Wednesday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the State Departent, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, MAY 12, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This […]

ECB’S LAGARDE: ASSET BUYING AS LIKELY TO EXCEED CURRENT ALLOCATION AS TO FALL SHORT

— ECB President Denies New Language Toward PEPP Programme Reflects More Hawkish Attitude By Laurie Laird LONDON (MaceNews) – ECB warnings that it may not expend all of its emergency bond buying do not represent a more hawkish outlook toward the eurozone recovery, according to Europe’s top central banker.  The rate-setting Governing Council raised eyebrows […]

STATUS CHECK ANALYSIS – WHY? WHY NO PANDEMIC RELIEF?

WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Another day, another tweet, another reversal that surprises everyone, especially the stock markets. No new pandemic relief until at least sometime after Election Day. So now money left over from the CARES Act […]

STATUS CHECK – A DAY OF SYMBOLISM MARRIED TO COVID REALITY

WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. ·        A leader sacrificing himself for others, or sacrificing others for himself? That was the question dividing Americans on a Monday night 30 days before a presidential election. “I stood out front. I […]

BANK OF ENGLAND CHIEF ECONOMIST SEES NO CURRENT NEED FOR NEGATIVE RATES

–Haldane Heralds Rapid UK Rebound, Despite Soft Consumer Confidence By Laurie Laird LONDON (MaceNews) – A top Bank of England official Wednesday vigorously downplayed the need for sub-zero interest rates in the UK, citing an economic recovery that has far outpaced the Bank’s expectations. “At present, none of the conditions [that would necessitate negative rates] […]

STATUS CHECK: WHOSE COGNITIVE ILLUSION IS BETTER?

WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. So much for a Wednesday. Noise perhaps. Confusion. Ominous sometimes, repetitious often and sadly, no longer surprising. Hardly news but too important to be ignored. Beginning with President Trump, in his evening news […]

FOMC PREPARES FOR FIRST MEETING IN NEW MONETARY FRAMEWORK ERA

By Steven K. Beckner (MaceNews) – There was very little chance the Federal Reserve was going to raise interest rates anytime soon but, just to make sure, the Fed’s rate-setting Federal Open Market Committee gave itself a dual justification for holding rates down indefinitely with the new monetary policy framework it announced on Aug. 27 […]

STATUS CHECK: FOOD LINES AND GOVT INERTIA; VIRUS, STREET UNREST, JOBLESSNESS

WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Life in these United States, another chapter. President Trump holds a news conference and defends his MAGA truck rally firing paint balls at Black Lives Matter protestors –  “Paint is not bullets.” – […]

SATURDAY/SUNDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is the public White House schedule for Saturday and Sunday: WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, AUGUST 29, 2020, THROUGH SUNDAY, AUGUST 30, 2020 Saturday, August 29, 2020 EDT 8:00AM           In-House Pool Call Time 8:00AM           Out-of-Town Pool Call Time  10:00AM           THE PRESIDENT departs the White House en route to Joint Base Andrews  West […]

STATUS CHECK: BAD VIBES ACCUMULATE RE CHINA

WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes: A new week filled with echoes of last week. Weekend rioting, Chicago after midnight looted stores. A police shooting in the afternoon and mistaken rumors about that shooting was the spark. There was […]