NY Fed’s Williams: 2021 Taper ‘Could Be Appropriate,’ But Must Assess Data
– Fed Progress Goal Met For Inflation, But Not for Employment – Very Good Progress Made On Jobs, But Wants To See More – MBS, Treasury Purchases Complementary; ‘Working Side By Side Together’ – Timing of Liftoff Doesn’t Depend on Timing of Tapering By Steven K. Beckner (MaceNews) – New York Federal Reserve Bank President […]
Fed’s Beige Book: Economy Weighed by Delta Variant with Growth ‘Downshifted’
WASHINGTON (MaceNews) – The Federal Reserve’s survey of economic conditions nationwide Wednesday found the economy “downshifted slightly” during the summer as the Delta variant hurt restaurants, tourism and travel while supply disruptions, labor shortages and semiconductor shortages added to the slowing. The survey of the 12 regional Fed districts was conducted through Aug. 30 and […]
Canada’s Central Bank Keeps Easing Stance To Support Pandemic-Hit Economy
By Max Sato (MaceNews) – Bank of Canada policy-makers are sticking to their stance to take their time unwinding quantitative easing amid growing uncertainty over global and domestic economic recovery. The bank’s Governing Council announced Wednesday that it is holding the target for overnight lending rates at 0.25% and maintaining the pace of weekly asset […]
Wednesday Washington Schedules from MaceNews
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, SEPTEMBER 8, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President will deliver remarks in honor of labor unions in the East Room. […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the State Department, USTR, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, SEPTEMBER 7, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, the State Department, USTR, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, SEPTEMBER 6 In the evening, the President will return to the White House from Wilmington, Delaware. The departure from Delaware Air […]
US Data Preview Commentary: PPI, JOLTS, Beige Book and Many, Many Questions
WASHINGTON (MaceNews) – This week – for many, the last gasp of summer – has less guidance in the form of fresh U.S. economic data than any week this year, and the two major reports that are arriving raise more questions than answers. Wednesday’s JOLTS report says so much about job openings and the record […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the schedules for Saturday and Sunday for the White House, Treasury, the State Department, USTR, the Capitol and for upcoming Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, SEPTEMBER 4, 2021 AND SUNDAY, SEPTEMBER 5, 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, USTR, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, SEPTEMBER 3, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, the State Department, USTR, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, SEPTEMBER 2, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]