BOJ Keeps Easing Stance, Tweaks Covid Funding Scheme Toward Small Firms
By Max Sato (MaceNews) – The Bank of Japan said Friday it is ending parts of its anti-Covid special financing program aimed at supporting large firms, whose financial conditions have improved, while extending its feature of helping hard-hit small businesses, particularly those in the service sector. As expected, the BOJ decided to maintain its interest […]
ECB To Halt PEPP Programme End of Q1, Will Beef Up APP
— Bank dramatically lifts inflation forecast LONDON (MaceNews) — The European Central Bank confirmed its emergency Covid stimulus package will conclude at the end of March, announcing an expansion of its regular quantitative easing program to begin in the second quarter, after its latest policy meeting on Thursday, The Bank also presented a marked upgrade […]
Analysis: Fed Ponders What Puts Out This Peculiar Inflation Fire
–Overheating or Super Squeezing? By Denny Gulino WASHINGTON (MaceNews) – Federal Reserve Chair Jay Powell Wednesday reassured his press conference viewers the central bank has the tools it needs to make sure aggressive inflation doesn’t last too long, reinforcing the narrative this inflation episode will meet its match. But what if the seeds of deflation […]
Bank of England Hikes Rates For the First Time in Three Years
— Eight MPC members vote for a 15 basis point increase to 0.25% LONDON (Mace News) – The Bank of England lifted its benchmark rate by 15 basis points to 0.25%, the first increase since August of 2018, according to minutes of Wednesday’s monetary policy committee meeting released on Thursday. The move caught investors by surprise, […]
Thursday December 16 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, DECEMBER 16, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, the President will award the Medal of Honor to Sergeant First Class Alwyn C. Cashe, United States Army, Sergeant First Class Christopher […]