Fed’s Powell: Progress Made, But Economy Not Yet At ‘Substantial Further Progress’
–Little Support For Faster Reduction in MBS Purchases. By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell continued Wednesday to set the stage for eventual reductions in the Fed’s large-scale asset purchases, and gave no clear signal as to when “tapering” could commence. For the time being, the policy making Federal Open Market […]
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 28, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the […]
US NABE Survey Shows Optimism About Pace of Hiring, Profits, Growth
WASHINGTON (MaceNews) – The latest survey of National Association for Business Economics Monday showed continuous optimism about hiring, profits and growth. The 93 business economists surveyed saw a strong growth trajectory ahead with some seeing the second quarter’s expected spectacular result, to be reported Thursday, being maintained in several quarters ahead. The commentary and highlights […]
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, JULY 26, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting […]
US Data Preview Commentary: 2Q GDP/Personal Income; FOMC/Powell; New Home Sales and … Evictions
WASHINGTON (MaceNews) –A week ahead with a soaring GDP, strong income, maybe some more records for stocks, all in all a super summer under way with only a few negatives, like a pending wave of evictions, a raging virus, accelerating inflation and deep and sometimes paralyzing ideological fissures. For the time being, no one is […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the schedules for Saturday and Sunday 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 24, 2021 AND SUNDAY, JULY 25, 2021 On Saturday, the President has no public events scheduled. On […]
FOMC Mainstream Seems In No Hurry To Taper As Late July Meeting Nears
By Steven K. Beckner (MaceNews) – Having started “talking about talking about” scaling back asset purchases at their mid-June Federal Open Market Committee meeting, Federal Reserve policymakers will presumably begin really “talking about” “tapering at the July 27-28 FOMC meeting. The timing of actual reductions in bond buying, however, remains very much in doubt, although […]
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 23, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the […]
ECB Adds Dovish Tweak To Forward Guidance, Hints at Governing Council Disagreement On Rates
By Laurie Laird LONDON (MaceNews) – The European Central Bank adopted a more dovish tone after its latest rate-setting meeting, but ECB President Christine Lagarde hinted at a lack of agreement among Governing Council members over interest rate policy. Adopting new forward guidance in the wake of a policy review unveiled on 8 July, the […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the schedules for Thursday 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 22, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the […]