FRIDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, AUGUST 28, 2020 EDT 11:00AM In-House Pool Call Time 2:00PM Out-of-Town Pool Call Time 2:30PM THE PRESIDENT receives a briefing on Hurricane Laura Oval Office Closed Press 3:50PM THE PRESIDENT departs the White House en route […]
STATUS CHECK: DODGING THE HURRICANE BULLET; ACCEPTING NOMINATION
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes: In the words of Texas Gov. Greg Abbott the Gulf Coast region as well as the northern path inland of Hurricane Laura “dodged a bullet” Thursday with the storm a shade less powerful […]
ANALYSIS: FED CAN NOW HAVE FULL-THROATED RECOVERY FOCUS ON JOBS
By Denny Gulino WASHINGTON (MaceNews) – The pandemic’s destruction of U.S. employment was not the trigger for the new Federal Reserve policy framework, in the works long before the virus hit. However the jobs crisis is a perfectly appropriate context for the focus on employment. That focus had already become the hallmark of the Jay […]
POWELL: FED WILL BE FLEXIBLE WITH AVERAGE INFLATION TARGETING, ACT AS NEEDED
By Steven K. Beckner (MaceNews) – Federal Reserve Chair Jerome Powell said Thursday the Fed will be “flexible” in pursuing a new “average inflation targeting” regime and not use any set “mathematical formula.” Powell, elaborating on what he called a “robust” new monetary policy strategy framework adopted earlier by the Fed’s policy-making Federal Open Market […]
TEXT: FED’S GUIDE TO LONGER-RUN GOALS, MONPOL STRATEGY
WASHINGTON (MaceNews) – The following is the text of the Federal Reserve’s guide to the changes in its longer-run goals and monetary policy strategy that was released along with Fed Chair Jay Powell’s remarks Thursday morning: In the revised Statement on Longer-Run Goals and Monetary Policy Strategy shown below, bold red text shows additions and […]
DATA FLASH: US 2ND QTR GDP REVISED UP TO -31.7%
—Second Quarter PCE Revised Up to -34.1% From -34.6% Previously–Initial Jobless Claims Fell By 98,000 to 1.006 Million in August 22 Week By Kevin Kastner WASHINGTON (MaceNews) – Second quarter GDP was revised up due to upward adjustments to all its components. Even with the small improvement, though, the second quarter reading remains the largest […]
THURSDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, AUGUST 27, 2020 EDT 11:00AM In-House Pool Call Time 11:50AM THE PRESIDENT departs the White House en route to Trump International Hotel Washington, D.C. West Executive Avenue In-Town Travel […]
WEDNESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, AUGUST 26, 2020 EDT 10:00AM In-House Pool Call Time 12:15PM THE PRESIDENT receives his intelligence briefing Oval Office Closed Press 3:00PM THE PRESIDENT meets with Medical Professionals on COVID-19 Oval Office Closed Press — Content may appear […]
DATA FLASH: US AUGUST CONFIDENCE FALLS FURTHER AS CONCERNS GROW
–Confidence in Both Current Conditions, Expectations Drop Sharply–July New Home Sales Jump by 13.9% To 901,000 SAAR, up 36.3% Yr/Yr –Manufacturing Regional Data Mixed, But Further Services Improvement By Kevin Kastner WASHINGTON (MaceNews) -The Conference Board’s U.S. consumer confidence index fell to a reading of 84.8 in August from a downward revised 91.7 reading in […]
GERMAN BUSINESS SENTIMENT CONTINUED TO IMPROVE IN AUGUST
By Marco Babic ZURICH (MaceNews) – Business sentiment in Germany improved for the fourth consecutive month in August as both current conditions and expectations for the situation in the next six months rose. The Ifo Index of Business Sentiment rose to 92.6 in August, slightly above the median forecast of 92.4 in an Econoday survey […]