US Data Preview Commentary: Retail Sales, PPI, Hsing Starts, FOMC, New ‘Dot Plot’
WASHINGTON (MacNews) – The explosive snapback of consumer demand, company supply-chain and delivery workarounds and inventory reloading won’t be reflected nearly to the phenomenon’s full extent in Tuesday’s May retail sales report. Just as goods and services productivity being supercharged by firms compensating for the post-pandemic jamming of the economy won’t show up in quarterly […]
Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data: The White House COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 11 – WEDNESDAY, JUNE 16, 2021 Friday, June 11, 2021 In the afternoon, the President will receive the President’s Daily Brief. […]
FOMC May Boost ON RRP, IOER While Leaving Monetary Policy Unchanged
By Steven K. Beckner (MaceNews) – Although monetary policy itself is highly unlikely to change next week, there’s a good chance the Federal Reserve’s policy making Federal Open Market Committee will decide to adjust the administered rates its uses to implement policy. To maintain control of the federal funds rate, the FOMC seems likely to […]
FOMC Seems Ready To Tip Toe Toward Tapering At Mid-June Meeting
–Powell Could Signal Consideration of Less Bond Buying Is Coming By Steven K. Beckner (MaceNews) – Movement away from the most aggressively expansionary monetary policy in the Federal Reserve’s history may seem glacial, but it is not imperceptible. It seems clear, as the mid-June Federal Open Market Committee meeting approaches, that a shift in sentiment […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data: The White House COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JUNE 10 – WEDNESDAY, JUNE 16, 2021Thursday, June 10, 2021 In the afternoon, the President will receive the President’s Daily Brief. This […]
White House Fact Sheet and Exec Order Text Re Removal of TikTok Ban
WASHINGTON (MaceNews) – The following are the texts of the White House fact sheet and of Wednesday’s executive order rescinding Trump-era orders versus TikTok and WeChat: FACT SHEET:Executive Order Protecting Americans’ Sensitive Data from Foreign AdversariesThe Biden Administration is committed to promoting an open, interoperable, reliable and secure Internet; protecting human rights online and offline; […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data: The White House COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JUNE 9 – WEDNESDAY, JUNE 16, 2021Wednesday, June 9, 2021 In the morning, the President and the First Lady will travel to […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The follow are Tuesday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JUNE 8, 2021In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed […]
German Factory Orders Unexpectedly Declined in April
ZURICH (MaceNews) – Orders for Germany’s manufacturing sector unexpectedly declined in April as large-scale orders fell, according to the latest data from the Federal Statistics Office (Destatis) in Wiesbaden. Factory orders fell 0.2 percent in April from the previous month, failing to meet expectations for a 1.0 percent increase according to the median of an […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 7, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, […]