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 […]
Tuesday November 2 Washington Schedules from Mace News
The White House COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, NOVEMBER 2 – WEDNESDAY, NOVEMBER 3, 2021 Tuesday, November 2, 2021 In the morning, the President will deliver remarks on the U.S. plan to preserve global forests at the “Action on Forests and Land-Use” event. These remarks at the Scottish Event Campus in Glasgow, […]
Monday November 1 Washington Schedules from Mace News
The White House COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FOR MONDAY, NOVEMBER 1 – WEDNESDAY, NOVEMBER 3, 2021 Monday, November 1, 2021 In the morning, the President will travel to Edinburgh, United Kingdom to participate in the World Leaders Summit at the start of the 26th Conference of the Parties to the UN Framework Convention […]