White House and Other Schedules for Monday, Sept 18
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: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULEFOR MONDAY, SEPTEMBER 18, 2023 – WEDNESDAY, SEPTEMBER 20, 2023 Monday, September 18, 2023 In the morning, the President will […]
Bank of Canada Governor Macklem: Ready to Tighten Further If Needed as Inflation above 3% Still Too High for 2% Target
–Macklem: Too Early to Discuss Lowering Interest Rates–Macklem: Could Start Easing if Conditions Met but ‘We Are Not There Yet’–Macklem: Policy Decisions are Getting Difficult, Aware Canadians Feeling Pain of Higher Rates By Max Sato (MaceNews) – Bank of Canada Governor Tiff Macklem said Thursday that the bank’s policymakers are prepared to raise interest rates […]
Bank of Canada Keeps Policy Rate at 22-Year High of 5% After Surprise Contraction in Q2 GDP but Keeps Door Open for Further Tightening
–Governing Council Remains Concerned About Sticky Underlying Inflationary Pressures, Prepared to Hike Policy Rate further if needed By Max Sato (MaceNews) – The Bank of Canada on Wednesday maintained its policy interest rate – the target for overnight lending rates – at a 22-year high of 5.0% on Wednesday after two consecutive rate hikes in […]
White House and Other Schedules for Wednesday, Sept 6
WASHINGTON (MaceNews) – The following are Wedesday’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, SEPTEMBER 6, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Preview: Bank of Canada Expected to Keep Policy Rate at 5% Wednesday after Weak Q2 GDP Data
By Max Sato (MaceNews) – The Bank of Canada is expected to leave its policy interest rate at a 22-year high 5.0% on Wednesday after raising it by 25 basis points each in June and July in the wake of weak second quarter GDP data, but the outlook remains uncertain as to whether the bank […]
White House and Other Schedules for Friday, Aug 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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR FRIDAY, AUGUST 4, 2023 In the morning, the President and the First Lady will depart Rehoboth Beach, Delaware en route to […]
White House and Other Schedules for Friday, July 28
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, JULY 28, 2023 In the morning, the President will receive the President’s Daily Briefing. This meeting will be closed […]
Bank of Canada Summary of July Meeting: Policymakers Agreed Cost of Delaying Rate Hike Greater than Benefit of Waiting
–-BOC: Members Saw Two Factors Keeping Inflation Above Target: Tightening Taking Longer Than Usual to Have Impact, Demand May Be Stronger Than Expected By Max Sato (MaceNews) – Bank of Canada policymakers discussed whether to raise the policy rate in July or wait for more evidence to solidify the case for further tightening and reached […]
White House and Other Schedules for Friday. July 21
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, JULY 21, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Bank of Canada Raises Policy Rate to 22-Year High of 5% After Policymakers Debate Option of Keeping Rate at 4.75%
–BOC Governor Macklem: Monetary Policy Working but Underlying Inflationary Pressures More Stubborn –Macklem: Our Job is Not Done Until Inflation is Centered on 2% Target –Macklem: Trying to Balance Risks of Under- and Over-Tightening Policy –BOC Quarterly Report: CPI to Slow to 2% Target in mid-2025, About 6 months Later Than Expected in April By […]