Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the public schedules for the White House, Treasury, the Capitol and for upcoming economic data: WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, FEBRUARY 27, 2021 AND SUNDAY, FEBRUARY 28, 2021 On Saturday, the President will deliver remarks on the American Rescue Plan. This event will be pooled press. Later, the President […]
US Data Preview: Jobs Report, Powell Speaks, Beige Bk, ISMs
WASHINGTON (MaceNews) – The week ahead features January’s jobs report and, the day before, Federal Reserve Chair Jay Powell talking about jobs. With the escalation of the 10-year yield lately, a lot of viewers of the Wall Street Journal Jobs Summit appearance would rather he talk about inflation, credit costs, the way measures of inflation […]
G20 Finance Ministers and Central Bankers Commit To Pursuing Accommodative Policies To Kickstart Recovery
Inbox By Silvia Marchetti ROME (MaceNews) – The G20 finance ministers and central bankers committed on Friday to pursuing accommodate fiscal and monetary policies and to step up joint efforts to tackle the COVID-19 pandemic. During an online meeting held by Italy’s G20 presidency, member countries acknowledged that health and economic conditions remain difficult despite the […]
Bank of England Chief Economist Haldane Flags Inflation Risk
By Laurie Laird LONDON (MaceNews) — A key Bank of England rate setter publicly queried the Monetary Policy Committee’s forecast of quiescent price pressures in 2021, warning against “central bank complacency” after a long period of below-target inflation. “My judgement is that we might see a sharper and more sustained rise in UK inflation than expected, potentially overshooting its […]
ECB’s Schnabel Stresses ‘Duration’ of Monetary Policy Support
— Governing Council member Isabel Schnabel suggests limited scope for further rate cuts, QE By Laurie Laird LONDON (MaceNews) — A top European central banker acknowledged Friday the bank’s limited scope for further rate cuts and asset purchases, suggesting the ECB communicate its commitment to extend policy support over the longer term. “When financing conditions […]