US House-Passed Infrastructure Bill Gets Presidential Signature in Coming Days
By Eric Ham WASHINGTON (MaceNews) – After months of wrangling and tense back-and-forth negotiations, the House of Representatives finally passed the $1.2 trillion infrastructure spending bill shortly before midnight Friday. Saturday morning President Biden hailed it as an inflection point toward winning “the competition of the 21st century., The legislation passed 228-206 with 13 Republicans […]
Weekend Washington Schedules from Mace News
The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FOR SATURDAY, NOVEMBER 6, 2021 AND SUNDAY, NOVEMBER 7, 2021 On Saturday morning, the President will deliver remarks on the passage of the Bipartisan Infrastructure Deal and the rule that will allow the passage of the Build Back Better Act in the State Dining Room. The Vice […]
KC Fed’s George Questions Whether Fed Should Be ‘Patient” About Inflation
— “The argument for patience in the face of these inflation pressures has diminished.” By Steven K. Beckner(MaceNews) – — “The argument for patience in the face of these inflation pressures has diminished.” (MaceNews) – Kansas City Federal Reserve Bank President Esther George appeared to challenge Fed Chairman Jerome Powell’s recently enunciated premise that the […]
Friday November 5 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, NOVEMBER 5, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will deliver remarks on the October jobs report in the State Dining Room. These remarks will be covered by the in-house pool […]
Japan Sept Household Spending Dips Y/Y; Q3 Drop Points to GDP Slump 
By Max Sato (MaceNews) – Japan’s household spending posted the second straight year-on-year drop in September as restrictions on economic activity remained in place until the end of the month in light of a resurgence in coronavirus cases in August, data released Friday by the Ministry of Internal Affairs and Communications showed. As the number […]
Bank of England Leaves Rates Unchanged, Countering Market Expectations
— Governor Andrew Bailey tees up rate rise ‘in months to come’ LONDON (MaceNews) — The Bank of England defied market expectations, leaving its main interest rate at a record-low of 0.1%, but Governor Andrew Bailey warned Thursday of a rate increase over the short-to-medium term. “It will be necessary to increase bank rate in […]
Thursday November 4 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, NOVEMBER 4, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press. In-Town Pool Wires: AP, Reuters, Bloomberg Wire Photos: AP, Reuters, AFP, NYT TV Corr & Crew: ABC […]
FOMC: Tapering of Bond Buying to Start Later This Month, Continue in December
– Fed To Cut Treasury Securities By $10 Billion; MBS $5 Billion Per Month – Powell: Tapering Apt to End Mid-2022, but Adjustable Depending on Conditions – FOMC Still ‘Expects’ Inflation To Be ‘Transitory,’ but Powell More Worried – Powell Says ‘Won’t Hesitate’ To Raise Rates to Counter Inflation if Needed By Steven K. Beckner […]
FOMC: Tapering to Begin This Month at the Expected Pace
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday fulfilled expectations that tapering will get underway, starting the process this month while making no reference to the timeline of eventual liftoff other than the usual goals of maximum employment and 2% inflation. The policy announcement follows: With progress on vaccinations and strong policy support, indicators […]
Wednesday November 3 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCEDULE FOR WEDNESDAY, NOVEMBER 3, 2021 In the afternoon, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press. In-Town Pool Wires: AP, Reuters, Bloomberg Wire Photos: AP, Reuters, AFP, NYT TV Corr & Crew: NBC […]