NY FED: US CONSUMER EXPECTATIONS FELL IN MARCH AMID VIRUS

NEW YORK (MaceNews) – US consumer worries about job losses and household finances ratcheted up in March as COVID-19 fears rose, the Federal Reserve Bank of New York reported. The Fed’s survey of households, conducted March 2-31, shows “a considerable deterioration in households’ expectations regarding their labor market and financial situation across all age, education, […]

BANK OF CANADA: PRE-COVID-19, CANADA CONSUMER SENTIMENT IMPROVED IN Q1

NEW YORK (MaceNews) –  Canada’s consumers were feeling better in the first quarter, before the COVID-19 pandemic, and before oil prices plunged, a Bank of Canada quarterly survey found. Consumers’ expectations for one-year-ahead and five-year-ahead inflation increased slightly in the first quarter of 2020, reversing some declines seen in the fourth quarter. The two-year-ahead expectations […]

BANK OF CANADA: MANY BUSINESSES POLLED IN MID-MARCH ALREADY SAW SHARP DECLINES

NEW YORK (MaceNews) – The Bank of Canada’s quarterly survey of executives saw business sentiment had already begun weakening before COVID-19 worries intensified in Canada, especially in energy-producing regions. Some businesses polled again in mid-March reported a sharp decline in business activity, and many others were expecting it. The bank’s spring Business Outlook Survey composite […]

WHITE HOUSE WATCH COMMENTARY: PRESIDENTIAL ENEMIES: MEDIA AND GOVS WHO COMPLAIN

By Denny Gulino WASHINGTON (MaceNews) – By the 10th mention the musical cadence of “hydroxychloroquine” had mostly grown old and President Trump was not going to subject his long-suffering audience of reporters to even one more mention, so Sunday night he spared them by cutting off the esteemed NIH specialist Tony Fauci before he could […]