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 […]
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 economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, MAY 18, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Monday White House Schedule 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 17, 2021 In the morning, the President will return to the White House from Wilmington, Delaware. The departure […]
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 upcoming Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, MAY 15, 2021 AND SUNDAY, MAY 16, 2021 On Saturday evening, the President and the First […]
US Data Preview: Housing Starts, FOMC Minutes, Existing Home Sales
WASHINGTON (MaceNews) – A relatively quiet week on the economic data front in the coming week, with the FOMC minutes replay machine giving us the origin story of all the FedSpeak we’ve been hearing again, and again, and … The end-of-week victory for “transitory” was the most notable development looking backwards. The prophets of accelerating […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s public schedules for the White House,, Treasury, the State Department, the Capitol and for upcoming economic data and for Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, MAY 13, 2021 In the morning, the President and the Vice President will receive the President’s […]
Bank of England Chief Economist Calls For Reduction in Monetary Stimulus
–Departing Rate-Setter See Inflation Above 2% By Year End LONDON (MaceNews) – The Bank of England’s chief economist amplified his calls for a slowdown in monetary support for the UK economy, predicting that inflation could top 2% by the end of 2021. “With the economy bouncing back, and with inflation risks on the rise, now […]