Category: Federal Reserve

Japan Mar Tokyo CPI Firmer Amid Energy Market Pickup; Outlook Uncertain

By Max Sato –Gasoline Prices Now Up, But Utilities Still Push Down Overall Energy Costs–Hotel Fees Stop Falling; Appliances Prices On Uptrend In Stay-Home Lifestyles (MaceNews) – Consumer prices in Tokyo, a leading indicator of the national average, gained slightly in March from February, leading to a smaller year-on-year drop in the core reading, amid […]

Thursday Washington Schedules From MaceNews

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, MARCH 25, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]

Wednesday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Wednesday’s Washington Schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MARCH 24, 2021  In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval […]

Tuesday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the Capitol as well as for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, MARCH 23, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the […]

NABE Survey Endorses Fed and US Fiscal Policy

WASHINGTON (MaceNews) – The semiannual National Association for Business Economics issues survey, released Monday as the group’s virtual national policy conference got under way: generally endorsed current monetary and fiscal policy with only a slight increase among those who found Fed policy too stimulative. The following are survey highlights: Summary “Although nearly half of NABE […]

SATURDAY/SUNDAY WASHINGTON SCHEDULES FROM MaceNews

WASHINGTON (MaceNews) – The following are Saturday and Sunday’s schedules for the White House, Treasury, the Capitol and upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, MARCH 20, 2021 AND SUNDAY, MARCH 21, 2021On Saturday and Sunday, the President has no public events scheduled. Saturday’s In-Town PoolWires: AP, […]

US Data Preview: Stimulus Ebullience Vs. Virus Resurgence Fear

WASHINGTON (MaceNews) – Is anyone watching economic data in the week ahead, when there are least 12 Fedspeak appearances, a restless 10-year yield, the background threat of a wider Covid-19 surge? Sure, we all have to take durable goods orders (Wednesday) and new home sales (Tuesday) and personal income (Friday) into account, even if it’s […]

Analysis: Fed Gets Ready for Cash Influx By Expanding Overnight Repo Facility Limits

By Steven K. Beckner (MaceNews) –  A less noticed, but still potentially important, outcome of the March 16-17 Federal Open Market Committee meeting was an operational change in the Fed’s Overnight Reverse Repurchase Agreement Facility (ON RRP). Though largely dormant for the moment, the change could have a significant impact down the road as Fed […]

FOMC Keeps Monetary Policy Loose; Powell Signals It will Remain So

By Steven K. Beckner (MaceNews) – Federal Reserve policy-makers voted Wednesday to maintain their super loose credit policies, and Chair Jerome Powell gave no hint the Fed will move to tighten its monetary stance any time soon. While joining his colleagues in expressing encouragement with the economy’s improved performance and optimism about the outlook, Powell […]