Bank of England Avoids Discussion of QE Exit Strategy at Latest Policy Meeting
By Laurie Laird — Sees rise in inflation as “transitory’ LONDON (MaceNews) – The Bank of England Thursday delayed any discussion of removing monetary stimulus at its latest policy meeting, characterising the recent rise in inflation as “transitory.” “Most” MPC members agreed that “sufficient conditions for any future tightening were not met … Policy should […]
U.S. First Quarter Final GDP Revision Confirms 6.4% Growth
WASHINGTON (MaceNews) – Real gross domestic product grew at a 6.4 percent annualized rate in the first quarter according to the third estimate released today by the Bureau of Economic Analysis, thereby confirming the “second” estimate. The result was exactly in-line with expectations, with the median of an Econoday survey of economists’ forecast calling for […]
Japan Govt Sees Economic Pickup With Soft Spots Amid Pandemic Fears
By Max Sato (MaceNews) – Japan’s government Thursday maintained its view on the domestic economy, which is at a delicate stage of crawling out of the pandemic-caused slowdown, with a mixed picture of sluggish consumption against solid production and exports, according to its monthly report released by the Cabinet Office. The government said “signs of […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JUNE 24, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. […]
San Fran Fed’s Daly: Time To Talk About Taper But May Not Come Til ‘22
‘Substantial Further Progress Within Our Sight’; Timing Uncertain May Reach Substantial Further Progress Sooner Than She Thought In Jan. Wants More Clarity on Economy’s Path; Looking Toward Fall Taper Announcement Could Come ‘Late This Year’ Or Early 2022 FOMC Will Be Talking About Mix of MBS vs. Treasury purchases By Steven K. Beckner (MaceNews) – […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 21, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Saturday and Sunday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JUNE 19, 2021 AND SUNDAY, JUNE 20, 2021 On Saturday, the President has no public events scheduled. On […]
US Data Preview Commentary: Personal Income, Existing/New-Home Sales, Durables and the Downside to ‘Transitory’
WASHINGTON (MaceNews) – Beware what look like quiet weeks ahead, like the upcoming week when the Earth’s northern pole tilts to the max toward the sun. The summer solstice means that after 3:32 Monday morning the days start getting shorter in our hemisphere and the diminishing daylight is appropriate for a time of what seems […]
BOJ Keeps Easing Stance; Extends Special COVID-19 Fund Ops Until March 2022
–BOJ To Start New Funding Scheme To Help Address Climate Change By Max Sato (MaceNews) – The Bank of Japan said Friday it is maintaining its policy stance, as expected, vowing to defend the economy from the lingering impact of the pandemic. The bank will also extend the term of its special COVID-19 fund-supplying operations […]
Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 18, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]