FRIDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, SEPTEMBER 11, 2020 EDT 5:10AM                      In-House Pool Call Time 6:10AM                       Out-of-Town Pool Call Time 7:30AM                      THE PRESIDENT and THE FIRST LADY depart the White House en route to Joint Base Andrews South Lawn In-House Pool 7:40AM                      […]

STATUS CHECK: ‘I WANT TO SHOW STRENGTH AS A LEADER’

WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Another MAGA rally, this one in Freeland, Mich. Thursday night, well attended. Familiar themes, cheers of “Four more years,” and very few masks. September 15’s “Burn Your Mask” day is still on.  Earlier […]

PRESIDENT TRUMP: ‘I WANT TO SHOW STRENGTH AS A LEADER’

WASHINGTON (MaceNews) – The following is a key excerpt from President Donald Trump’s White House news conference Thursday afternoon:      All right, please, Jon.      Q    Yes, thank you, Mr. President.  Why did you lie to the American people?  And why should we trust what you have to say now?      THE PRESIDENT:  Such a terrible question […]

BOC’S MACKLEM Q&A: AS BANK ASSESSES ASSET PURCHASES, ‘COULD BE MORE, COULD BE LESS’

NEW YORK (MaceNews) – Bank of Canada Governor Tiff Macklem Thursday said the bank’s “recalibration” of its asset purchases means it will consider adjusting the scale of its buying, and the maturities of its debt purchases. Macklem, speaking at a press conference, was asked to explain the bank’s recent statements that it will “recalibrate” its large-scale asset […]

BOC’S MACKLEM REPEATS: QE TO STAY UNTIL RECOVERY WELL UNDER WAY, TO CALIBRATE AS NEEDED

NEW YORK (MaceNews) – Bank of Canada Governor Tiff Macklem repeated Thursday the bank will keep its extraordinary monetary policy measures in place, and will calibrate its asset purchases as needed to support the recovery and meet its inflation target. Echoing language from the bank’s Wednesday policy announcement when policy-makers kept rates on hold, Macklem […]

ECB ‘MONITORING’ EURO STRENGTH; UPGRADES 2020 GDP FORECAST

— Rate on Hold After Latest Governing Council Meeting By Laurie Laird LONDON (MaceNews) – The European Central Bank discussed the recent appreciation of the single currency at its latest governing council meeting, but declined to specify the risks of sustained euro strength to the nascent economic recovery. The governing council made a rare passing […]

DATA FLASH: US AUGUST PPI UP 0.3%; FOOD AND ENERGY DOWN

–Prices Ex. Food and Energy Rose 0.4%; Up 0.3% Excluding Trade Services as Well–Energy Prices Fall 0.1% After Two Gains; Gasoline Prices Down 1.4%–Food Prices Down 0.4%, Continuing Downward Trend–Initial Jobless Claims Unchanged at 884,000 in the August 5 Week By Kevin Kastner WASHINGTON (MaceNews) – U.S. business prices rose by 0.3% in August, as […]

TEXT: ECB POLICY STATEMENT

FRANKFURT (MaceNews) – The following is the text of Thursday’s European Central Bank policy statement: At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged […]