Friday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data:  The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 18, 2021  In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]

Thursday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data:  The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JUNE 17, 2021  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, […]

Fed’s Powell Signals Serious Discussion of Tapering To Begin At Coming FOMC Meetings

— Sharp Upward Revisions of Funds Rate Projections Reinforces Message By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell gave the first indication he is ready to contemplate lessening monetary accommodation, even as he and his fellow policymakers left in place the most aggressively easy monetary stance in its history Wednesday. Though not […]

FOMC Maintains Asset Purchase Schedule, Says Little Else

WASHINGTON (MaceNews) – The following is the text of the FOMC policy statement Wednesday afternoon: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. Progress on vaccinations has reduced the spread of COVID-19 in […]

Wednesday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Wednesday’s public schedules for President Biden, the Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House  COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JUNE 16, 2021   In the morning, the President will receive the President’s Daily Brief. This meeting […]

BofA Global Research Fund Manager Survey:   Investors See Inflation As Transitory, Temper Still Solid Growth Expectations

By Vicki Schmelzer NEW YORK (MaceNews) – Global investors in June maintained their view that any inflation pressure being seen currently and going forward would be transitory, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday.   Growth expectations remained solid this month, but down from the lofty views seen earlier […]

Tuesday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Tuesday’s public schedules for President Biden, the Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House   COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JUNE 15 – WEDNESDAY, JUNE 16, 2021 Tuesday, June 15, 2021 The President will meet with His […]

Monday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Monday’s public schedules for the White House, Treasury, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House  COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 14 – WEDNESDAY, JUNE 16, 2021Monday, June 14, 2021 In the morning, the President will receive the […]

FOMC May Boost ON RRP, IOER While Leaving Monetary Policy Unchanged

By Steven K. Beckner (MaceNews) – Although monetary policy itself is highly unlikely to change next week, there’s a good chance the Federal Reserve’s policy making Federal Open Market Committee will decide to adjust the administered rates its uses to implement policy. To maintain control of the federal funds rate, the FOMC seems likely to […]

ECB to Continue Accelerated PEPP Purchases Despite Brighter Outlook

— Lagarde cites some “divergence of views” over policy stance By Laurie Laird LONDON (MaceNews) – The ECB will extend its accelerated pace of asset purchases despite a sharp upward revision to growth prospects, but President Christine Lagarde signaled some disagreement amongst rate setters about the appropriate policy stance. “There was some divergence on particular […]