Fed’s Powell Warns of Ongoing Covid Risks; Says Economy Far From Full Recovery
By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell warned of the continued economic risks posed by the mutating Covid virus Tuesday. And Powell stressed that the economy remains far from completing recovery from the initial outbreak of the pandemic and from achieving the “maximum employment” aspect of the Fed’s dual mandate. The […]
BofA Global Research Fund Manager Survey: Prospects of Fed Taper, China Easing, Delta Variant Concerns Weigh on Growth Outlook
By Vicki Schmelzer NEW YORK (MaceNews) – Federal Reserve tapering prospects, potential People’s Bank of China easing and the fast-paced spread of the COVID-19 Delta variant weighed on the growth outlook in August, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. Even though world growth expectations slipped more markedly […]
Tuesday’s Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’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 FORTUESDAY, AUGUST 17, 2021 In the morning, the President will receive the President’s Daily Brief at Camp David. This meeting will be closed […]
US Data Preview Commentary: Retail Sales, Housing Starts, Powell’s Town Hall and ‘Encirclement’
WASHINGTON (MaceNews) – The lazy, hazy days of … but not this time. U.S. stocks are still setting records but a new pessimism has dawned. About two weeks until Jackson Hole and a few more days afterward in which to likely be disappointed in how little the event added to what we already knew. And […]
Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’s’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, AUGUST 13, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the evening, […]
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, AUGUST 12, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]
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, AUGUST 11, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]
Germany’s ZEW Economic Sentiment Plunges More than Expected in August
ZURICH (MaceNews) – The economic outlook in Germany fell for the third consecutive month in August on Covid and China growth concerns, according to the latest report from the ZEW research institute in Mannheim. Expectations fell 22.9 points from the previous month to 40.4, well below the median forecast of 57.0 in an Econoday survey […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’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 FORTUESDAY, AUGUST 10, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’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 FORMONDAY, AUGUST 9, 2021 On Monday, the President will remain in Wilmington, Delaware. In the morning, the President will receive the President’s Daily […]