White House and Other Schedules for Thursday, May 4
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, MAY 4, 2023 In the morning, the President will receive the President’s Daily Brief. The Vice President will attend. This […]
Fed’s Powell Says Says Re Future Rate Hikes, No Explicit Pause, Just a Period of Assessment of Effects of Credit Tightening, Other Factors
By Denny Gulino WASHINGTON (MaceNews) – After fulfilling expectations for another rate hike of just a quarter point, Federal Reserve Chair Jerome Powell Wednesday said the FOMC did not decide on an explicit pause in future rate hikes, but is assessing the cumulative effects of those already accomplished as well as the effect of any […]
TRANSCRIPT: Fed Chair Powell’s Post-FOMC News Conference
WASHINGTON (MaceNews) – The Federal Reserve’s transcript of Wednesday’s news conference held by Fed Chair Jerome Powell following the meeting of the policy-setting Federal Open Market Committee follows:
FOMC Raises Fed Funds Another Quarter Point, Assesses Need for Further Tightening; No Hint of Future Ease
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday fulfilled expectations for a 10th consecutive rate hike, this time of another quarter point, while hinting it is pausing to see whether further tightening “may” be necessary. The policy statement said the effects of anticipated credit tightening and other negative factors is still uncertain and that […]
ISM: US April Service Sector Activity in Expansion Territory for 4th Straight Month on Slight Uptick in New Orders
–ISM’s Nieves: Employment Remains a Mixed Bag; Some Cutting Jobs, Others Struggling to Find Workers –Nieves: Firms Mostly Positive but Preparing for Headwinds; Expect Clearer Outlook in May 8 Release of Semi-Annual Survey –Nieves: Business Activity May Rise in May After Slowing in April By Max Sato (MaceNews) – Business activity in the U.S. […]
White House and Other Schedules for Wednesday, May 3
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, MAY 3, 2023 In the morning, the President will receive the President’s Daily Brief. The Vice President will attend. This […]
White House and Other Schedules for Tuesday, May 2
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 and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, MAY 2, 2023 In the afternoon, the President will receive the President’s Daily Brief. This meeting in the Oval Office […]
Commentary: US Debt-Limit ‘Impasse’ Sees Biden Holding the High Cards
By Denny Gulino WASHINGTON (MaceNews) – When members of Congress prepare to leave on their next recess the Friday before Memorial Day, the debt-limit showdown will likely have been decided and House Speaker Kevin McCarthy will likely have seen his carefully built barriers to agreement be demolished like toothpicks in front of a freight train. […]
US April ISM Manufacturing in Contraction for 6th Straight Month as New Orders Remain Sluggish Amid Uncertainty
–ISM’s Fiore: Main Index in 47 to 51 Range, Don’t See Any Change in Near Term –Fiore: Output Side Positive, Input Side Weak; Future Is Uncertain –Fiore: Firms Managing Output to Prepare for Pickup in Late Summer, Early Fall –Fiore: Customers Inventories at Low End of ‘Too High’ By Max Sato (MaceNews) – U.S. manufacturing […]
White House and Other Schedules for Monday, May 1
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, MAY 1, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]