ECB TEES UP DECEMBER EASING; LEAVES POLICY ON HOLD AT LATEST MEETING
–Lagarde Leaves Door Open to Earlier Eemergency Meeting If Needed –‘Very Attentive to Exchange Rates’ By Laurie Laird LONDON (MaceNews) – The European Central Bank Thursday pledged to “recalibrate” its monetary policy by the end of the year, but left the door open to an emergency consultation of its rate-setting body should the economic picture […]
FOMC APT TO STAND PAT FOR NOW, BUT FUTURE FISSURES EMERGING
By Steven K. Beckner (MaceNews) – The Federal Reserve is about to hold its second Federal Open Market Committee meeting under its new monetary policy framework amid strange and rapidly changing circumstances. No policy change is likely on Nov. 5. In other words, the FOMC will almost certainly leave the federal funds rate in the […]
DATA FLASH: US THIRD QUARTER GDP REBOUNDS BY 33.1%
–-Third Quarter PCE Jumps By 40.7% After 33.2% Drop in Second Quarter –US GDP Still -2.9% Vs. Year Earlier –Initial Claims Slowed by 40,000 to 751,000; 4-Week Average Falls Further By Kevin Kastner WASHINGTON (MaceNews) – As expected, the U.S. economy rebounded in the third quarter, with strength in consumption supplemented by rebounds in the […]
ECB LEAVES POLICY UNCHANGED; SUGGESTS DECEMBER EASING
By Laurie Laird LONDON (MaceNews) – The European Central Bank made no changes to its monetary policy at its rate-setting meeting on Thursday, but suggested that a package of easing measures could come before year end. Unusually, the Governing Council’s opened its press release by acknowledging the perilous state of the eurozone economy: “In the […]
EURO-AREA ECONOMIC SENTIMENT STAGNATED IN OCTOBER
By Marco Babic ZURICH (MaceNews) – The recovery in economic sentiment for the euro-area economies which had been improving steadily since May stalled in October, according to the latest report Thursday from the European Commission. The Economic Sentiment Indicator (ESI) for countries sharing the euro was 90.9 in October, matching the level recorded in September, […]
THURSDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule” DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, OCTOBER 29, 2020 EDT 9:00PM In-House Pool Call Time 9:00AM Out-of-Town Pool Call Time 12:00PM THE PRESIDENT departs Doral, FL, en route to Miami, FL Doral, FL Out-of-Town Travel Pool 12:10PM THE PRESIDENT arrives at Miami International Airport Miami, FL Out-of-Town Travel […]
STATUS CHECK COMMENTARY – IT ONLY SEEMS LIKE GROUNDHOG DAY
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Gee, stocks tanked. The Dow down 943 points. You mean there’s no stimulus package from Washington? Who knew? There’s a surge in coronavirus cases now, in the fall? Why didn’t somebody say […]
WEDNESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, OCTOBER 28, 2020 EDT 9:00AM Out-of-Town Pool Call Time 10:50AM THE PRESIDENT departs the RON Location en route to McCarran International Airport Las Vegas, NV Out-of-Town Travel Pool 11:05AM THE PRESIDENT arrives […]
STATUS CHECK – LOTS OF VOTING, LOTS OF CAMPAIGNING, AND IN PHILLY, LOTS OF LOOTING
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The presidential campaign at fever pitch with a week to go: FLOTUS delivered her one campaign speech Tuesday, in Atglen, Pennsylvania. The media painted a picture of “my husband that I don’t […]
TUESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews)– The following is Tuesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, OCTOBER 27, 2020 EDT 9:30AM In-House Pool Call Time 10:55AM Out-of-Town Pool Call Time 12:30PM THE PRESIDENT departs the White House en route to Joint Base Andrews South Lawn In-House Pool 12:40PM THE PRESIDENT arrives at Joint Base Andrews Joint Base Andrews Out-of-Town Travel Pool 12:50PM THE […]