Fed’s Rosengren: Bond Buying Will Continue Until ‘Substantially More’ Job, Inflation Gains
—Rosengren: Employment Remains ‘Well Below” Year Ago Levels By Steven K. Beckner (MaceNews) – Boston Federal Reserve Bank President Eric Rosengren advocated continued aggressive monetary and fiscal stimulus Friday. Given unsatisfactory labor market conditions, he suggested, the Fed will need to keep buying $120 billion of bonds for the foreseeable future. “Despite a potentially difficult […]
Friday Washington Schedules From MaceNews
WASHINGTON (MaceNews) – The following are Friday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, FEBRUARY 19, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press. After, the […]
Thursday’s 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: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, FEBRUARY 18, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
FOMC Minutes: ‘Likely Take Some Time’ For ‘Substantial Further Progress’ To Taper QE
–‘Economy Still Far From’ Fed’s Employment, Inflation Goals –Must ‘Clearly Communicate’ ‘Well in Advance’ of LSAPs Tapering –‘Important To Abstract’ from ‘Temporary’ Factors Pushing Up Inflation By Steven K. Beckner (MaceNews) – Federal Reserve officials seemingly were looking far down the road when thinking about slowing the pace of asset purchases at their Jan. 26-27 […]
FOMC Minutes Show Same Stand-Still Philosophy Described by Chair Powell
FOMC Minutes Show Same Stand-Still Philosophy Described by Chair Powell WASHINGTON (MaceNews) – Federal Open Market Committee participants mulled the possibility of upside and downside risks on inflation, the pandemic and the uncertain future course of the economy, giving no hint they were even beginning to consider any policy changes. The minutes, in fact, seemed […]
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: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, FEBRUARY 17, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
BoA GLOBAL FUND MANAGER SURVEY; INVESTORS EYE SHARP REBOUND IN ’21; CASH LEVELS AT 8-YR LOW
–Lowest Bond Holdings Since March 2018 By Vicki Schmelzer NEW YORK (MaceNews) – Investors, anticipating a sharper rebound in global economic activity in 2021, put monies to work in February, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. A net 91% of those polled looked for stronger economic […]
TUESDAY WASHINGTON SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following at Tuesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, FEBRUARY 16, 2021 In the afternoon, the President and the Vice 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 the week ahead tentative schedule for the White House, Monday’s public schedule for the White House, Treasury, Capitol Hill as well as upcoming economic data: The White House WEEK AHEAD GUIDANCE FORTHE WEEK OF FEBRUARY 15 – FEBRUARY 19 Monday, February 15, 2021 The President will travel to the White […]
‘HE DIDN’T GET AWAY WITH ANYTHING YET’ – SENATE GOP LDR MCCONNELL ON TRUMP
By Denny Gulino –Trump: MAGA Campaign ‘Has Only Just Begun’ WASHINGTON (MaceNews) – The U.S. Senate Saturday came up 10 Republican votes short of conviction, leaving Donald Trump to declare his MAGA campaign “has only just begun.” The 57 votes against Trump were the biggest and most bipartisan majority yet for conviction of the four […]