Momma Sees 20% Chance of BOJ Achieving Stable 2% Inflation in A Year, Up from Zero 6 to 12 Months Ago –Momma: Cost-Push Inflation Prompting Wage Hikes Amid Labor Shortages By Max Sato TOKYO (MaceNews) – The Bank of Japan is focused on riding the wave of wage hikes to achieve stable 2% inflation by […]
White House and Other Schedules for Thursday, June 1
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 1, 2023 In the morning, the President will deliver the commencement address at the United States Air Force Academy […]
Fed’s Beige Book Survey Sees Little Slowing With Consumption Higher In Most Districts
WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic conditions coast-to-coast Wednesday found little change overall, with consumption “steady or higher,” labor still tight, manufacturing “flat to up” and supply conditions continuing to improve. The survey, assembled by the Chicago Fed, was tempered by some downsides, saying “high inflation and the end of […]
White House and Other Schedules for Wednesday, May 31
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, MAY 31, 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 Tuesday, May 30
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: (The transcript of Sunday’s White House background briefing for the press on the debt-limit deal is at: https://macenews.com/transcript-white-house-press-backrounder-on-debt-limit-deal/ or macenews.com) DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, […]
White House and Other Schedules for Friday, May 26
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 FORFRIDAY, MAY 26, 2023 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 Thursday, May 25
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, MAY 25, 2023In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
FOMC Minutes Show Uncertainty About Any June Rate Hike
WASHINGTON (MaceNews) – The Federal Open Market Committee participants were not sure what is their most likely policy decision at their June meeting as the Fed staff repeated its outlook for a mild recession at year end or early next year, the meeting minutes showed Wednesday. In fact, the staff told the meeting that the […]
White House and Other Schedules for Wednesday, May 24
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: Update: In the morning, the President will receive the President’s Daily Briefing. The Vice President will attend. This meeting in the Oval Office will be closed […]
White House and Other Schedules for Tuesday, May 23
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 FORTUESDAY, MAY 23, 2023 In the afternoon, the President and the Vice President will have lunch. This lunch in the President’s […]