Analysis: Fed to Stay on Aggressive Tightening Path Sept. 21

By Steven K. Beckner (MaceNews) – Federal Reserve policymakers are unlikely to find a reason to slow their monetary tightening campaign at their Federal Open Market Committee meeting next week, and increasingly the expectation is that they will raise interest rates at least as aggressively as they did at their previous two meetings.  Although hopes for a […]

White House and Other Schedules for Thursday, Sept 15

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 15, 2022    In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]

Japan Seeking to Keep Yen Bears at Bay with Threat of Forex Intervention

–Tokyo Would Need Washington’s Consent and Help to Have Much Impact -US Has No Compelling Reason Yet to Step into FX Market–Japan’s Dollar Selling Ammunition Limited to Its Foreign Reserves By Max Sato (MaceNews) – Japanese policymakers are using verbal warnings and inquiries on market levels to stop the yen from depreciating rapidly against the […]

White House and Other Schedules for Wednesday, Sept 14

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 14, 2022   In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]

BofA Global Research Fund Manager Survey: Investor Sentiment ‘Super Bearish’ in September

By Vicki Schmelzer NEW YORK (MaceNews) – Global investor sentiment was “super bearish” in September, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday.   Accordingly, cash allocation rose to the “biggest overweight on record” and equity allocation fell to a “record underweight,” the survey said. Investors remained on high alert […]

White House and Other Schedules for Tuesday, Sept 13

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, SEPTEMBER 13, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]

White House and Other Schedules for Monday, Sept 12

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, SEPTEMBER 12, 2022   In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]

White House and Other Schedules for Saturday and Sunday

WASHINGTON (MaceNews) – The following are Saturday and Sunday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    WEEKEND GUIDANCE AND PRESS SCHEDULE FOR SATURDAY, SEPTEMBER 10, 2022 AND SUNDAY, SEPTEMBER 11, 2022   On Saturday, the President has no public events scheduled. On Sunday, the […]

White House and Other Schedules for Friday, Sept 9

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 9, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]

Bank of Canada’s Rogers: Long Way to Go Before High Inflation Returns to Target

–Senior Deputy Governor: To Keep High Inflation from Becoming Entrenched–Rogers: Some Early Signs of Rate Hikes Working, As in Housing Market Pullback–Rogers: Canadian Economy Strong, Can Cool and Stay in Positive Territory –Rogers: Higher Rates Are Adding Burden to Canadians but Need to Bring Inflation Down By Max Sato (MaceNews) – The Bank of Canada’s […]