US Data Preview Commentary: Housing Starts/Existing Home Sales, LEI, and a Higher Wall of Worry

WASHINGTON (MaceNews) –It’s housing week coming up for U.S. economic data and analysts will be checking new housing completions Tuesday, a much more telling number than starts these days. Completions run several months behind starts which tabulate the stage before construction. It’s completions which calibrate the pipeline to an existing home sale, something that often […]

Friday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JULY 16, 2021 In the morning, the President will participate in the Asia-Pacific Economic Cooperation (APEC) Leaders’ Virtual Retreat, where Leaders will […]

Thursday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JULY 15, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]

Fed’s Powell: FOMC to Discuss Tapering In Late July, But Jobs Goal Far Off

By Steven K. Beckner Downplays Inflation Concerns In Pursuit of Maximum Employment MBS Purchases Will Be On FOMC Table, But Part of Overall QE Effort (MaceNews) – Federal Reserve Chairman Jerome Powell continued to point toward an eventual reduction in the pace of Fed asset purchases in congressional testimony Wednesday, but gave no sense of […]

Wednesday Washington Schedules from Mace News

WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House  DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JULY 14, 2021  In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. […]

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 Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JULY 13, 2021  In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]

Monday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JULY 12, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. […]

Saturday/SundayWashington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are the Saturday’s and Sunday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JULY 10, 2021 AND SUNDAY, JULY 11, 2021 On Saturday, the President has no public events scheduled. On Sunday […]

ECB Decision to Accelerate PEPP Purchases Was Not Reached Unanimously

By Laurie Laird — Some Governing Council members advocated a slowdown in bond buying, according to minutes of June meeting LONDON (MaceNews) – Not all European Central Bank rate setters supported the most recent decision to accelerate asset purchases, with some advocating a slower pace of acquisitions as the eurozone economy outperforms expectations. “In view […]