FED’S POWELL: WILL SHRINK BALANCE SHEET GRADUALLY, TRANSPARENTLY AND NOT ANY TIME SOON
By Steven K. Beckner — Economy far From Strong Labor Market; Downside Risks Predominate— Doesn’t Foresee Sustained Pick-up In Inflation (MaceNews) – Federal Reserve Chairman Jerome Powell strongly suggested Wednesday that the Fed will reduce the pace of its bond buying only very gradually, with ample warning and not anytime soon. Powell, in a webcast […]
WEDNESDAY WHITE HOUSE SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are the Wednesday public schedules for the White House, Treasury, the Capitol and upcoming economic statistics: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, FEBRUARY 10, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
TUESDAY’S WASHINGTON SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, FEBRUARY 9, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
STATUS CHECK COMMENTARY: THE BIG QUESTION MARK – THE TRIAL BEGINS
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes: • Context is everything. Without context, where something fits, its importance can’t be measured and felt, before, during, after. The trial now begins of Donald J. Trump and the “after” will be inscribed […]
MONDAY WASHINGTON SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are Monday’s public schedules for the White House, Treasury, Capitol Hill and upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, FEBRUARY 8, 2021 In the morning, the President will depart Wilmington, Delaware en route the White House. The departure from New Castle Air National Guard Base […]
DATA PREVIEW: INFLATION SPECTER REAPPEARS EVERYWHERE BUT THE DATA
–CPI on Wednesday; UMich on Friday WASHINGTON (MaceNews) – The Consumer Price Index is reported on Wednesday by the Bureau of Labor Statistics and is not expected to exhibit any sudden acceleration, particularly since its driving force, the shelter index, has been moderating for five months. The consumer price measure plays a big role in […]
FRIDAY WASHINGTON SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, FEBRUARY 5, 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 […]
JAPAN DEC HOUSEHOLD SPENDING SLIPS Y/Y BUT OCT-DEC GAIN POINTS TO Q4 GDP GROWTH
By Max Sato (MaceNews) – Japan’s household spending in December suffered the first year-on-year drop in three months, albeit modest, as more people turned cautious about eating out and traveling outside their areas, data released Friday by the Ministry of Internal Affairs and Communications showed. But the key indicator of private consumption marked the second […]
BOE GIVES BANKS 6 MONTHS NOTICE TO PREPARE FOR POSSIBLE SUB-ZERO RATES
— Leaves rates, QE Programme Unchanged After February Rate-Setting Meeting By Laurie Laird LONDON (MaceNews) – The Bank of England has asked UK financial institutions to begin a six month preparation period in the event the UK economy requires the additional stimulus of a sub-zero base rate. The Bank’s Monetary Policy Committee “concluded that it would […]
WEDNESDAY WASHINGTON SCHEDULES
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the Capitol and with upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, FEBRUARY 3, 2021 In the afternoon, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting is […]