Clarida Keys On Inflation Expectations As Determining Shape of Monetary Policy
By Steven K. Beckner (MaceNews) – Federal Reserve Vice Chairman Richard Clarida put heavy emphasis Wednesday on the behavior of inflation expectations in determining the proper response of monetary policy as the economy evolves in coming years, Clarida, whose monetary economics bona fides have made him an influential lieutenant to legally trained Fed Chairman Jerome […]
Fed’s Beige Bk Shows Restrained Economic Optimism as Vaccinations Increase
WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic conditions coast to coast Wednesday showed some increased optimism based on increased vaccinations and stimulus payments, even in the face of continued high unemployment coupled with some shortage of labor, supply chain disruptions and bad weather. The Beige Book compilation stuck to its favorite […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, APRIL 14, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Bank of England Announces Departure of Noted Hawk
By Laurie Laird — Chief Economist Andy Haldane will depart in June LONDON (MaceNews) — Bank of England Chief Economist Andy Haldane will leave the Bank’s Monetary Policy Committee at the end of June, robbing the rate-setting body of one of its most hawkish voices. After 32 years at the Bank, Haldane will take over […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, APRIL 13, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, APRIL 12, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
ECB Rate Setter Refuses to Rule Out Additional PEPP Purchases to Lift Inflation to Target
By Laurie Laird — Fabio Panetta calls inflation outlook “unsatisfactory” LONDON (MaceNews) – A leading European central banker lamented the eurozone’s chronically-low inflation, refusing to rule out an extension of the current asset purchase programme if inflation remains below target. “We do have room for manoeuvre, because so far we have only used part of […]
Saturday/Sunday Washington Schedules MaceNews
WASHINGTON (MaceNews) – The following are Saturday and Sunday schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, APRIL 10, 2021 AND SUNDAY, APRIL 11, 2021 On Saturday and Sunday, the President has no public […]
US Data Preview: CPI, Retail Sales, Housing Starts
WASHINGTON (MaceNews) – This current month and in May is when the inflation rate is finally going to hit the Fed’s target of 2% and we begin riding the “transitory” express, waiting for the ride back down. At least that’s what Federal Reserve Gov. Lael Brainard told us late last month about negative comps. “The […]
Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’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 FORFRIDAY, APRIL 9, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in […]