Re OPEC+, ‘Prudence’ is Watchword as Production Limits Mostly Left in Place
By Brai Odion-Esene, SW4 Insights for Mace News WASHINGTON (MaceNews) – Major oil-producing countries Thursday voted to maintain limits on their collective output levels for another month, arguing that the still-cloudy global economic outlook requires a prudent approach. “The Meeting recognized the recent improvement in the market sentiment by the acceptance and the rollout of […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’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 FORTHURSDAY, MARCH 4, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval […]
Fed’s Beige Book Survey Blurry, Sees Slow Improvement in Jobs; No Sharp Rebound
–Consumer Spending, Auto Sales ‘Mixed’ WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book released Wednesday found nooks and crannies of subdued progress across the country but no sharp generalized rebound under way. “Economy activity expanded modestly” in the past six weeks, the Atlanta Fed said in characterizing the views of business executives even as economic […]
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 […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’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 FORWEDNESDAY, MARCH 3, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval […]
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. […]
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 […]
NABE Survey: More Optimistic Re Growth But Jobs Recovery Waits Until ‘23
WASHINGTON (MaceNews) – The National Association for Business Economics, in its March outlook survey of members released Monday, found more optimism about growth but no full jobs recovery until 2023. Their views are bullet pointed here: Summary: While NABE panelists have become increasingly optimistic about future GDP growth, their views on the job market are […]
Monday’s Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s public schedules for the White House, Treasury, Capitol Hill and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, MARCH 1, 2021 In the morning, the President will depart Wilmington, Delaware en route Washington, DC. The departure from Delaware Air National Guard Base will […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the public schedules for the White House, Treasury, the Capitol and for upcoming economic data: WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, FEBRUARY 27, 2021 AND SUNDAY, FEBRUARY 28, 2021 On Saturday, the President will deliver remarks on the American Rescue Plan. This event will be pooled press. Later, the President […]