Fed’s Clarida Conditionally Points Toward Tapering Announcement ‘Later This Year’
–But Fed Vice Chairman Wants ‘Several Months’ of Labor Market Data By Steven K. Beckner (MaceNews) – Federal Reserve Vice Chairman Richard Clarida pointed toward a potential announcement of reduced asset purchases “later this year,” but said it will probably take “several months” to get a clear employment picture. Clarida was upbeat in a webinar […]
Wednesday’s Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’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 FORWEDNESDAY, AUGUST 4, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the […]
Tuesday’s Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’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 FOR TUESDAY, AUGUST 3, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’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 FORMONDAY, AUGUST 2, 2021 In the morning, the President will receive the President’s Daily Brief at Camp David. This meeting will be […]
US Data Preview Commentary: Jobs Report, ISMs and Again, Evictions, Delta Variant Threats and Questions about Booster Shots
WASHINGTON (MaceNews) – A muted deep summer week ahead with a jobs report that will surprise no one, no matter what it says. There will have been a lot of hiring in July, an unemployment rate that may improve a little and still many, many unemployed people. The weekly benefit claims for the survey week […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the Saturday and Sunday schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JULY 31, 2021 AND SUNDAY, AUGUST 1, 2021 On Saturday and Sunday, the President has no public […]
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 30, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’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 FORTHURSDAY, JULY 29, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the […]
Fed’s Powell: Progress Made, But Economy Not Yet At ‘Substantial Further Progress’
–Little Support For Faster Reduction in MBS Purchases. By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell continued Wednesday to set the stage for eventual reductions in the Fed’s large-scale asset purchases, and gave no clear signal as to when “tapering” could commence. For the time being, the policy making Federal Open Market […]
FOMC Mostly Repeats, Saying Making Further Progress Toward Ultimate Goals
WASHINGTON (MaceNews) – The Federal Open Market Committee’s latest monetary policy statement Wednesday hardly changed from the previous statement as the central bank suggested the economy is making further progress toward the ultimate goal of “substantial further progress.” The policy statement follows: The Federal Reserve is committed to using its full range of tools to […]