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 […]
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 […]
STATUS CHECK: HURRICANE, UNREST AND POLITICS COMPETE FOR THE SPOTLIGHT
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: • The Gulf Coast Tuesday night was facing imminent and massive damage from Hurricane Laura, a category 4 storm with the possibility of becoming even more powerful before ramming the Gulf Coast between […]
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 […]
STATUS CHECK: CULTURE WAR MORE COMPLICATED AT GROUND LEVEL
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: The conflicted national mood was well represented Tuesday, with the stark warnings from the Republican National Convention speakers the night before of what was described as a choice between “church, work and school […]
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 […]
TUESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Tuesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, AUGUST 25, 2020 EDT 10:00AM In-House Pool Call Time 10:30PM THE PRESIDENT attends the First Lady’s Remarks to the 2020 Republican National Convention Rose Garden Expanded In-House Pool — […]
MONDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Monday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, AUGUST 24, 2020 In-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: FOXPrint: Roll CallRadio: Talk Media News Out-of-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: FOXPrint: Washington TimesRadio: […]