FED’S GEORGE: TOO SOON TO THINK OF ADJUSTING MONETARY POLICY; MUST ‘WAIT AND SEE’
–Fed Won’t Hike Funds Rate If Inflation Goes Over 2% –Would Have To Decide How To React if Inflation Rises in ‘Unanticipated Ways’ By Steven K. Beckner (MaceNews) – Kansas City Fed President George said Tuesday that monetary policy needs to “remain accommodative for some time” and said it’s “too soon to speculate about the […]
FED’S BOSTIC: READY TO ‘RECALIBRATE’ POLICY IF ECON STRONG BUT DON’T SEE 2021 HIKES
By Steven K. Beckner (MaceNews) – Atlanta Federal Reserve Bank President Raphael Bostic said Monday he would be willing to consider “recalibrating” the Fed’s monetary policy stance if the economy proves stronger than expected, but said he can’t envision raising the federal funds rate from near zero until next year at the earliest. Bostic, a […]
STATUS CHECK COMMENTARY: TRUMP HOPES FOR A REBOUND, FACES ANOTHER IMPEACHMENT
WASHINGTON (MaceNews) – The following is Friday night’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The bastions of freedom are firmly in place, holding back the forces of Trump, at least temporarily. That’s right, Twitter, Facebook, Google, even Spotify have moved to keep the president off […]
DATA PREVIEW: RETAIL SALES AND INFLATION MEASURES
WASHINGTON (MaceNews) – Economic data in the week ahead includes the December retail sales report, along with the two major inflation measures, the CPI just a week from Inauguration Day and the PPI but market participants are unlikely to pay much attention. The major stock indexes were propelled back into record territory Friday, in part […]
STATUS CHECK COMMENTARY: THE POST-SIEGE SCRAMBLE
WASHINGTON (MaceNews) – The following is Thursday night’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The White House scrambled Thursday to soften the accurate perceptions of President Trump’s actions that precipitated the physical attack on Congress as various threats to his remaining few days in office […]
STATUS CHECK COMMENTARY: WHAT NOW?
WASHINGTON (MaceNews) – The following is Wednesday night’s status check of developments in the U.S. that can influence economic, health and political outcomes: The images from the Capitol Wednesday have been burned into the national consciousness where they will remain, to be engraved in the history books, a “dark moment” said President Elect Joe Biden. […]
STATUS CHECK COMMENTARY: RISKS OF BACKLASH/BACKFIRE HAUNT DISSIDENT SENATORS
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Thirteen senators who will challenge Electoral College votes Wednesday are betting on the persistence of public opinion, at least that of the Trumpist base they’re appealing to, so that during their long terms […]
EVANS: MON. POLICY WELL POSITIONED NOW; DECIDE IN SPRING ABOUT MORE QE
Can Adjust Pace, Duration of Bond Buys If Decide Need More Accommodation Not Concerned About Rising Bond Yields If Reflect Stronger Recovery Don’t Raise Funds Rate Until Inflation Overshoots 2%, Averages 2% By Steven K. Beckner (MaceNews) – Chicago Federal Reserve Bank President Charles Evans suggested Monday that, as far as he’s concerned, it would […]
MONDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Monday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JANUARY 4, 2021 In-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: CBSPrint: Washington ExaminerRadio: ABC Out-of-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: CBSPrint: USA TodayRadio: SRN EST […]
THURSDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, DECEMBER 24, 2020 EST 7:30AM Out-of-Town Pool Call Time As the Holiday season approaches, President Trump will continue to work tirelessly for the American People. His schedule includes many meetings and calls. ### — Content may appear first […]