Excerpts From US FSOC Digital Assets Report Recommendations: Risks Need to Be Addressed

WASHINGTON (MaceNews) – The Financial Stability Oversight Council of government regulators, including Treasury and the Federal Reserve, Monday recommended Congress consider additional guardrails for the crypto industry, increased enforcement of existing regulations and enhanced cooperation among the agencies, stopping short of endorsing any particular legislative measures currently being offered. In comments during the afternoon meeting, […]

White House and Other Schedules for Monday, Oct 3

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 3, 2022 In the morning, the President and the First Lady will travel to Ponce, Puerto Rico. The departure from the South Lawn will be open press. The departure […]

BOJ September Meeting Summary: Watch for Inflation, Pandemic, Global Recession

By Max Sato (MaceNews) – Bank of Japan board members debated upside risks to inflation without substantial wage growth, which could be made worse by the lingering drag from the pandemic, according to the summary of opinions expressed at the bank’s Sept. 21-22 meeting released Monday. The summary, a preview of the minutes to be […]

BOJ Q3 Tankan Business Sentiment: Manufacturers Weaker, Services Up

–Manufacturers Cautious Amid Dimmer Global Growth Outlook  –Services Upbeat as Govt Refrains from Imposing Strict Covid Rules  –Business Confidence Seen Mostly Lower in December Amid Uncertainty –Firms, Large and Small, Further Revise Up Their Combined FY22 Capex Plans By Max Sato (MaceNews) – Confidence among major manufacturers in Japan unexpectedly slipped for the third straight […]

White House and Other Schedules for Friday, Sept 30

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, SEPTEMBER 30, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]

St. Louis Fed’s Bullard: Strong Labor Market Gives Fed ‘Room to Maneuver’

– To Reduce Inflation Rates Must Rise ‘Pretty Rapidly,’ Stay ‘Higher For Longer’ – Slower Growth Raises Recession Risk In Event Of Shock; Might Require Adjustment – Once Appropriate Rate Level Reached Can Move To ‘Ordinary,” Data-Dependent Policy By Steven K. Beckner (MaceNews) – Were some “shock” to tip the U.S. economy into recession, the […]

White House and Other Schedules for Thursday, Sept 29

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, SEPTEMBER 29, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]

White House and Other Schedules for Wednesday, Sept 28

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, SEPTEMBER 28, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]