Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data: The White House COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 11 – WEDNESDAY, JUNE 16, 2021 Friday, June 11, 2021 In the afternoon, the President will receive the President’s Daily Brief. […]
FOMC May Boost ON RRP, IOER While Leaving Monetary Policy Unchanged
By Steven K. Beckner (MaceNews) – Although monetary policy itself is highly unlikely to change next week, there’s a good chance the Federal Reserve’s policy making Federal Open Market Committee will decide to adjust the administered rates its uses to implement policy. To maintain control of the federal funds rate, the FOMC seems likely to […]
ECB to Continue Accelerated PEPP Purchases Despite Brighter Outlook
— Lagarde cites some “divergence of views” over policy stance By Laurie Laird LONDON (MaceNews) – The ECB will extend its accelerated pace of asset purchases despite a sharp upward revision to growth prospects, but President Christine Lagarde signaled some disagreement amongst rate setters about the appropriate policy stance. “There was some divergence on particular […]
FOMC Seems Ready To Tip Toe Toward Tapering At Mid-June Meeting
–Powell Could Signal Consideration of Less Bond Buying Is Coming By Steven K. Beckner (MaceNews) – Movement away from the most aggressively expansionary monetary policy in the Federal Reserve’s history may seem glacial, but it is not imperceptible. It seems clear, as the mid-June Federal Open Market Committee meeting approaches, that a shift in sentiment […]