Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, MARCH 16, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
MONDAY WASHINGTON SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are are Monday’s schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, MARCH 15, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
US Data Preview: Rescue Plan Billions Transcend Data/FOMC
–Coming Up, Retail Sales, Housing Starts; FOMC, Leading Indicators WASHINGTON (MaceNews) – Let’s face it, far more significant than the upcoming week’s economic data and FOMC meeting – more than perhaps the entire year’s upcoming data and FOMC meetings – is that the government is beginning to dump American Rescue Plan billions – hundreds of […]
FOMC Preview: Fed Not Apt To Start Signaling Policy Shift at Mid-March FOMC Meeting
By Steven K. Beckner (MaceNews)– With each passing day, as the recovery continues (and as more Americans get vaccinated), we are getting closer to the time when the Federal Reserve starts tapping the brakes on its supercharged monetary race car. But that doesn’t mean it’s close, and it’s doubtful we will see any perceptible movement […]
European Central Bank to Accelerate Asset Purchases to Combat Rising Bond Yields
By Laurie Laird LONDON (MaceNews) – The European Central Bank will accelerate purchases under its crisis quantitative easing programme, but otherwise left policy unchanged at Thursday’s Governing Council meeting, as it confronted the recent rise in bond yields. “There was consensus at the table of the Governing Council today,” said ECB President Christine Lagarde, briefing […]
Chicago Fed’s Evans Sees Strong Economic Rebound in 2021
— Says Fed will continue to do asset purchases across the Treasury curve in current economic environment— Evans watching 10-year yield as an bellwether; accommodative monetary appropriate— Evans sees U.S. stimulus package as a positive, notes consumer spending strong— Says current unemployment rate masks those who cannot return to work, but still sees economy strongly […]
SF Fed’s Daly: Yield Curve Control a Tool Fed Could Use If Needed; Must Choose Price or Quantity
By Steven K. Beckner (MaceNews) – San Francisco Federal Reserve Bank President Mary Daly said Tuesday that monetary policy is “in a good place” presently, but said the Fed could decide to extend the maturity of its asset purchases if necessary – for example if it decided that long-term interest rates were moving too high. […]
ECB Officials Hint At Easier Policy Stance In Face Of Rising Bond Yields
— Panetta, de Guindos suggest the PEPP envelope could be increased By Laurie Laird LONDON (MaceNews) – Leading European Central Bank officials expressed concern over the recent increase in sovereign bond yields, suggesting that the ECB is open to increasing its quantitative easing programme or even cutting interest rates to keep borrowing costs in check. […]
TUESDAY WASHINGTON SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: White HouseDAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, MARCH 2, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This […]
Fed’s Bullard: Want To See Economic Progress Materialize Before Consider Policy Adjustment
By Steven K. Beckner (MaceNews) – St. Louis Federal Reserve Bank President James Bullard was upbeat about the economic outlook Thursday, but said he is not ready to start considering any scaling back of the Fed’s ultra-easy monetary policy. He told reporters he is not concerned about the recent spike in bond yields and does […]