FED’S POWELL: WILL SHRINK BALANCE SHEET GRADUALLY, TRANSPARENTLY AND NOT ANY TIME SOON
By Steven K. Beckner — Economy far From Strong Labor Market; Downside Risks Predominate— Doesn’t Foresee Sustained Pick-up In Inflation (MaceNews) – Federal Reserve Chairman Jerome Powell strongly suggested Wednesday that the Fed will reduce the pace of its bond buying only very gradually, with ample warning and not anytime soon. Powell, in a webcast […]
ITALY’S 5STARS NOW LIKELY TO HOLD ONLINE VOTE THURS. ON BACKING DRAGHI GOVT — SOURCES
By Silvia Marchetti ROME (MaceNews) – Italy’s 5 Stars Movement is now likely to hold an online vote starting Thursday morning on whether to back Mario Draghi’s government, despite the decision on Tuesday to delay it to when more program details would be known, according to sources. The timeframe to vote would likely be quite […]
WEDNESDAY WHITE HOUSE SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are the Wednesday public schedules for the White House, Treasury, the Capitol and upcoming economic statistics: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, FEBRUARY 10, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
ITALY’S 5 STARS LIKELY TO POSTPONE ONLINE PARTY VOTING ON DRAGHI’S GOVERNMENT, INCREASING HIS CHANCES OF SUCCESS IN RALLYING LARGE MAJORITY- SOURCES
By Silvia Marchetti ROME (MaceNews) – Italy’s 5 Stars Movement will likely postpone a key online vote on whether to back Mario Draghi’s new government until there are more details of a shared ruling program among political parties, according to sources. The online voting, initially scheduled for Wednesday and Thursday, could be delayed until after […]
JAPAN ECONOMIC SENTIMENT MIXED AS SUPPORT FOR SUGA GOVT SLIPS
By Max Sato (MaceNews) – Consumer and business confidence in Japan is mixed due to pandemic lifestyles, while voter support for Prime Minister Yoshihide Suga continues to slide on public disappointment with what critics call a behind-the-curve policy response and complacency among ruling-camp politicians. Demand for takeout food, groceries and household appliances and furniture remains […]
TUESDAY’S WASHINGTON SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, FEBRUARY 9, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
STATUS CHECK COMMENTARY: THE BIG QUESTION MARK – THE TRIAL BEGINS
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes: • Context is everything. Without context, where something fits, its importance can’t be measured and felt, before, during, after. The trial now begins of Donald J. Trump and the “after” will be inscribed […]
MONDAY WASHINGTON SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are Monday’s public schedules for the White House, Treasury, Capitol Hill and upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, FEBRUARY 8, 2021 In the morning, the President will depart Wilmington, Delaware en route the White House. The departure from New Castle Air National Guard Base […]
ITALY: DRAGHI APPEARS HEADED TOWARD WIDE MAJORITY BUT FACES CHALLENGE TO SET JOINT AGENDA, ASSEMBLE ‘MIXED’ GOVERNMENT
By Silvia Marchetti ROME (MaceNews) – Former European Central Bank chief Mario Draghi will likely have a broad majority to form a new government following support from his usual opponents but he faces a big challenge to define a shared program and set up a technocrat-political cabinet, according to political sources. Draghi received statements of […]
SATURDAY/SUNDAY WASHINGTON SCHEDULES
WASHINGTON (MaceNews) – The following are the Saturday/Sunday schedules for the White House, the Treasury, the Capitol and upcoming economic data: SATURDAY/SUNDAY WASHINGTON SCHEDULES FROM MaceNews The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, FEBRUARY 6, 2021 AND SUNDAY, FEBRUARY 7, 2021 On Saturday and Sunday, the President has no public events scheduled. Saturday’s […]