US JOBS REPORT A LITTLE SHORT OF BREATH BUT STILL JOGGING
–Workweek Rebounds; No Additional Wage Acceleration; Labor Participation Back to February By Denny Gulino WASHINGTON (MaceNews) – The August jobs report Friday had some bright spots amid a somewhat subdued landscape, with the three-month average payrolls growth slowed to 156,000 even with a new and sizable injection of Census workers. The brightest spot was the […]
WHITE HOUSE SCHEDULE FOR FRIDAY
WASHINGTON (MaceNews) – The following is Friday’s public schedule for the White House: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, SEPTEMBER 6, 2019 EDT 9:00AM In-House Pool Call Time THE PRESIDENT has no public events scheduled. ### The White House · 1600 Pennsylvania Ave NW · Washington, DC 20500-0003 · […]
US TSY’S HSING FINANCE REFORM PLAN SEES RECAPITALIZATION
–Limited Federal Guarantee Would Remain, Backing Shareholder Capital WASHINGTON (MaceNews) – The following is an excerpt of the U.S. Treasury Department Housing Finance Reform Plan unveiled late Thursday, describing those portions of the proposals that can be implemented by the White House without congressional approval: Administrative Actions To ensure stability in the housing finance system […]
THURSDAY’S WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Thursday’s public schedule for the White House: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, SEPTEMBER 5, 2019 EDT 9:00AM In-House Pool Call Time 11:45AM THE PRESIDENT receives his intelligence briefing Oval Office Closed Press 1:45PM THE PRESIDENT meets with the Chairman and CEO of General Motors Oval Office Closed Press […]
MANUFACTURING WEAKNESS HOLDS DOWN CHICAGO FED DISTRICT BUSINESS CONDITIONS
NEW YORK (MaceNews) – Manufacturing business conditions eroded in the Chicago region in July/August while non-manufacturing improved, according to the latest survey of Seventh Federal Reserve district business activity conducted by the Chicago Fed. The Chicago Fed’s Survey of Business Conditions Activity Index rose to −22 in the July/August survey period from −30 in the […]
FED OFFICIALS WEIGH MORE EASING SOON AMID UNCERTAINTIES
By Steven K. Beckner ST. LOUIS (MaceNews) – As Federal Reserve policy-makers prepare to consider further interest rate reductions in two weeks, supporters of the late July rate cut have become more unequivocal about the need for additional easing, and there are signs that erstwhile opponents are becoming more open to it. With corporate purchasing managers showing […]
FED’S BEIGE BK SHOWS MIXED RESULTS BUT NO DANGER SIGNS
WASHINGTON (MaceNews) – “Concerns,” “mixed” and “modest” were the key words in the latest Beige Book survey of national economic trends Wednesday, and while the overall picture was muddled it wasn’t overly negative. “Although concerns regarding tariffs and trade policy uncertainty continued, the majority of businesses remained optimistic about the near-term outlook,” the survey summary […]
BANK OF CANADA WARNS TRADE WORRIES HITTING ECONOMY
By Gordon Isfeld OTTAWA (MaceNews) – Global economic tension amid ongoing trade disputes, in particular the growing conflict between the United States and China, has led to weaker business investment overall, the Bank of Canada warned Wednesday. “Canada’s economy is operating close to potential and inflation is on target,” the country`s central bank said in its […]
FED’S WILLIAMS: ‘MORE WORK TO DO’ BEFORE FED DECIDES NEXT POLICY STEP
By Tony Mace NEW YORK (MaceNews) – Federal Reserve policy-makers are not yet ready to decide their next policy move, and their thinking hinges on domestic data and global economic conditions, New York Fed President John Williams said Wednesday. “We still have a lot of work to do – there’s more data, including the employment […]
BOSTON FED CHIEF: ‘NOT OVERLY WORRIED’ ABOUT US ECONOMY
By Scott Van Voorhis EASTON, Mass. (MaceNews) – Shrugging off stock market turbulence and a deepening trade war, Boston Federal Reserve Bank President Eric Rosengren is taking a bullish view of the health of the national economy. While Fed officials are keeping a close eye on potential recession indicators, Rosengren said he is fairly comfortable […]