ITALY COALITION FACES STALEMATE OVER BUDGET, EU AID PLAN: SOURCES

By Silvia Marchetti ROME (MaceNews) – Italy’s coalition parties are at odds over budget priorities and the use of direct European aid to tackle the COVID-19 pandemic, according to party sources.  The government is expected to forward to the European Commission by the end of this week an updated fiscal framework that will form the […]

DATA FLASH: US SEPTEMBER PPI JUMPS 0.4% ON SURGE IN FOOD

–Prices Ex-Food/Energy +0.4%; Prices Up 0.4% Ex-Trade Services as Well–Food Prices +1.2%, Halting Downward Trend; Energy Prices -0.3%–Prices for Travel Accommodation Services Jump 3.9% By Kevin Kastner WASHINGTON (MaceNews) – U.S. business prices rose by 0.4% in September, ahead of expectations for a 0.2% increase and reflecting a sharp rebound in food prices and a […]

STATUS CHECK – FINALLY, A TRILLION TREES INTERAGENCY COUNCIL

–Maybe February for the Next Round of 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. ·        It was chilly in Johnstown, Pennsylvania, the site of another MAGA rally Tuesday night. More masks than usual.  A whole lot about Biden […]

WEDNESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, OCTOBER 14, 2020 EDT  10:00AM                     In-House Pool Call Time 3:00PM                       Out-of-Town Pool Call Time  11:00AM                     THE PRESIDENT delivers remarks to the Economic Clubs of New York; Florida; Washington, D.C.; Chicago; Pittsburgh; and Sheboygan Rose Garden Closed Press  4:05PM                     THE PRESIDENT departs the White […]

BOE’S BAILEY DISCUSSES NEGATIVE RATE CRITERIA; STRESSES ‘WE’RE NOT THERE’ YET

By Laurie Laird LONDON (MaceNews) – The UK’s top rate setter suggested that negative interest rates may be more effective once an economy begins to recover, but repeated that the Bank of England is not considering an imminent rate cut.  “We’re not there at the moment,” said BoE Governor Andrew Bailey Tuesday, addressing the House […]

DATA FLASH: US SEPTEMBER CPI ROSE BY 0.2%; GAINS SLOWING

–Core Prices Also Up 0.2%; Ex. Only Energy, CPI Still Up 0.2%–Energy Prices Rose By 0.8%, Food Prices Flat By Kevin Kastner WASHINGTON (MaceNews) – The September consumer price data were right on expectations, with 0.2% gain for both headline and core CPI. The year/year rates for inflation remain significantly below their pre-COVID levels and […]

TUESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Tuesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, OCTOBER 13, 2020 EDT  11:00AM                    In-House Pool Call Time4:35PM                      Out-of-Town Pool Call Time  5:50PM                      THE PRESIDENT departs the White House en route to Joint Base Andrews South Lawn In-House Pool   6:00PM              […]

STATUS CHECK – PRIME DAY HERE, KEEP CONCENTRATING ON THAT

WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. ·        It was the best of times, it was the … well let’s not depress ourselves and just leave it there. After all, this week there are two Prime Days, Tuesday and Wednesday, […]

BOE’S BAILEY NEGATIVE RATES ‘NOT NEAR’ DESPITE LETTER TO BANKS ON IMPLEMENTATION

By Laurie Laird LONDON (MaceNews) – The UK’s top rate setter Monday reiterated his mixed messages over the implementation of negative rates, warning that the Bank of England has no imminent plans to push borrowing rates below zero. “We are not near and haven’t addressed whether we should use them,” said Bank of England Governor […]

MONDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Monday’s public White House schedule: f DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, OCTOBER 12, 2020 EDT  11:00AM                            In-House Pool Call Time3:25PM                              Out-of-Town Pool Call Time  4:35PM                             THE PRESIDENT departs the White House en route to Joint Base Andrews   South Lawn In-House Pool  4:45PM                             THE PRESIDENT arrives at Joint Base Andrews Joint Base Andrews Out-of-Town Travel Pool […]