Bank of England Avoids Discussion of QE Exit Strategy at Latest Policy Meeting
By Laurie Laird — Sees rise in inflation as “transitory’ LONDON (MaceNews) – The Bank of England Thursday delayed any discussion of removing monetary stimulus at its latest policy meeting, characterising the recent rise in inflation as “transitory.” “Most” MPC members agreed that “sufficient conditions for any future tightening were not met … Policy should […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday 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 FORTHURSDAY, JUNE 24, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday 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 FORWEDNESDAY, JUNE 23, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief […]
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 […]
Bundesbank’s Weidmann: Sharp Price Rises in Germany ‘Temporary;’ No Signs of Excessive Medium-Term Price Pressures
ZURICH (MaceNews) – Bundesbank President Jens Weidmann that current price increases in Germany are of a temporary nature and that he doesn’t see signs of higher inflation rates solidifying. In an interview with the business daily Handelsblatt, Weidmann said that “from our viewpoint, the sharp price increases in Germany are temporary and there aren’t signs […]