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 […]
US Data Preview Commentary: CPI, PPI, Retail Sales, Powell Testimonies, IndPro, Beige Bk and More
WASHINGTON (MaceNews) – Be brave, it’s peak fraidy-cat week for inflation horrors to descend upon us, or rather, to show up in the data, having plagued us last month. If the price-pressure nightmares show up as expected, the Fed folks will be forced to accelerate their consideration of tapering at the very least (Wharton’s Jeremy […]
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 […]
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 9, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. […]
Japan Sees Rosier Consumer Sentiment While Struggling To Stop Pandemic
By Max Sato (MaceNews) – The latest surveys by the government and central bank point to a gradual pickup in consumer and business confidence in tandem with an accelerated pace of the COVID-19 vaccine rollout, but Japan is being hit by another resurgence of coronavirus cases. The government on Thursday issued a state of emergency […]
ECB Lifts Inflation Target to 2%, Willing to Tolerate Overshoot
By Laurie Laird LONDON (MaceNews) – The European Central Bank Thursday lifted its inflation target to 2% and vowed to tolerate a short-term overshoot of the target. The new target is “not a ceiling,” said ECB President Christine Lagarde, presenting the Bank’s strategy review. Previously the bank aimed for a target of close to but […]
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 8, 2021 In the morning, the President and the Vice President will meet with their national security team to receive a […]
FOMC Minutes: Tapering Parameters Much Discussed But Action Awaits More Data, Time
WASHINGTON (MaceNews) – The Federal Open Market mid-June meeting minutes released Wednesday afternoon highlighted the discussions around tapering to a greater degree than indicated by Fed Chair Jay Powell’s news conference and subsequent Fedspeak, yet made clear the fog of uncertainty is not expected to suggest any action until more time has produced more data. […]
Germany’s Industrial Output Unexpectedly Contracted in May; Down 0.3% From April
ZURICH (MaceNews) – Germany’s industrial production unexpectedly fell in May compared to April, falling 0.3 percent, the Federal Statistics Office (Destatis) in Wiesbaden reported. Expectations were for a 0.5 percent increase for the month, according to the median of an Econoday survey of economists’ forecasts. The April result was revised higher to a decline of […]
Wednesday Washington Schedules from MaceNews
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 7, 2021 In the morning, the President will convene key leaders across the interagency to discuss the Biden-Harris Administration’s overall strategic […]