Category: Rates

FOMC Minutes: Fed Officials Leaned Toward More Tightening Despite Downside Risks

– 50-75 BP Hike in July Envisioned – Policy Might Need to Become ‘Even More Restrictive” than Anticipated By Steven K. Beckner (MaceNews) – Federal Reserve officials tilted toward a more restrictive monetary policy at their mid-June Federal Open Market Committee meeting despite signs of a slowing economy, minutes released Wednesday reveal. Not only did […]

White House and Other Schedules for Thursday, June 16

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JUNE 16, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, […]

White House and Other Schedules for Wednesday, June 15

WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JUNE 15, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, […]

BofA Global Research Fund Manager Survey: Investors Gloomy as US Stocks Enter Bear Market

–Stagflation fears rise By Vicki Schmelzer NEW YORK (MaceNews) – Global investor sentiment turned dire in June as U.S. stocks entered bear market territory, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday.   “History is no guide to future performance but if it were, today’s bear market would end on […]

White House and Other Schedules for Tuesday, June 14

WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JUNE 14, 2022  In the morning, the President will travel to Philadelphia, Pennsylvania. The departure from the South Lawn will be open […]

White House and Other Schedules for Monday, June 13

WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 13, 2022  In the morning, the President will return to the White House from Wilmington, Delaware. The departure from Wilmington, Delaware will […]

FOMC Headed for June, July 50 BP Rate Hikes; Then Rate Path Uncertain

–September Meeting Could Be Pivotal for Monetary Policy By Steven K. Beckner (MaceNews) – Judging from what Federal Reserve policymakers have been saying, a total of 100 basis points of additional short-term interest rate hikes is baked in the cake at the Fed’s upcoming Federal Open Market Committee meeting and the following one in late […]

ECB Preannounces July Rate Hike of 25 Basis Points

–Leaves Open Possibility of Bigger Rise in September By Laurie Laird LONDON (MaceNews) – The European Central Bank will raise interest rates by a quarter percentage point at its next meeting in July with another – potentially larger increase – slated for September, the ECB announced Thursday. “Inflation is undesirably high,” said ECB President Christine […]