THURSDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is the Thanksgiving Day public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, NOVEMBER 26, 2020 EST 8:00AM In-House Pool Call Time 3:00PM THE PRESIDENT participates in a Thanksgiving Video Teleconference with Members of the Military Diplomatic Reception Room Closed Press — Content may appear first or […]
STATUS CHECK COMMENTARY- THE HAVES GIVE THANKS, THE HAVE-NOTS WAIT IN LINE
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The day before Thanksgiving, the latest economic data suggested the country is fractured economically as well as politically, with hardship increasing at the same exponential pace as virus infections while those lucky enough […]
FOMC MINUTES: MOST PARTICIPANTS WANTED TO TONE UP ASSET PURCHASES GUIDANCE
WASHINGTON (MaceNews) – The Federal Reserve’s top policymakers wanted to gear forward guidance more to explaining how asset purchases would remain calibrated to the state of the economy at their meeting at the beginning of the month, their minutes showed Wednesday. The suggestion for more definitive guidance, however, fell far short of expectations that the […]
DATA FLASH: US OCTOBER PERSONAL INCOME FALLS AS STIMULUS DISAPPEARS
–US October Personal Income -0.7% After +0.7% in October, Savings Rate 13.6%–Nominal PCE +0.5%, Real PCE +0.5%; Core Prices Flat–November Michigan Sentiment Index Revised Down to 76.9, Expectations Tumble By Kevin Kastner WASHINGTON (MaceNews) – Personal income fell in October, reflecting the removal of the Lost Wages stimulus package that lifted income in September, one […]
UK DOWNGRADES ECONOMIC FORECASTS; RETURN TO POST-PANDEMIC LEVEL DELAYED TO END 2022
By Laurie Laird LONDON (MaceNews) – The UK economy – already lagging its developed-world peers – will recover more slowly than expected, according to updated forecasts released on Wednesday. Output will not regain its pre-pandemic level until the final quarter of 2022, according to UK’s top finance official, Chancellor Rishi Sunak, delivering his spending statement […]
JAPAN GOVT WARNS OF MORE PANDEMIC DRAG ON GLOBAL, DOMESTIC GROWTH
By Max Sato (MaceNews) – Japan’s government on Wednesday warned that global and domestic economies could come under further attack from recent spikes in coronavirus infections, according to its monthly report released by the Cabinet Office. The government also maintained its cautiously optimistic view that both the domestic and global economies are “showing signs of […]