KC Fed’s George Voices Inflation Concern; Urges FOMC to Be ‘Flexible, Nimble’
By Steven K. Beckner (MaceNews) – In a sign that misgivings may be spreading among Federal Reserve officials about the consequences of the Fed’s ultra-easy monetary policy, Kansas City Federal Reserve Bank President Esther George voiced concern about potentially “persistent” inflation pressures and said the Fed must be prepared to be more “flexible” and “nimble” […]
Monday’s Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s public 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 24, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief. […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the 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 22, 2021 AND SUNDAY, MAY 23, 2021 On Saturday morning, the President and the First […]
US Data Preview: New Home Sales, Revised GDP/Personal Income, Durables Orders … and FOMO
WASHINGTON (MaceNews) – In the cryptos – fear, uncertainty and doubt. For U.S. stocks, hit “resume” already and stay there. For that U.S. 10-year yield, is it still under 1.65%? The fifth month of this recovery year is almost over and still things feel tentative. The reopenings are becoming universal and the return-to-the-office notices are […]
Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’s public 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 FORFRIDAY, MAY 21, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s schedule 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 20, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
FOMC Minutes Underline Stand-Still Stance With Promise of Ample Advance Notice of Tapering
WASHINGTON (MaceNews) – The minutes of last month’s Federal Open Market Committee meeting Wednesday repeated the emphasis on eventual ample advance notice of any tapering, and did not go as far as a couple of district bank presidents have since in suggesting the time is near to think about thinking about such a policy move. […]
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 19, 2021 In the morning, the President will travel to New London, Connecticut. The departure from the Ellipse […]
Bank of England Governor: Unwinding of QE Could Begin By Discontinuing the Reinvestment of Proceeds
— Bank is carrying out a review as to how to best communicate a reduction in monetary support By Laurie Laird LONDON (MaceNews) — The Bank of England could call a halt to the reinvestment of maturing bond proceeds as a first step to reducing the extraordinary monetary accommodation extended to support the UK economy through […]
BofA Global Research Fund Manager Survey: Investors Pare Equity Positions, Increase Cash Holdings in May
By Vicki Schmelzer NEW YORK (MaceNews) – Global investors pared equity positions and increased cash holdings in May, driven by a rethink of growth and inflation expectations, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. A net 84% of those polled in May looked for stronger world economic growth […]