Clarida Keys On Inflation Expectations As Determining Shape of Monetary Policy
By Steven K. Beckner (MaceNews) – Federal Reserve Vice Chairman Richard Clarida put heavy emphasis Wednesday on the behavior of inflation expectations in determining the proper response of monetary policy as the economy evolves in coming years, Clarida, whose monetary economics bona fides have made him an influential lieutenant to legally trained Fed Chairman Jerome […]
Fed’s Beige Bk Shows Restrained Economic Optimism as Vaccinations Increase
WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic conditions coast to coast Wednesday showed some increased optimism based on increased vaccinations and stimulus payments, even in the face of continued high unemployment coupled with some shortage of labor, supply chain disruptions and bad weather. The Beige Book compilation stuck to its favorite […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, APRIL 14, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, APRIL 13, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, APRIL 12, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Saturday/Sunday Washington Schedules MaceNews
WASHINGTON (MaceNews) – The following are Saturday and Sunday schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, APRIL 10, 2021 AND SUNDAY, APRIL 11, 2021 On Saturday and Sunday, the President has no public […]
US Data Preview: CPI, Retail Sales, Housing Starts
WASHINGTON (MaceNews) – This current month and in May is when the inflation rate is finally going to hit the Fed’s target of 2% and we begin riding the “transitory” express, waiting for the ride back down. At least that’s what Federal Reserve Gov. Lael Brainard told us late last month about negative comps. “The […]
Fed’s Powell: Economic Recovery Uneven, Incomplete; Fed Must Keep Providing Support
By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell hailed recent strong economic indicators Thursday, but said the recovery is uneven and incomplete and vowed continued monetary support “until the job is done.” Powell, addressing an International Monetary Fund Debate on the Global Economy, repeated that he and his fellow policy-makers on the […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s public schedules of the White House, Treasury, the State Department, the Capitol as well as for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, APRIL 8, 2021 In the morning, the President and the Vice President will receive the President’s […]
FOMC Minutes Show Determination to Stay the Course and Stick With Message Until Outcomes Improve
WASHINGTON (MaceNews) – The minutes of the most recent Federal Open Market Committee released Wednesday only reinforced the central bank’s pandemic-era’s message, that it is standing pat on its highly accommodative stance until employment has fully recovered while it carefully monitors the Treasuries market for signs of stress. Government pandemic relief is hastening recovery, several […]