WHITE HOUSE WATCH: OF FRESH LAWN AND VEILED THREATS By Denny Gulino THE WHITE HOUSE (MaceNews) – It’s quiet here in the White House press room this Friday evening after an eventful week. So end of story. After all, you watched the impeachment inquiry sessions, perhaps checked out the dozen or so Twitter feeds you […]
WHITE HOUSE WATCH: NEWS FEW CARE ABOUT – NO GOVT SHUTDOWN AT MIDNIGHT
By Denny Gulino THE WHITE HOUSE (MaceNews) – Here’s something you didn’t hear from Fiona Hill. The Export-Import Bank is good for another month. Wiretaps of the phones of terrorist suspects won’t be disconnected. One more thing, the military gets a 3.1% pay raise. This nostalgia trip, news that used to news, is brought to […]
BANK OF CANADA’S POLOZ: CANADA’S ECONOMY ON TARGET BUT FACES RISKS
By Adam Bernards TORONTO (MaceNews) – Recent data out of Canada points to a country in sound economic shape, but risks both global and domestic are always just around the corner, according to Bank of Canada Governor Stephen Poloz. “Inflation is on target, and unemployment rates are good right now,” Poloz said Thursday during a […]
PRES TRUMP ANGRY: TOLD SONDLAND ‘I WANT NOTHING. NO QUID PRO QUO’
By Denny Gulino THE WHITE HOUSE (MaceNews) – President Trump late Wednesday morning was shouting even louder than what’s necessary to be heard above the whine of the idling Marine One helicopter nearby, reading from notes of Ambassador Sondland’s testimony, the part where he told his diplomat, “I want nothing. I want nothing, no quid […]
WHITE HOUSE WATCH: DISTINGUISHING AMONG TRUTH, NON-TRUTH AND AMBIGUITY
By Denny Gulino THE WHITE HOUSE (MaceNews) – A Cabinet meeting is not only a “must-show” for the 17 administration officials at that high level, it also draws another 19 top administration officials. That President Trump was there too Tuesday was more than the usual highlight for the simple reason his performance for the pool […]
FED’S WILLIAMS: ‘DEFINITELY WATCHING MORE’ FOR DOWNSIDE RISKS
WASHINGTON (MaceNews) – New York Federal Reserve President John Williams said Tuesday that monetary policy is now “appropriate” for the economy but that he is more focused on downside risks to the outlook. Williams, speaking to reporters after a speech here, said the current policy stance is “appropriate” in light of moderate trend growth, a […]
FED’S BULLARD SUGGESTS MONETARY POLICY ON HOLD FOR FORESEEABLE FUTURE
By Steven K. Beckner LOUISVILLE (MaceNews) – St. Louis Federal Reserve President James Bullard, one of those who has pressed most eagerly for lower interest rates this year, strongly suggested Thursday that he is comfortable with where U.S. monetary policy is now and for the foreseeable future. Even if economic data were to come in […]
BOAML SURVEY: THE ‘BULLS ARE BACK” AS GLOBAL GROWTH OPTIMISM SURGES IN NOVEMBER
By Vicki Schmelzer NEW YORK (MaceNews) – Global investor sentiment improved markedly in November, as world recession fears abated and “global growth optimism” surged, according to the findings of the latest Bank of America Merrill Lynch monthly fund managers’ survey, released Tuesday. “The bulls are back,” the survey said, adding that the “fear of missing […]
FED’S ROSENGREN: BANK CAPITAL BUFFERS SHOULD RISE NOW SO THEY CAN DECLINE IN DOWNTURN
NEW YORK (MaceNews) – Given low interest rates, policy-makers should consider raising bank capital requirements and other regulatory steps means to shield the financial system in the event of another downturn, Boston Fed President Eric Rosengren said Monday. Rosengren, in remarks prepared for delivery at a conference on bank supervision at the Norges Bank in […]
FED’S EVANS: AFTER THREE RAT CUTS, POLICY IS ACCOMMODATIVE ENOUGH
NEW YORK (MaceNews) – The economy is “in a good place” and the Federal Reserve’s monetary policy is now accommodative enough, Chicago Fed President Charles Evans said Wednesday. Uncertainties facing the economy prompted policy-makers to make policy adjustments to “lean toward an accommodative stance,” Evans said during a moderated discussion at the Council on Foreign […]