White House and Other Schedules for Wednesday, May 1

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. economic data DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MAY 1, 2024  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, the President will participate […]

White House and Other Schedules for Tuesday, April 30

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. economic data DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, APRIL 30, 2024  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will […]

Bank of Canada Keeps Policy Rate at Restrictive 5% for 6th Straight Meeting but Points to Easing Price, Wage Pressures; Governor Won’t Rule Out a June Rate Cut

–Governing Council Looking for Evidence Downward Momentum in Inflation Is Sustained–Governor Macklem: Lowering Policy Rate Too Early or Cutting Too Fast Could Jeopardize Progress Made Bringing Inflation Down–Macklem: A June Rate Possible on Condition Policymakers Become More Confident that Inflation is Clearly on Path to 2% By Max Sato (MaceNews) – The Bank of Canada […]

Preview: Bank of Canada Expected to Keep Policy Rate at 5%, Facing Tough Decision Ahead as Jobless Rate Rises but Wage Pressures Remain 

–Governing Council Monitoring Inflation Expectations, Wage Growth, Corporate Pricing–Governor Macklem Wants to See Clear Downward Momentum in Underlying Inflation By Max Sato (MaceNews) – The Bank of Canada is widely expected to maintain its policy interest rate – the target for overnight lending rates – at 5.0% on Wednesday for the sixth straight meeting as […]

FOMC Leaves Funds Rate Unchanged; No Clear Signal When Rate Cuts To Start

– 2024 Rate Cut Projections Stay at Three – to 4.6%; Rate Cuts Trimmed for 2025, 2026 – Powell: FOMC Wants ‘Confirmation’ Inflation Falling After Jan, Feb Data – Powell: FOMC Could Decide To Curb Balance Sheet Run-off “Fairly Soon” By Steven K. Beckner (MaceNews) – Not long ago, many were expecting the Federal Reserve […]