FED’S BULLARD: MON POLICY ‘GREAT’ BUT CAN ‘REDOUBLE’ QE EFFORTS IF NEEDED

–Fed Established Expectations No Rate Hikes ‘For A Long Time” –Fed, Tsy Have Flexibility To Deal Wtih Renewed Financial Stress if Needed –Economy Holding Up; Expect Above Trend Growth Q4, 1st half –Pandemic Doesn’t Necessarily Impede Output, Employment By Steven K. Beckner (MaceNews) – St. Louis Federal Reserve Bank President James Bullard Tuesday spoke hopefully […]

TUESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Tuesday’s White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, NOVEMBER 24, 2020   In-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: ABCPrint: New York TimesRadio: NPR EST  10:00AM                         In-House Pool Call Time  2:00PM                          THE PRESIDENT and THE FIRST LADY present the National Thanksgiving […]

STATUS CHECK COMMENTARY- A TRUMP GOODBYE SPEECH IN THE WORKS?

WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. ·        A Monday night to remember, when Joe Biden won the presidency, sort of. It was a time for Biden supporters to celebrate all over again. They didn’t but they could have. The […]

BOE SEES DIMINISHING MARGINAL RETURNS FROM ASSET PURCHASES

— External Rate Setters Lament Low Inflation, Raising Questions Over MPC Rift and Future Policy By Laurie LairdLONDON (MaceNews) – Top Bank of England rate setters agreed that quantitative easing will exert a diminishing influence on the UK economic recovery, raising questions about the tools available to the central bank as two external officials lamented […]

MONDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Monday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, NOVEMBER 23, 2020 EST 10:00AM                     In-House Pool Call Time THE PRESIDENT has no public events scheduled. — Content may appear first or exclusively on the Mace News premium service. For real-time email delivery contact tony@macenews.com. Twitter headlines @macenewsmacro.

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, NOVEMBER 21, 2020, THROUGH SUNDAY, NOVEMBER 22, 2020 Saturday, November 21, 2020 EST 8:00AM           In-House Pool Call Time  8:00AM           THE PRESIDENT participates in a Virtual 2020 G20 Summit Closed Press White House Situation Room  Sunday, November 22, […]

STATUS CHECK COMMENTARY- WHAT’S WORTH $18,818.10?

WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Friday night and such shrill warnings from every side. Donald Trump is trashing democracy, says CNN. Governors imposing lockdowns and school closings are trashing democracy, says Fox News. Why doesn’t everyone acknowledge the […]

DATA PREVIEW: ODD THANKSGIVING CAPS OFF A BUSY WEEK

By Kevin Kastner WASHINGTON (MaceNews) – As a result of surging COVID cases, the upcoming Thanksgiving holiday will be the strangest on record, with a Zoom screen at the other end of the table rather than relatives. It could prevent the spread of COVID, but it may also prevent the usual Thanksgiving sporting event in […]

COVID RESURGENCE RAISES EU FINANCIAL STABILITY RISKS, AFFECTS GROWTH OUTLOOK – BOI

By Silvia Marchetti ROME (MacsNews) – The second COVID-19 wave hitting Europe and in Italy is raising financial stability risks and could worsen the outlook, the Bank of Italy warned Friday in its Financial Stability Report.  Even though summer’s economic recovery was greater than expected also thanks to the support of monetary policy, “the risks […]

ECB’S LAGARDE URGES GOV’T, PRIVATE EQUITY SUPPORT FOR EUROPEAN TECH

–Lagarde Makes No Mention of Monetary Policy in Address to Frankfurt Banking Conference By Laurie Laird LONDON (MaceNews) – Up-and-coming European technology firms could greatly benefit from more extensive support from governments and from the private equity industry, according to the continent’s top central banker, outlining her views on the future of employment in a post-Covid […]