FED’S POWELL: PREMATURE TO TALK ABOUT EXIT FROM EASY MONETARY POLICY
By Steve Beckner –Vows Clear Communication Well Ahead of Any Tapering of QE–Downplays Concerns About Inflation, Asset Bubbles (MaceNews) – Federal Reserve Chairman Jerome Powell showed some impatience with talk of “exiting” from the Fed’s exceptionally easy monetary policies Wednesday and vowed to continue providing support to the economic recovery “until the job is done.” […]
FOMC: CONCENTRATES ON CONTINUING VIRUS ECONOMIC DAMAGE
(WASHINGTON (MaceNews) – The Federal Open Market Committee, while standing pat on all fronts as expected Wednesday, only intensified its emphasis on the continuing economic damage being imposed by the pandemic, despite the advent of vaccine inoculations. The following is the FOMC statement text: The Federal Reserve is committed to using its full range of […]
ITALY FACES UPHILL ROAD FOR A ‘THIRD’ CONTE GOVERNMENT; MAJORITY STILL WEAK – SOURCES
By Silvia Marchetti ROME (MaceNews) – Ruling coalition parties are confident there will likely be a ‘third’ government ruled by outgoing premier Giuseppe Conte who resigned Monday but they warn that forming a new, stable majority able to put an end to Italy’s ongoing political crisis and avoid the risk of an early vote will […]
WEDNESDAY WASHINGTON SCHEDULES
WASHINGTON (MaceNews) – The following are Wednesday’s public White House, Treasury, House and Senate schedules: White House Schedule 9:00 AMIn-Town Pool Call TimeThe White House – In-Town Pool 9:30 AMThe President and The Vice President receive the President’s Daily BriefOval Office – Closed Press 12:15 PMPress BriefingPress Briefing by Press Secretary Jen Psaki, Special Presidential […]