Fed’s Daly: Fed Far From Goals; Needs Lot More Strong Data Before Consider Tightening
By Steven K. Beckner — Despite Strong Data ‘Just In Beginning Stages’ of Recovery from Covid –‘Going to Need Repeated Months’ of Strong Data to Change Policy (MaceNews) – San Francisco Federal Reserve Bank President Mary Daly said Thursday that, while recent economic data have been “hopeful,” they are not nearly enough in her mind […]
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 economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, APRIL 15, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in […]
Fed’s Beige Bk Shows Restrained Economic Optimism as Vaccinations Increase
WASHINGTON (MaceNews) – The Federal Reserve’s Beige Book survey of economic conditions coast to coast Wednesday showed some increased optimism based on increased vaccinations and stimulus payments, even in the face of continued high unemployment coupled with some shortage of labor, supply chain disruptions and bad weather. The Beige Book compilation stuck to its favorite […]
Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, APRIL 14, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Japan Feb Machine Orders Unexpectedly Down for 2nd Straight Month
— Govt Downgrades View: Pickup in Machinery Orders Is Marking Time By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, surprisingly slumped in February, confirming some sectors are still cautious about replacing or upgrading capacity, data released Wednesday by the Cabinet Office showed. Earlier this month, the […]
Bank of England Announces Departure of Noted Hawk
By Laurie Laird — Chief Economist Andy Haldane will depart in June LONDON (MaceNews) — Bank of England Chief Economist Andy Haldane will leave the Bank’s Monetary Policy Committee at the end of June, robbing the rate-setting body of one of its most hawkish voices. After 32 years at the Bank, Haldane will take over […]
US FDA/CDC: Cerebral Venous Sinus Thrombosis ‘Extremely Rare’
–To Hold Briefing 10a ET On Recommended Pause in J&J Vaccine Use WASHINGTON (MaceNews) – The announcement by the FDA and CDC Tuesday morning, preceded by a New York Times scoop, recommending a pause in the use of the Johnson & Johnson vaccine, immediately knocked the wind out of U.S. stock futures with the negativity […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, APRIL 13, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]
Italy Hones EU Pandemic Aid Plan, Reforms ‘Key’ Part – Sources
By Silvia Marchetti ROME (MaceNews) – Rome’s government is honing a key pro-growth plan to deploy European pandemic aid which will be forwarded to Brussels by the end of April and will include ambitious investments alongside structural reforms, according to ruling coalition sources. In order to apply for European funds the European Commission must greenlight […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, the State Department, Capitol Hill and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, APRIL 12, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]