Bank of Canada Expected to Lift Key Rate by 75 Bps in Front-Loading Move to Fight Inflation
By Max Sato (MaceNews) – The Bank of Canada is widely expected to raise its policy interest rate — the target for overnight lending rates — by 75 basis points to 3.25% on Wednesday as part of its front-loading credit tightening drive to bring down decades-high inflation above 7% to its 2% target. The move […]
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 […]
White House and Other Schedules for Thursday, Aug 18
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 18, 2022 The President has no public events scheduled as he vacations in Wilmington and the First Lady isolates in South […]
White House and Other Schedules for Tuesday, Aug 16
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 SCHEDULEFOR TUESDAY, AUGUST 16, 2022 In the morning, the President and the First Lady will depart Kiawah Island, South Carolina en route Washington, […]
White House and Other Schedules for Monday, Aug 15
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 SCHEDULEFOR MONDAY, AUGUST 15, 2022 The President, vacationing at Kiawah Island, South Carolina, has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: […]
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 […]
Japan Government Upgrades View: Consumption, Jobs Leading Gradual Economic Pickup
By Max Sato (MaceNews) – Japan’s government Tuesday upgraded its economic overview for the first time in three months in July as consumption is on a clearer pickup path, led by job creation and pent-up demand, but real wages are falling amid rising inflation and the weaker yen is eroding purchasing power, according to its […]
White House and Other Schedules for Tuesday, July 26
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 FORTUESDAY, JULY 26, 2022 In the morning, the President will receive the President’s Daily Brief virtually. This meeting will be closed press. After, […]
White House and Other Schedules for Wednesday, July 20
WASHINGTON (MaceNews) – The following are Wednesday 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, JULY 20, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]
White House and Other Schedules for Tuesday, July 19
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 FORTUESDAY, JULY 19, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief. This meeting in the […]