FOMC Leaves Funds Rate Unchanged; Announces Moderation of QT
– Powell: Will Take Longer To Be Confident Inflation Headed to 2% – Rates Could Go Higher If FOMC Persuaded Not ‘Sufficiently Restrictive” – QT Dialed Back To ‘Smooth’ Balance Sheet Normalization, Not Help Economy By Steven K. Beckner (MaceNews) – The Federal Reserve left short-term interest rates unchanged Wednesday and signaled further delay of […]
TRANSCRIPT: Fed Chair Powell’s News Conference Remarks Rule Out Any Rate Hike and See Any Rate Cuts This Year Dependent on Data
–Don’t See the ‘Stag’ or the ‘Flation’ WASHINGTON (MaceNews) – Federal Reserve Chair Jerome Powell, answering questions in his post-FOMC news conference Wednesday, said he is still confident of more progress against inflation this year, was vague about the possibility of one or more 2024 rates cuts and said he doesn’t understand any fear about […]
FOMC Cites ‘Lack of Progress’ on Inflation; Need More Confidence Before Any Rate Cut
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday fulfilled expectations that it would hold steady on its policy interest rate while restating that there will be no rate cut until it has greater confidence that the inflation rate is declining toward its target. The FOMC policy statement follows with boldfacing added for emphasis: Recent […]
White House and Other Schedules for Wednesday, May 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 DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MAY 1, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, the President will participate […]
White House and Other Schedules for Tuesday, April 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. economic data DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, APRIL 30, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will […]
White House and Other Schedules for Monday, April 27
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 DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, APRIL 29, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town PoolWires: AP, Reuters, BloombergWire […]
White House and Other Schedules for Friday, April 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. economic data DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, APRIL 26, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the President will return […]
White House and Other Schedules for Thursday, April 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. economic data DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, APRIL 25, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President will […]
White House and Other Schedules for Tuesday, April 23
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 DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, APRIL 23, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will travel to Tampa, […]
White House and Other Schedules for Monday, April 22
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 DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, APRIL 22, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President will return to Washington, […]