Rome To Raise GDP Forecast, Lower Deficit, Debt Projections but Disputes Ahead on Funding Priorities, Sources Say
By Silvia Marchetti ROME (MaceNews) – Italy’s government is expected to raise its GDP growth forecast for this year to 6% and lower projected fiscal deficit and debt levels, but key spending measures will have to be scaled back to stabilize Italy’s finances, said ruling coalition sources. “The current scenario has improved compared to our […]
Thursday September 23 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, SEPTEMBER 23, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press. In the afternoon, the President will receive the Weekly Economic Briefing in the Oval Office. This meeting […]
FOMC: Tapering ‘May Soon Be Warranted’ If Progress Continues
Half of FOMC Participants Now See Funds Rate Hike By End 2022 Powell Says FOMC Could Announce Bond Buying Cuts At Nov. 2-3 Meeting Powell Says Inflation Test More Than Met; Employment Goal ‘All But Met’ By Steven K. Beckner (MaceNews) – The Federal Reserve took another incremental but very significant step toward making monetary […]
FOMC Policy Statement: Tapering ‘May Soon be Warranted’
WASHINGTON (MaceNews) – The Federal Open Market Committee Wednesday put off any declarations on when it might begin the tapering process other than saying “it may soon be warranted.” Inflation? It’s still largely transitory.. The text of the statement follows: The Federal Reserve is committed to using its full range of tools to support the […]
Commentary: Ignoring the US Housing Timebomb
WASHINGTON (MaceNews) – The latest trove of housing data Wednesday collected by the National Association of Realtors provided more definition to America’s bifurcated housing market, one in which the haves get what they want, expensive houses that are available for sharply escalating prices, and the have nots, the younger generations buying their first home, who […]
Wednesday September 22 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, SEPTEMBER 22, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will convene a virtual COVID Summit on the margins of the United Nations General Assembly. This event in the South Court Auditorium […]
BOJ Keeps Easing Stance, Sees Resilient Japan Economic Pickup Amid Pandemic
By Max Sato (MaceNews) – The Bank of Japan said Wednesday it is maintaining its stimulative policy, as expected, to support a gradual recovery from the pandemic-caused slump and continue its eight-year-old campaign to guide low inflation toward stable 2%. The central bank largely left its view on Japan’s resilient economic pickup amid the pandemic […]
Tuesday September 21 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, SEPTEMBER 21, 2021 In the morning, the President will deliver remarks before the 76th Session of the United Nations General Assembly. These remarks at the United Nations Headquarters will be covered by the restricted out-of-town pool. At noon, the President will participate in a bilateral […]
Monday, September 20 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR MONDAY, SEPTEMBER 20, 2021 In the morning, the President will travel from Rehoboth Beach, Delaware to the White House. The departure from Rehoboth Beach, Delaware will be covered by the supplemental pool. The arrival on the South Lawn will be open press and pooled for TV. […]
Biden’s Fork in the Road on the Fed
WASHINGTON (MaceNews) – Federal Reserve Chairman,Jerome Powell’s term expires at the end of January 2022. Market watchers have been reading the tea leaves for signs of which direction the Biden Administration will take. The White House has four upcoming openings on the Fed. This gives President Biden the chance to make his mark on the […]