ISM: US October Services Sector in Expansion for 10th Straight Month but Slows Down Sharply in Light of Geopolitical Risks, Labor Costs and Shortages
–ISM’s Nieves: Purchasers’ Sentiment Mixed; Some Optimistic, Others Concerned about Inflation, Interest rates and Geopolitical events –Nieves: Too Early to Tell How Labor Strikes Will Affect Services Sector–Nieves: Given Rise in New Orders, Sector Might See an Uptick in November By Max Sato (MaceNews) – Business activity in the U.S. services sector was in positive […]
White House and Other Schedules for Friday, Nov 3
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, NOVEMBER 3, 2023 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, Nov 2
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, NOVEMBER 2, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, […]
FOMC Stays On Hold But Tilts Toward Another Funds Rate Hike
– Powell: Policy ‘Restrictive’ But Must Be Confident It’s ‘Sufficiently Restrictive’ – Powell: FOMC Not Considering Rate Cuts Or Halting Quantitative Tightening – Powell: ‘Proceed Carefully’ In Deciding How Much More Higher Rates May Go – Powell Declines To Say Bond Yield Spike Substitutes For Fed Rate Hikes By Steven K. Beckner (MaceNews) – The […]
TRANSCRIPT: Fed Chair Powell’s Post-FOMC Q&A
WASHINGTON (MaceNews) – The transcript of Federal Reserve Chair Jerome Powell’s post-FOMC news conference: .>> Good afternoon, everyone. Welcome. My colleagues and I remain squarely focused on our dual mandate to promote maximum employment and stableness for the American people.
FOMC Keeps Rates Unchanged And Preserve Possibility of Future Tightening; Financial Conditions Tighter
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday fulfilled expectations for a stand-still policy statement, noting financial and credit conditions have tightened and job gains have moderated – “but remain strong.” The barer-bones statement, very similar to the language in the preceding statement, follows: Recent indicators suggest that economic activity expanded at a strong […]
White House and Other Schedules for Wednesday, Nov 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 and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR WEDNESDAY, NOVEMBER 1, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting in the Oval Office […]
White House and Other Schedules for Tuesday, Oct 31
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 SCHEDULEFOR TUESDAY, OCTOBER 31, 2023 In the afternoon, the President will receive the President’s Daily Brief. This meeting in the Oval Office […]
White House and Other Schedules for Monday, Oct 30
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 SCHEDULEFOR MONDAY, OCTOBER 30, 2023 In the morning, the President and the First Lady will return to the White House from Wilmington, […]
White House and Other Schedules for Thursday, Oct 26
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 SCHEDULEFOR THURSDAY, OCTOBER 26, 2023 In the morning, the President will receive the President’s Daily Briefing. The Vice President will attend. This […]