Japan Appears to Have Sold Dollars in Stealth Intervention to Slow Yen’s Slide
–Currency Intervention Suspected as Dollar Slumps from Above Y151 to Under Y146 in New York Friday –Vice Finance Minister Kanda Declines Comment to Reporters in Tokyo–Yen Remains Weak Amid Wide US-Japan Rate Gap; BOJ Seen Keeping Easy Stance By Max Sato (MaceNews) – The Japanese government and the Bank of Japan appear to have stepped […]
White House and Other Schedules for Friday, Oct 21
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, OCTOBER 21, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]
White House and Other Schedules for Thursday, Oct 20
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, OCTOBER 20, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
Fed’s Beige Book Survey Finds Mixed Signals As Economy Keeps Expanding ‘Modestly’
WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic conditions coast to coast Wednesday picked up a continuing modest expansion with ripples of softening prices and wage growth amid some signs of weakening demand. The wavering of some important indicators suggested a transition under way as rising interest rates recalibrate consumption and moderate […]
White House and Other Schedules for Wednesday, Oct 19
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, OCTOBER 19, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
BofA Global Research Fund Manager Survey: Cash Levels at 2001 Highs As Investors See Economic Weakness, Consider Eventual Fed Pivot
– – Inflation is Chief Concern; Rising Fear of Systemic Credit Event By Vicki Schmelzer NEW YORK (MaceNews) – Fund managers’ cash levels rose in October to highs last seen in 2001 as investors feared economic weakness and pondered the timing of an eventual Federal Reserve policy pivot, according to the findings of Bank of […]
White House and Other Schedules for Tuesday, Oct 18
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: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, OCTOBER 18, 2022 In the afternoon, the President will deliver remarks at a political event at the Howard Theatre in Washington D.C. […]
Italy’s Lower Growth Forecasts Limit New Government’s Spending Leeway
White House and Other Schedules for Monday, Oct 17
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: DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, OCTOBER 17, 2022In the afternoon, the President will return to the White House from Wilmington, Delaware. The departure from Delaware Air National […]
Fed Gov. Cook: Fed Will Keep Monetary Policy Restrictive ‘Until the Job Is Done’
– San Francisco Fed’s Daly Says Raise Rates To ‘Appropriate’ Level Then ‘Look Around’ By Steven K. Beckner (MaceNews) – Federal Reserve Governor Lisa Cook expressed a strong commitment to reducing inflation Friday, pledging to support a more restrictive monetary policy until inflation is brought down. Meanwhile, San Francisco Federal Reserve Bank President Mary Daly […]