WEDNESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, NOVEMBER 25, 2020 EST 10:00AM In-House Pool Call Time THE PRESIDENT has no public events scheduled. ### — Content may appear first or exclusively on the Mace News premium service. For real-time email delivery contact tony@macenews.com. Twitter headlines @macenewsmacro.
STATUS CHECK COMMENTARY- STILL WAITING FOR YELLEN
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · President-Elect Joe Biden’s slate of foreign policy, national security and domestic security picks who made their formal debut Tuesday did not yet include Janet Yellen, who perhaps will get a solo event […]
ECB CHIEF ECONOMIST: RAISING EMPLOYMENT CONSISTENT WITH ECB’S PRICE STABILITY MANDATE
By Laurie Laird LONDON (MaceNews) – The European Central Bank can pursue higher euro zone employment within the parameters of the Bank’s single mandate of achieving price stability, according to the ECB’s chief economist. “The same factors needed to increase inflation will drive employment,” said ECB Chief Economist Philip Lane, in response to a question […]
FED’S BULLARD: MON POLICY ‘GREAT’ BUT CAN ‘REDOUBLE’ QE EFFORTS IF NEEDED
–Fed Established Expectations No Rate Hikes ‘For A Long Time” –Fed, Tsy Have Flexibility To Deal Wtih Renewed Financial Stress if Needed –Economy Holding Up; Expect Above Trend Growth Q4, 1st half –Pandemic Doesn’t Necessarily Impede Output, Employment By Steven K. Beckner (MaceNews) – St. Louis Federal Reserve Bank President James Bullard Tuesday spoke hopefully […]
ECB’S SCHNABEL SUGGESTS EXTENDING TIME FRAME TO RETURN INFLATION TO TARGET
— Rate setter says the Bank has lost the “trust” of the public By Laurie Laird LONDON (MaceNews) — A key European Central Bank official Tuesday suggested adjustments to bank’s mandate, particularly the timing of returning inflation to target, while hinting that historically-loose monetary policy could become ever-less effective in stimulating economic growth. “It could […]
GERMAN BUSINESS CONFIDENCE FALLS IN NOVEMBER ON VIRUS CONCERNS
By Marco Babic ZURICH (MaceNews) – Sentiment at German companies deteriorated in November, as a second wave of COVID-19 cases are dampening expectations, the Munich-based Ifo Institute said Tuesday. The Business Climate Index fell for a second month to 90.7 in November from a revised 92.5 (92.7) the previous month. The decline was not as […]
TUESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Tuesday’s White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, NOVEMBER 24, 2020 In-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: ABCPrint: New York TimesRadio: NPR EST 10:00AM In-House Pool Call Time 2:00PM THE PRESIDENT and THE FIRST LADY present the National Thanksgiving […]
STATUS CHECK COMMENTARY- A TRUMP GOODBYE SPEECH IN THE WORKS?
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · A Monday night to remember, when Joe Biden won the presidency, sort of. It was a time for Biden supporters to celebrate all over again. They didn’t but they could have. The […]
BOE SEES DIMINISHING MARGINAL RETURNS FROM ASSET PURCHASES
— External Rate Setters Lament Low Inflation, Raising Questions Over MPC Rift and Future Policy By Laurie LairdLONDON (MaceNews) – Top Bank of England rate setters agreed that quantitative easing will exert a diminishing influence on the UK economic recovery, raising questions about the tools available to the central bank as two external officials lamented […]
IHS MARKIT: EUROZONE SLUMPS IN NOVEMBER, POINTING TO CONTRACTION IN Q4
By Laurie Laird LONDON (MaceNews) – Output in Europe’s single currency bloc plummeted in November, according to flash estimates released by IHS Markit, leaving the Eurozone facing another economic contraction in the fourth quarter. The flash Purchasing Managers’ Index slumped to 45.1 in November, the lowest level since May, from 50.0 in October. Services took […]