FRIDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, DECEMBER 11, 2020 EST  10:00AM                         In-House Pool Call Time   THE PRESIDENT has no public events scheduled.   ### — Content appears first or exclusively on the Mace News premium service. For real-time email delivery contact tony@macenews.com. Twitter headlines@macenewsmacro.

PREVIEW: FOMC TO REAFFIRM EASY MONEY POLICY; EXTEND FORWARD GUIDANCE TO BOND BUYING

By Steven K. Beckner (MaceNews) – For the Federal Reserve these days, it’s all about shaping and managing expectations – expectations for indefinite continuation of ultra-accommodative monetary policy. That effort will continue at the Fed’s Dec. 15-16 Federal Open Market Committee meeting. The FOMC heads toward its final meeting of 2020 amid very unusual circumstances […]

ECB EXPANDS EMERGENCY QE, LENDING PROGRAMMES; LEAVES RATES ON HOLD

–Inflation Forecast Reduced for 2020; HICP Not Expected to Reach Target Before 2024 By Laurie Laird LONDON (MaceNews) – The European Central Bank Thursday expanded its emergency asset purchase and lending programmes at its latest policy meeting but left its key rates unchanged, raising questions about whether European borrowing costs have reached its so-called “reversal […]