San Fran Fed’s Daly: Time To Talk About Taper But May Not Come Til ‘22
‘Substantial Further Progress Within Our Sight’; Timing Uncertain May Reach Substantial Further Progress Sooner Than She Thought In Jan. Wants More Clarity on Economy’s Path; Looking Toward Fall Taper Announcement Could Come ‘Late This Year’ Or Early 2022 FOMC Will Be Talking About Mix of MBS vs. Treasury purchases By Steven K. Beckner (MaceNews) – […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JUNE 22, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief […]
NY Fed’s Williams: FOMC To Be ‘Very Engaged’ In Talking About Tapering
–Substantial Further Progress ‘Quite a Ways Off’ but Progress Made for Sure By Steven K. Beckner (MaceNews) – New York Federal Reserve Bank President John Williams Monday reaffirmed Chairman Jerome Powell’s signal that Fed policymakers will be starting to consider a reduction in asset purchases at future Federal Open Market Committee meetings. The discussions will […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 21, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Saturday and Sunday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JUNE 19, 2021 AND SUNDAY, JUNE 20, 2021 On Saturday, the President has no public events scheduled. On […]
US Data Preview Commentary: Personal Income, Existing/New-Home Sales, Durables and the Downside to ‘Transitory’
WASHINGTON (MaceNews) – Beware what look like quiet weeks ahead, like the upcoming week when the Earth’s northern pole tilts to the max toward the sun. The summer solstice means that after 3:32 Monday morning the days start getting shorter in our hemisphere and the diminishing daylight is appropriate for a time of what seems […]
Fed’s Powell Signals Serious Discussion of Tapering To Begin At Coming FOMC Meetings
— Sharp Upward Revisions of Funds Rate Projections Reinforces Message By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell gave the first indication he is ready to contemplate lessening monetary accommodation, even as he and his fellow policymakers left in place the most aggressively easy monetary stance in its history Wednesday. Though not […]
FOMC Maintains Asset Purchase Schedule, Says Little Else
WASHINGTON (MaceNews) – The following is the text of the FOMC policy statement Wednesday afternoon: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. Progress on vaccinations has reduced the spread of COVID-19 in […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s public schedules for President Biden, the Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JUNE 16, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting […]
BofA Global Research Fund Manager Survey: Investors See Inflation As Transitory, Temper Still Solid Growth Expectations
By Vicki Schmelzer NEW YORK (MaceNews) – Global investors in June maintained their view that any inflation pressure being seen currently and going forward would be transitory, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. Growth expectations remained solid this month, but down from the lofty views seen earlier […]