Atl Fed’s Bostic: Fed Will Keep Moving Expeditiously’ to Cut Inflation

–FOMC Must Guard Against Too Little, Too Much Tightening–Rates Must Become Restrictive to Bring Down Inflation By Steven K. Beckner (MaceNews) – Atlanta Federal Reserve Bank President Raphael Bostic said Tuesday that the Fed needs to keep raising interest rates “expeditiously” into a “restrictive” stance to reduce inflation, but he warned against raising rates too […]

White House and Other Schedules for Tuesday, Aug 30

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, AUGUST 30, 2022  In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting […]

Japan July Jobless Rate Unchanged as Govt Avoids Covid Restrictions Amid Case Spike

–Employment Posts 1st Y/Y Drop in 4 Months, Led by Wholesalers, Retailers, Manufacturing–Number of Unemployed Marks 13th Straight Y/Y Drop But Still Above January 2020 Level–Unemployment at 2.6% from May to July Vs. April’s 2-Year Low 2.5%–Fewer Job Losses M/M in July While More People Seek Other Openings By Max Sato (MaceNews) – Japanese payrolls […]

White House and Other Schedules for Monday, Aug 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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, AUGUST 29, 2022  In the morning, the President will return to the White House from Wilmington, Delaware. The departure from […]

White House and Other Schedules for Saturday and Sunday

WASHINGTON (MaceNews) – The following are Saturday and Sunday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    WEEKEND GUIDANCE AND PRESS SCHEDULE FOR SATURDAY, AUGUST 27, 2022 AND SUNDAY, AUGUST 28, 2022  On Saturday and Sunday, the President has no public events scheduled. Saturday’s Out-of-Town […]

Fed’s Powell Vows To Battle Inflation With ‘Restrictive’ Rates ‘Until Job Is Done’

No Clear Signal on Size of Sept. 21 Rate Hike; ‘Unusually Large” Move Possible Policy Will Need to Stay Restrictive ‘For Some Time,’ Involve Some ‘Pain’ By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell Friday strongly reaffirmed the Fed’scommitment to bringing down inflation Friday, vowing to move monetary policy into a “restrictive”posture […]

White House and Other Schedules for Friday, Aug 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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, AUGUST 26, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]

White House and Other Schedules for Thursday, Aug 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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, AUGUST 25, 2022   In the afternoon, the President will travel to Montgomery County, Maryland. The departure from the White House […]

White House and Other Schedules for Wednesday, Aug 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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, AUGUST 24, 2022   In the morning, the President will return to the White House from Rehoboth Beach, Delaware. The departure from […]