US Data Preview: CPI, PPI, Retail Sales, IndPro, Still More FedSpeak
WASHINGTON (MaceNews) – The week ahead includes the latest consumer inflation rate, another month of business inflation that in March was running super hot, the April retail sales report and a more than ample supply of FedSpeak. Is any of it as anxiously anticipated nearly as much as the appearance of Elon Musk on “Saturday […]
Bank of England to Slow Pace of Bond Purchases After Sharp Upward Revision to 2021 Growth
By Laurie Laird LONDON (MaceNews) – The Bank of England will reduce its pace of asset purchases as the UK’s aggressive vaccine campaign has allowed the gradual reopening of the economy. “As envisaged since the announcement of [the emergency quantitative easing programme in November 2020] and consistent with developments in financial markets since then, the pace […]
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 economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, MAY 6, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting […]
ANALYSIS: For Most Part FOMC Voters Still Hewing To Loose Monetary Policy Line
But ‘Straws In the Wind’ Bear Watching By Steven K. Beckner (MaceNews) – Since the Federal Reserve’s policymaking Federal Open Market Committee left its lax monetary stance in place on April 28, there has been a flurry of comments by Fed officials, but their main thrust has been to reinforce the likeklihood that the FOMC […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MAY 5, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s Washington schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reseerve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, MAY 4, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. […]
Monday White House Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, MAY 3, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Saturday and Sunday schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, MAY 1, 2021 AND SUNDAY, MAY 2, 2021 On Saturday, the President has no public events scheduled. On […]
US Data Preview: Jobs Rpt, ISMs, Lots of FedSpeak
WASHINGTON (MaceNews) – The week ahead’s economic data is highlighted by Friday’s jobs report, telling us what we already know about March, that employment improved as rebound hiring kept climbing the long road back to full employment. Monday’s appearance of Federal Reserve Chair Jay Powell is on the usually market insensitive subject of community development, […]
ECB’S Chief Economist Highlights Effect of Corporate Bond Purchases; Hints at Clarification of Inflation Targeting
By Laurie Laird — Central banks must be willing to countenance above-target inflation, says Philip Lane LONDON (MaceNews) – Corporate bond purchases have made an important contribution to the European Central Bank’s stimulus programme, according to the ECB’s chief economist, who also hinted at a possible reinterpretation of the Bank’s efforts to meet its inflation […]