US Data Preview: Jobs Rpt, ISMs, Lots of FedSpeak
WASHINGTON (MaceNews) – The week ahead’s economic data is highlighted by Friday’s jobs report, telling us what we already know about March, that employment improved as rebound hiring kept climbing the long road back to full employment. Monday’s appearance of Federal Reserve Chair Jay Powell is on the usually market insensitive subject of community development, […]
Friday White House 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: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, APRIL 30, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed […]
US 1Q GDP Technical Note – Breakdown of Key Elements
WASHINGTON (MaceNews) – The following is the text of the U.S. Bureau of Economic Analysis technical note on the elements of the first quarter advance GDP report published Thursday: Gross Domestic Product, First Quarter 2021 (Advance Estimate)April 29, 2021 This technical note provides background information about the source data and estimating methods used to produce […]
Eurozone Economic Sentiment Shows Strong Gains in April and Beats Expectations
ZURICH (MaceNews) – Sentiment in the Euro-area showed a marked improvement in April, driven by an all-time high for industrial sentiment, and is now above the pre-pandemic level for the first time, according to the latest European Commission report. The Economic Sentiment Index (ESI) rose to 110.3 in April, resoundingly above the 103.0 median forecast […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, the State Department, the Capito and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, APRIL 29, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
FOMC Stands Pat; Powell Gives No Hint of Less Easy Monetary Stance
By Steven K. Beckner (MaceNews) – Despite mounting signs of economic recovery, Federal Reserve policymakers voted Wednesday to maintain their super loose credit policies, and Chairman Jerome Powell gave no hint the Fed is ready to become less aggressively expansionary. The Fed’s rate-setting Federal Open Market Committee FOMC did make significant changes in its policy […]
FOMC Stands Still as Expected, Acknowledges Economy has ‘Strengthened’
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday fulfilled every expectation for doing nothing to alter policy of patience as anti-virus measures progress. The text of the policy statement follows: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its […]
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, APRIL 28, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting […]
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, APRIL 27, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting […]
US NABE Survey Sees Optimism on All Fronts, From Growth to Sales and Employment
WASHINGTON (MaceNews) – Major portions of the panel of 97 members of the National Association for Business Economics generally agreed things are looking up in the American economy, for growth, sales, pricing power, employment, profits and wages. The organization’s quarterly survey published Monday saw gains in many categories through the first quarter and optimism for […]