Preview: Bank of Canada Set to Cut Policy Rate by 25 Basis Points amid Signs of Easing Inflation, Slowing Economic Activity
By Max Sato (MaceNews) – The Bank of Canada is widely expected on Wednesday to lower its policy interest rate — the target for overnight lending rates — by 25 basis points to 4.75% to help reduce high mortgage rates and other borrowing costs in light of easing inflation and slower economic growth, but some […]
Fed’s Beige Book Shows Lukewarm Growth, Less Jobs Pressure, Retail and Auto Sales Mostly Flat
WASHINGTON (MaceNews) – The Federal Reserve’s survey of economic activity coast-to-coast Wednesday showed generally lackluster growth but only two districts – Dallas and Boston – with little or no improvement. The survey, prepared for the June 11-12 Federal Open Market by the Dallas Fed found most districts with ‘negligible to modest” job gains, prices increasing […]
Fed’s Powell: Rate Hike Unlikely; Fed More Apt To Keep Policy ‘Restrictive’ For Longer
Fed’s Powell repeats policy likely to remain restrictive for longer
White House and Other Schedules for Tuesday, May 14
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, MAY 14, 2024 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 Monday, May 13
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, MAY 13, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]
Fed Officials Continue to Urge Caution, Delay on Cutting Interest Rates
Fed officials urge caution on rate cuts
White House and Other Schedules for Friday, May 10
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, MAY 10, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the […]
White House and Other Schedules for Thursday, May 9
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 SCHEDULEFOR THURSDAY, MAY 9, 2024In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the […]
White House and Other Schedules for Wednesday, May 8
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 8, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President […]
White House and Other Schedules for Tuesday, May 7
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 DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, MAY 7, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will deliver […]