White House and Other Schedules for Friday, Oct 14

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 14, 2022  In the afternoon, the President will depart Los Angeles, California en route Orange County, California. The departure from Los […]

White House and Other Schedules for Thursday, Oct 13

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 13, 2022 In the morning, the President will deliver remarks on how Bipartisan Infrastructure Law investments are helping to improve […]

FOMC Minutes Don’t Surprise; Riskier to Do Too Little

WASHINGTON (MaceNews) – The minutes of the latest Federal Open Market Committee meeting Wednesday largely mirrored the comments of Fed Chair Jerome Powell at the time, prompting benchmark Treasury security yields to ease as participants agreed it is riskier to tighten too little than too much. The minutes held no solace for anyone hoping for […]

White House and Other Schedules for Wednesday, Oct 12

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 12, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting in the Oval Office […]

Fed’s Mester: Monetary Policy ‘Not Yet Restrictive’; Needs Be So ‘For Some Time’

– Risks of Doing ‘Too Little’ Tightening Outweigh Risks of ‘Doing Too Much’ – Won’t Back Slower Tightening Pace Until She Sees Inflation Moving Down By Steven K. Beckner (MaceNews) – Despite 300 basis points of short-term interest rate hikes, monetary policy is still not restrictive, and the Federal Reserve needs to keep raising rates […]

White House and Other Schedules for Tuesday, Oct 11

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 11, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]

Chicago Fed’s Evans: Fed Must Make Policy More Restrictive but Not ‘Overdo’ It

– Fed Should Look for Place to ‘Rest’ in Raising Rates By Steven K. Beckner (MaceNews) – Chicago Federal Reserve Bank President said Monday that the Fed needs to keep making monetary policy more “restrictive,” but warned against “overdoing” its interest rate increases and suggested it should look for a place to “rest” or pause […]

Analysis: Choice of Italy’s Next Finance Minister Key for Incoming Government’s Credibility, ‘Fight’ Against ECB Rate Hikes Ahead

–ECB’s Panetta a possible candidate By Silvia Marchetti ROME (MaceNews) – The choice of who will be Italy’s next economy and finance minister will be key in determining the winning center-right coalition’s credibility on world markets, and its power in campaigning against more European Central Bank rate hikes. The center-right alliance, which includes the far-right […]

White House and Other Schedules for Monday, Oct 10

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 10, 2022 In the afternoon, the President will return to the White House from Wilmington, Delaware. The departure from […]

White House and Other Schedules for Friday, Oct 7

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 7, 2022 In the morning, the President will travel to Hagerstown, Maryland. The departure from the South Lawn will be open press. The […]