FOMC Minutes See Participants Acknowledge Possible Need to Slow Pace of Tightening
WASHINGTON (MaceNews) – Wednesday’s minutes of the latest Federal Open Market Committee meeting contained several references to a possibility the pace of rate hikes could soon slow while emphasizing the more important consideration is the still unspecified ultimate terminal rate. The less-hawkish-than expected minutes turned U.S. stock markets from mild negatives to moderate positives, at […]
US Consumer Inflation Expectations, Unemployment Worries Rise in October, NY Fed Reports
NEW YORK (MaceNews) – US consumer inflation expectations bumped up in October from September, paced by much higher expected gas prices, according to a survey from the Federal Reserve Bank of New York. The median expectation for inflation one year ahead among survey respondents rose to 5.94% in October from 5.44% in September and 5.75% […]
White House and Other Schedules for Friday, Nov 4
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, NOVEMBER 4, 2022 In the morning, the President will deliver remarks at an American technology company that will benefit from passage […]
FOMC Hikes 75 BPS As Expected; Adds Language to Anticipate Stance ‘Sufficiently’ Restrictive
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday hiked the federal funds rates another 75 basis points as widely expected, adding language in the policy statement that highlights the need to reach a stance that is sufficiently restrictive allowing for lags in policy effects. The decision prompted an immediate improvement in U.S. stocks and […]
White House and Other Schedules for Wednesday, Nov 2
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, NOVEMBER 2, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, […]
US October ISM Manufacturing Index Slips Further on Widespread Lower Demand
–ISM: New Orders Remain in Contraction; Employment at Breakeven Point –ISM: Firms Using Hiring Freezes, Attrition to Cope with Softer Demand in Future –ISM’s Fiore: Survey Indicates Contraction Ahead, Not Necessarily Recession; Collapse of New Orders Unlikely –Fiore: Contracting New Export Orders Concerning; China Down, Worst for Europe Yet to Come By Max Sato (MaceNews) […]
White House and Other Schedules for Tuesday, Nov 1
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, NOVEMBER 1, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]
White House and Other Schedules for Friday, Oct 27
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 28, 2022 In the evening, the President will travel from Wilmington, Delaware to Philadelphia, Pennsylvania. The departure from Delaware Air […]
Japan September Jobless Rate Inches Up to 2.6% As More People Quit for Other Opportunities 
–Unemployment at 2.5% in August, 2.6% from May to July Vs. April’s 2-Year Low 2.5% –More People Quit to Seek Other Openings Vs. August, Last September –Employment Growth Up Sharply Y/Y After Posting 1st Drop in 4 months in July –Number of Unemployed Marks 15th Straight Y/Y Drop; Still Above January 2020 Level By Max […]
White House and Other Schedules for Thursday, Oct 27
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 27, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]