Bank of England Appoints Former Goldman Sachs Analyst Huw Pill As Chief Economist

— Pill has also served at the ECB and the BoE LONDON (MaceNews) – Former Chief European Economist at Goldman Sachs, Huw Pill, will become chief economist at the Bank of England, the Bank revealed on Wednesday.  Pill served at the investment bank until 2018 and has most recently lectured at Harvard Business School.  Previously he […]

ECB’S De Guindos Hints at Adjustment to PEPP Purchases at Sept Meeting

— Recent economic data ‘are very positive’ LONDON (MaceNews) – The eurozone recovery has picked up steam in recent months, which could prompt discussions of adjustments to the European Central Bank’s emergency asset purchase programme next week, according to a top rate setter. “In September, we will have to decide on the volume of purchases […]

Wednesday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Wednesday’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 FORWEDNESDAY, SEPTEMBER 1, 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 State Department, USTR, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, AUGUST 31, 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:     DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, AUGUST 30, 2021  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President […]

US Data Preview Commentary: Jobs Rpt, ISMs, Confidence and The Departure

WASHINGTON (MaceNews) – It’s a week light on major data other than the August jobs report, the two momentum reports ISM’s manufacturing and services indexes – and a Conference Board consumer confidence measure more closely watched since the collapse of the UMich consumer sentiment reading for the month. The optimists think confidence will sink by […]

Sunday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Sunday’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 FORSUNDAY, AUGUST 29, 2021  The President and the Vice President will be briefed by their national security team and receive intelligence, security, […]

Saturday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Saturday’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 FORSATURDAY, AUGUST 28, 2021 In the morning, the President and the Vice President will meet with their national security team to hear […]

Jackson Hole: Fed Gets Easy Money Advice At Symposium From Presenters

By Steven K. Beckner (MaceNews) – As Federal Reserve policymakers try to calibrate the appropriate amount of monetary stimulus for an economy still recovering from the Covid virus and experiencing unpredictable cross currents in labor and other markets, they received plenty of advice from presenters at the Fed’s annual Jackson Hole symposium Friday. Most of […]

Cautious Powell Stops Short of Signaling Near-Term Tapering In Jackson Hole Talk

‘Progress’ on Employment Made But Much More Ground To Cover Cites Downside Risks From Delta Variant Warns Would Be ‘Mistake’ To Tighten Policy Too Soon By Steven K. Beckner (MaceNews) – A cautious Federal Reserve Chairman Jerome Powell Friday continued to indicate that the Fed is getting closer to scaling back asset purchases, but stopped […]