THURSDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, OCTOBER 1, 2020 EDT  10:00AM                     In-House Pool Call Time 11:25AM                     Out-of-Town Pool Call Time  12:45PM                     THE PRESIDENT departs the White House en route to Joint Base Andrews South Lawn In-House Pool  12:55PM                     THE PRESIDENT arrives at Joint Base Andrews Joint Base Andrews Out-of-Town Travel Pool  1:05PM                     THE […]

JAPAN DATA: BOJ SEPT. TANKAN SHOWS BUSINESS SENTIMENT UP SLIGHTLY

By Max Sato TOKYO (MaceNews) – Major Japanese firms, led by carmakers and electronics makers, reported their sentiment edged up in September from three months earlier as businesses in their key markets reopened cautiously amid the lingering coronavirus pandemic, according to the Bank of Japan’s quarterly Tankan business survey released Thursday. The key points from […]

DATA FLASH: US SECOND QUARTER GDP REVISED UP TO -31.4%

––Second Quarter PCE Revised Up to -33.2% From -34.1% Previously By Kevin Kastner WASHINGTON (MaceNews) – Second quarter U.S. GDP Wednesday was revised up slightly due to upward adjustments to consumption and residential fixed investment. Analysts will look past this data and toward the third quarter’s likely partial recovery. Second quarter GDP was revised up […]

BANK OF ENGLAND CHIEF ECONOMIST SEES NO CURRENT NEED FOR NEGATIVE RATES

–Haldane Heralds Rapid UK Rebound, Despite Soft Consumer Confidence By Laurie Laird LONDON (MaceNews) – A top Bank of England official Wednesday vigorously downplayed the need for sub-zero interest rates in the UK, citing an economic recovery that has far outpaced the Bank’s expectations. “At present, none of the conditions [that would necessitate negative rates] […]

ECB PRESIDENT DISCUSSES MERITS OF SYMMETRICAL INFLATION TARGETING

By Laurie Laird LONDON (MaceNews) – Europe’s top central banker Wednesday suggested that symmetrical inflation targeting could have merit in dispelling the low inflation environment suffered in advanced economies since the financial crisis. Addressing the ECB and its Watchers XXI conference in Frankfurt, ECB President Christine Lagarde noted that many central banks have explored a […]

STATUS CHECK – DEMOSTHENES DIDN’T SHOW UP

WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The consensus of reaction seemed to be nobody won, and America lost. If you missed the 51 debate tweets on @macenewsmacro, here’s an excerpted selection that imparts the flavor of Tuesday night’s memorable […]