Friday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JULY 16, 2021 In the morning, the President will participate in the Asia-Pacific Economic Cooperation (APEC) Leaders’ Virtual Retreat, where Leaders will […]

Chicago Fed’s Evans Looks to ‘Fall’ to Assess ‘Progress’ Toward Tapering

– Would Be ‘Challenging’ To Cut MBS More Than Treasury Purchases By Steven K. Beckner (MaceNews) – Chicago Federal Reserve Bank President Charles Evans pointed Thursday toward “the fall” for the Fed to make a determination that sufficient progress has been made toward to the Fed’s employment and inflation objectives and, hence, move to scale […]

Bank of England Officials Hint at Earlier-Than-Expected Tightening

By Laurie Laird LONDON (MaceNews) — Two Bank of England rate setters have suggested that UK recovery has become sufficiently entrenched to warrant a reduction in monetary accommodation.  Forward guidance set at the latest Monetary Policy Committee meetings “no longer rules out tightening,” said external MPC member Michael Saunders, adding that conditions on tightening policy “have […]