FOMC MINUTES: WORRIED ABOUT MORE VIRUS WITH NO STIMULUS
By Denny Gulino WASHINGTON (MaceNews) – The minutes of the mid September Federal Open Market Committee meeting Wednesday showed Fed Board members and regional bank presidents worried about more intense virus outbreaks and the chance of no near-term government stimulus – weeks before both concern seemed to be realized. The minutes added almost nothing in […]
STATUS CHECK ANALYSIS – WHY? WHY NO PANDEMIC RELIEF?
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Another day, another tweet, another reversal that surprises everyone, especially the stock markets. No new pandemic relief until at least sometime after Election Day. So now money left over from the CARES Act […]
STATUS CHECK – REMDESIVIR, A NEW TWEET AND LOTS OF WAITING
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The wrenching change was overpowering, leaving Friday night an empty wasteland of spent emotions, whether for those in MAGA land or for many of those who were just wondering if they really […]
STATUS CHECK – AT LAST, ANOTHER ROUND OF PANDEMIC RELIEF – ALMOST
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Suddenly the clouds are parting and a compromise on another round of pandemic relief money is now the expected outcome of further talks between Treasury Secretary Stephen Mnuchin Thursday. The Capitol newspaper Roll […]
STATUS CHECK: GOODBYE RBG; NOW YEARS, MAYBE DECADES OF SOMETHING ELSE
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. It was 12:53 in the afternoon, eastern time, when the hearse carrying Ruth Bader Ginsburg began to leave the Capitol grounds, the casket having been precisely positioned inside by the stiff military honor […]
STATUS CHECK: SOLEMNITY AND THE USUAL DISCORDANT NOTES
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The quiet day-long procession of Americans paying respect to Ruth Bader Ginsburg was the day’s solemn background music, an impressive tribute to a remarkable woman. And then President Trump came by, wearing a […]
FOMC PREPARES FOR FIRST MEETING IN NEW MONETARY FRAMEWORK ERA
By Steven K. Beckner (MaceNews) – There was very little chance the Federal Reserve was going to raise interest rates anytime soon but, just to make sure, the Fed’s rate-setting Federal Open Market Committee gave itself a dual justification for holding rates down indefinitely with the new monetary policy framework it announced on Aug. 27 […]
FOMC PREPARES FOR FIRST MEETING IN NEW MONETARY FRAMEWORK ERA
By Steven K. Beckner (MaceNews) – There was very little chance the Federal Reserve was going to raise interest rates anytime soon but, just to make sure, the Fed’s rate-setting Federal Open Market Committee gave itself a dual justification for holding rates down indefinitely with the new monetary policy framework it announced on Aug. 27 […]
STATUS CHECK: PANDEMIC LIFE RESUMES AFTER HOLIDAY
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: · Tuesday and life resumes such as it is, with the Labor Day holiday weekend a memory, a brief respite from what has become a cautious existence behind masks, closed doors, filling the […]
STATUS CHECK: LOOKING BEYOND THE ELECTION
WASHINGTON (MaceNews) –-The following is Sunday’s status check of developments in the U.S. that can influence economic, health and political outcomes: On this holiday weekend, instead of the usual recounting of the significant news of the day – of which there is none right now – today’s “Status Check” reflects on a speculative future beyond […]