<strong>FOMC Apt to Raise Rates Again but Bank Failures Raise Doubt</strong>
– Once Predisposed Toward More Aggressive Moves, Fed Must Now Weigh Financial Risks By Steven K. Beckner (MaceNews) – The Federal Reserve finds itself in an awkward situation as it approaches its mid-March monetary policy meeting. Less than a week ago, it seemed, the Federal Reserve’s policy making Federal Open Market Committee was on the […]
<strong>White House and Other Schedules for Tuesday, March 14</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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, MARCH 14, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
White House and Other Schedules for Monday, March 13
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 and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, MARCH 13, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Weekend US Bank Failure Anxiety Fades as Govt Deploys Massive Rescue
–Fed ‘To Take Additional Steps As Appropriate’ –‘All Depositors’ Now Protected –New Question of Rescue Episode’s Impact on Fed Rate Decisions By Denny Gulino WASHINGTON (MaceNews) – A wave of severe weekend anxiety about paychecks and savings that swept across America appeared to fade with the hastily assembled government rescue program as a new week […]
<strong>White House and Other Schedules for Friday, March 10</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. economic data and DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, MARCH 10, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
<strong>BOJ Keeps Easing Stance to Pursue Stable 2% Inflation Target After Nearly a Decade of Flooding Markets with Cash</strong>
–March Meeting Last Scheduled One for Governor Kuroda Before His 2nd 5-Year Term Ends on April 8 –Kuroda’s 2 Deputies Will Also Retire at End of Their 5-Year Terms on March 19 –Incoming Governor, Ex-BOJ Board Member Kazuo Ueda Has Told Diet Current Easing Stance ‘Appropriate’ By Max Sato (MaceNews) – The Bank of Japan […]
<strong>White House and Other Schedules for Thursday, March 9</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. economic data and DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, MARCH 9, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the President […]
Fed’s Beige Book Survey Sees Positives and Negatives Amid ‘Slightly’ Increased Economic Activity
WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic activity coast to coast will tell the next Federal Open Market Committee meeting later this month that economic activity “increased slightly” despite widespread but somewhat moderated inflation pressures. The Beige Book responses, assembled by the New York Fed bank Wednesday, suggested consumer spending was […]
<strong>White House and Other Schedules for Wednesday, March 8</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. economic data and DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, MARCH 8, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town Pool Wires: […]
<strong>Powell: Fed Prepared to Increase Pace of Rate Hikes If Inflation Doesn’t Moderate</strong>
– ‘Ultimate Level of Interest Rates Likely to be Higher Than Previously Anticipated’ – Fed Not Seeking ‘Enormous’ Unemployment Rise but Tight Labor Markets Must Soften By Steven K. Beckner (MaceNews) – Federal Reserve Chair Jerome Powell served notice Tuesday that the Fed will likely need to raise short-term interest rates higher than he and […]