Chicago Fed’s Evans Looks to ‘Fall’ to Assess ‘Progress’ Toward Tapering
– Would Be ‘Challenging’ To Cut MBS More Than Treasury Purchases By Steven K. Beckner (MaceNews) – Chicago Federal Reserve Bank President Charles Evans pointed Thursday toward “the fall” for the Fed to make a determination that sufficient progress has been made toward to the Fed’s employment and inflation objectives and, hence, move to scale […]
Bank of England Officials Hint at Earlier-Than-Expected Tightening
By Laurie Laird LONDON (MaceNews) — Two Bank of England rate setters have suggested that UK recovery has become sufficiently entrenched to warrant a reduction in monetary accommodation. Forward guidance set at the latest Monetary Policy Committee meetings “no longer rules out tightening,” said external MPC member Michael Saunders, adding that conditions on tightening policy “have […]
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 15, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
Fed’s Powell: FOMC to Discuss Tapering In Late July, But Jobs Goal Far Off
By Steven K. Beckner Downplays Inflation Concerns In Pursuit of Maximum Employment MBS Purchases Will Be On FOMC Table, But Part of Overall QE Effort (MaceNews) – Federal Reserve Chairman Jerome Powell continued to point toward an eventual reduction in the pace of Fed asset purchases in congressional testimony Wednesday, but gave no sense of […]
Wednesday Washington Schedules from Mace News
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, JULY 14, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. […]
BofA Global Research Fund Manager Survey: Global Investors’ Overall Upbeat Attitude In July Sees Still Sizable Overweights In Stocks And Commodities
By Vicki Schmelzer NEW YORK (MaceNews) – Global investors, while much less bullish than in prior months, maintained an overall upbeat attitude in July, as evidenced by still sizable overweight holdings in stocks and commodities, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. Growth expectations slipped again on the […]
Tuesday 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 FORTUESDAY, JULY 13, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]
Fed’s Williams to Reporters: Need More Data on Jobs, Inflation Before Deciding on Taper
By Steven K. Beckner (MaceNews) – New York Federal Reserve Bank President John Williams was vague Monday about when he thinks the Fed should start scaling back its asset purchases, but suggested he is no hurry. Williams said he needs to see a lot more data on both employment and inflation before coming to a conclusion […]
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, JULY 12, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. […]
Saturday/SundayWashington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the Saturday’s and Sunday’s 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 10, 2021 AND SUNDAY, JULY 11, 2021 On Saturday, the President has no public events scheduled. On Sunday […]