STATUS CHECK: RUMOR CHECK – 2020 WILL END AT SOME POINT

WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Wait, this just in. The Brexit talks have fallen apart. You don’t look surprised. Or even interested.  Someday a headline will flash. Brexit Talks Fall Together. Time is running out, after all. The […]

SATURDAY/SUNDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is the public White House schedule for Saturday and Sunday: WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, DECEMBER 5, 2020, THROUGH SUNDAY, DECEMBER 6, 2020  Saturday, December 5, 2020 EST 2:00PM                      In-House Pool Call Time3:25PM                      Out-of-Town Pool Call Time  4:30PM                      THE PRESIDENT and THE FIRST LADY depart the White […]

DATA PREVIEW: INFLATION MEASURES NOT EXPECTED TO RING ANY ALARM BELLS

WASHINGTON (MaceNews) – The coming week’s economic data measures updated consumer and business inflation readings in a context of higher interest rates and a slower rebuilding of the jobs market. Outside of the standard data, Congress faces a midnight Friday deadline to avoid another government shutdown which, if it happens, could delay the following week’s […]

NOTED BOE DOVE ADOPTS MORE CAUTIOUS TONE ON NEGATIVE RATES

By Laurie Laird LONDON (MaceNews) – One of the more dovish Bank of England rate setters has adopted more cautious view toward sub-zero interest rates in the UK, stressing that the development of a Covid vaccine could herald a more-rapid-than-expected return to normal financing conditions.  Silvana Tenreyro, an external member of the Bank’s Monetary Policy […]

BOE OFFICIAL: FURTHER UK QE MORE EFFECTIVE WITH RATE CUT

—MPC External Member Saunders Also Sees Merit in Sub-Base Rate lLnding to Corporates By Laurie Laird LONDON (MaceNews) – Any expansion of quantitative easing will pack a greater punch if coupled with a rate cut, according to a key Bank of England official, who believes that borrowing rates in the UK have yet to reach […]