US CPI Boosts Hopes Inflation Trajectory Has Improved
–July CPI Unchanged; Core +0.3% By Denny Gulino WASHINGTON (MaceNews) – The welcome way the latest Consumer Price Index came in below expectations Wednesday reinforced hopes the trajectory of high consumer inflation has finally improved. The July report’s headline number, the one that most influences inflation expectations, was unchanged, the lowest reading for any month […]
White House and Other Schedules for Wednesday, Aug 10
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, AUGUST 10, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. The President will […]
White House and Other Schedules for Tuesday, Aug 9
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, AUGUST 9, 2022In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the […]
White House and Other Schedules for Monday, Aug 8
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, AUGUST 8, 2022 In the morning, the President and the First Lady will travel to Eastern Kentucky where they will join Governor […]
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 US data and Federal Reserve events: WEEKEND GUIDANCE AND PRESS SCHEDULE FOR SATURDAY, AUGUST 6, 2022 AND SUNDAY, AUGUST 7, 2022 On Saturday and Sunday, the President has no public events scheduled. Saturday’s […]
July Jobs Report Takes the ‘Stag’ Out of ‘Stagflation;’ Adds 528K Payroll Slots
By Denny Gulino WASHINGTON (MaceNews) – Confounding the forecasters, the July jobs market exploded with new hiring, adding 528,000 payrolls slots, lowering the unemployment rate to 3.5% and pitting market pessimists against their opposites who see inflation having peaked. U.S. stocks futures sagged, benchmark interest rates shot up a few basis points and the White […]
White House and Other Schedules for Friday, Aug 5
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, AUGUST 5, 2022 In the morning, the President will receive the President’s Daily Brief virtually. This meeting will be closed press. In […]
Bank of England Lifts Rates by 50 Basis Points Despite Looming Recession
–Governor Andrew Bailey Vows to Tame Inflation Despite Economic Cost By Laurie Laird LONDON (MaceNews) – The Bank of England lifted its benchmark rate by 50 basis points on Thursday – the biggest rise in 27 years – despite warning of recession later this year. That takes the Bank Rate to 1.75%, the highest since […]
White House and Other Schedules for Thursday, Aug 4
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, AUGUST 4, 2022 In the morning, the President will receive the President’s Daily Brief virtually. This meeting will be closed press. In the […]
Fed’s Barkin Asserts Fed Commitment To Lowering Inflation Even It Means Recession
Fed Will ‘Do What It Takes’ By Steven K. Beckner (MaceNews) – Richmond Federal Reserve Bank President Thomas Barkin said Wednesday the Fed is determined to beat down inflation – even it means recession. Barkin gave no indications of how much more monetary tightening he thinks will be needed to bring inflation down to the […]