ISM: US Services Sector Expands for 13th Straight Month in January; Index Rebounds on New Orders, Jobs After December’s Unexpected Dip

–ISM Services Index at 53.4 Vs. 12-Month Low of Revised 50.5 in December–ISM Supply Deliveries Slower for 1st time in 4 Months due to Shipping Delays–ISM’s Nieves: Congestion at Panama Canal More Serious Than Impact of Red Sea Conflict–Nieves: Higher Costs Concerning, Keeping Fed Cautious about Lowering Interest Rates   By Max Sato (MaceNews) – Business […]

White House and Other Schedules for Friday, Feb 2

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. economic data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, FEBRUARY 2, 2024  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]

White House and Other Schedules for Thursday, Feb 1

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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, FEBRUARY 1, 2023  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]

TRANSCRIPT: Fed’s Powell Dampens Hopes for March Rate Cut

WASHINGTON (MaceNews) – The following is a transcript of Federal Reserve Chair Jerome Powell’s news conference Wednesday, following the meeting of the Federal Open Market Committee: CHAIRMAN JEROME POWELL: Good afternoon. My colleagues and I remain squarely focus on our dual mandate to promote maximum employment and stable prices for the American people. The economy […]

FOMC Warns More Progress on Inflation Needed Before Any Rate Cuts

WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday added a warning to its stand-still policy statement, saying it does not “expect” to cut rates until it has “gained greater confidence” that inflation is moving sustainably lower toward the 2% target. The statement follows: Recent indicators suggest that economic activity has been expanding at a […]

White House and Other Schedules for Wednesday, Jan 31

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 and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, JANUARY 31, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]

White House and Other Schedules for Monday, Jan 29

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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, JANUARY 29, 2024  In the morning, the President will receive the President’s Daily Brief. This meeting in the Oval Office will […]

White House and Other Schedules for Friday, Jan 26

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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, JANUARY 26, 2024In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town […]

White House and Other Schedules for Thursday, Jan 25

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. economic data and Federal Reserve events: GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, JANUARY 25, 2024In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press.  Then, […]

White House and Other Schedules for Wednesday, Jan 24

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 and Federal Reserve events: GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, JANUARY 24, 2024 In the afternoon, the President will depart the White House en route to the Marriott Marquis, Washington, DC. […]