Category: Update

FED’S POWELL: TO TAKE A LONG TIME TO RAISE INFL RATE

–Virus Resurgence to Hit First-Quarter Economy By Denny Gulino WASHINGTON (MaceNews) – Federal Reserve Chair Jay Powell Wednesday said reaching the inflation target is going to take “some time” in an environment of disinflation around the world, when price pressure in any sector is no longer persistent. In the near term, however, he warned the […]

FOMC: RATES NEAR ZERO THRU 2023

WASHINGTON (MaceNews) – The Federal Open Market Committee, as expected, stood still in its latest policy statement Wednesday, accompanied by quarterly projections that saw the federal funds rate at 0.1% through 2023. The following is the text of the FOMC statement: The Federal Reserve is committed to using its full range of tools to support […]

WEDNESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, DECEMBER 16, 2020 EST  10:00AM                         In-House Pool Call Time  11:30AM                         THE PRESIDENT holds a Cabinet Meeting Cabinet Room Closed Press    ### — Content may appear first or exclusively on the Mace News premium service. For real-time email delivery contact […]

JAPAN NOV EXPORTS UNEXPECTEDLY SLUMP, WEAK ENERGY PRICES KEEP TRADE IN SURPLUS

By Max Sato (MaceNews) – Japanese exports took one step back from the recent pickup trend and posted an unexpected fall in November, remaining below year-earlier levels for two years as the global economy faces pandemic-caused uncertainty, data released Wednesday by the Ministry of Finance showed. The outlook for domestic growth and a return to […]

STATUS CHECK COMMENTARY: A SPECIAL DAY, A SPECIAL VACCINE

WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. A special day, certainly. The first vaccinations, the Electoral College certification of the Biden win, Geraldo Rivera on Fox News saying, “It’s over.” And a few Senate Republicans, certainly not all, finally late […]

TUESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Tuesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, DECEMBER 15, 2020   In-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: CBSPrint: Dallas Morning NewsRadio: NPR EST  10:00AM                     In-House Pool Call Time   THE PRESIDENT has no public events scheduled.    ### — […]

MONDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Monday”s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, DECEMBER 14, 2020  EST  10:00AM                         In-House Pool Call Time  12:30PM                         THE PRESIDENT has lunch with the Vice President Private Dining Room Closed Press  2:30PM                         THE PRESIDENT signs an executive order on increasing economic and geographic mobility Oval Office Closed Press — Content […]

JAPAN: BOJ DEC TANKAN BUSINESS CONFIDENCE JUMPS BUT BIG FIRMS REVISE DOWN CAPEX PLANS

By Max Sato (MaceNews) – Japanese firms nearly across the board reported their sentiment improved substantially in December from three months earlier, thanks to Chinese and U.S. economic recovery as well as a gradual pickup in domestic demand, according to the Bank of Japan’s quarterly Tankan business survey released Monday. But the survey also showed […]