THURSDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, SEPTEMBER 17, 2020 EDT  9:00AM                     In-House Pool Call Time 5:15PM                      Out-of-Town Pool Call Time  11:30AM                     THE PRESIDENT participates in a credentialing ceremony for newly appointed ambassadors to Washington, D.C. Oval Office Closed Press  2:20PM                     THE PRESIDENT departs the White House en route to […]

STATUS CHECK: VACCINES, BIG 10, 2% INFL – ALL ON THE WAY

WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Wednesday and it seems the world is singing the old Bob Gibson song, “That’s the Way It’s Gonna Be,” also recorded by Bob Denver, The Chad Mitchell Trio, Jose Feliciano and many more. […]

FOMC DOUBLES DOWN ON INFLATION OVERSHOOTING

–To Aim ‘Moderately above 2% For Some Time’ –Will Have a Big Area of the Economy ‘That Struggles’ By Denny Gulino WASHINGTON (MaceNews) – The new era of Federal Reserve policy allowing an overshoot of its 2% inflation target for an extended time launched Wednesday with two Federal Open Market Committee dissents after a “robust […]

TEXT: FOMC STATEMENT – TO KEEP ACCOMMODATION TILL HIT INFL TARGET

WASHINGTON (MaceNews): The following is the text of the Federal Open Market Committee’s policy statement released Wednesday: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and […]

DATA FLASH: RETAIL SALES GROWTH SLOWS FURTHER, UP 0.6% IN AUGUST

–Retail Sales Ex Motor Vehicles Up 0.7%; Vehicle Sales Rebound By 0.2%–Business Inventories Rise 0.1% in July, Business Sales Up 3.2% By Kevin Kastner WASHINGTON (MaceNews) – Retail sales rose for the fourth straight month in August, but the pace of growth continues to slow as the initial post-shutdown burst is running out of strength. […]