US Consumer Near-Term Inflation Expectations Down in December; Spending Plans Fall
NEW YORK (MaceNews) – US consumer inflation expectations were mixed in December with short-term expectations down while medium term expectations were flat, and long-term expectations rose, according to a survey from the Federal Reserve Bank of New York. Expectations for household income rose but spending growth plans dropped, and concern about possible job losses increased […]
<strong>White House and Other Schedules for Monday, Jan 9</strong>
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. data and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE FORMONDAY, JANUARY 9, 2023 – TUESDAY, JANUARY 10, 2023 Monday, January 9, 2023 In the afternoon, the President and the First Lady will participate in […]
<strong>Fed Officials Warn Against Premature Backing Off From Inflation Fight</strong>
By Steven K. Beckner (MaceNews) – Federal Reserve officials continued to pledge their determination to reduce inflation in wake of a stronger-than-expected employment report Friday. The officials welcomed the moderation of inflation in recent months but noted that core services prices continue to rise rapidly and warned against prematurely giving up on their anti-inflation campaign. […]
<strong>ISM: US December Service Sector Posts 1st Contraction Since May 2020 on Slower New Orders, Jobs</strong>
–ISM’s Nieves: Slowdown is Adjustment, Long-Drawn Contraction Unlikely–Nieves: Employment Drop Due to Both Slower Demand, Tight Labor Market By Max Sato (MaceNews) – The U.S. service sector contracted after 30 months of growth in December, hit by sluggish new orders and employment, after picking up slightly in November on holiday season demand and at the […]
<strong>White House and Other Schedules for Friday, Jan 6</strong>
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, JANUARY 6, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, […]
<strong>White House and Other Schedules for Thursday, Jan 5</strong>
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, JANUARY 5, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, […]
<strong>FOMC Minutes Show Consensus on Tightening to Reduce Inflation</strong>
– But Need For ‘Risk Management,’ Avoiding Overtightening Cited – Officials Anxious to Avoid Perception of Less Anti-Inflation Commitment to By Steven K. Beckner (MaceNews) – At their final monetary policy meeting of 2022, Federal Reserve officials were together in their commitment to reducing inflation in the year ahead, but somewhat less united on how […]
FOMC Minutes Reflect Undimmed Dedication to Quenching Inflation Regardless of Slow Growth Consequences
WASHINGTON (MaceNews) – Federal Open Market Committee policymakers agreed on maintaining anti-inflation momentum with a continuing tolerance for any economic slowdown that may result this year without any premature easing. The Fed staff told the committee anticipated this year will see growth “slow markedly” and that GDP growth will be “subdued” through 2025. “No participants […]
<strong>White House and Other Schedules for Wednesday, Jan 4</strong>
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, JANUARY 4, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the President […]
<strong>White House and Other Schedules for Tuesday, Jan 3</strong>
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, JANUARY 3, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting in the Oval Office will […]