TOP ECB OFFICIAL DOWNPLAYS SYMMETRICAL INFLATION TARGET, RATE CUTS
—Governing Council’s Mersch Expresses Lukewarm Support for Lagarde By Laurie Laird LONDON (MaceNews) — A top European Central banker Monday expressed opposition to a symmetrical inflation target and raised questions over the efficacy of further rate cuts, while withholding full support for the central bank’s leader. “Symmetry does not mean that we would engage in […]
MONDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Monday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, NOVEMBER 16, 2020 In-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: CNNPrint: The HillRadio: BBC EST 10:00AM In-House Pool Call Time 12:30PM THE PRESIDENT has lunch with the Vice President Private […]
JAPAN Q3 GDP RECOVERS HALF OF PANDEMIC-CAUSED RECORD PLUNGE IN Q2
By Max Sato (MaceNews) – Japan’s economy for the July-September quarter surged 5.0% on quarter, or an annualized 21.4%, led by a rebound in net exports and consumer spending, but it only recovered just over a half of a record plunge in April-June amid the pandemic-triggered slowdown, Cabinet Office data released Monday showed. The first […]
STATUS CHECK COMMENTARY- DIVERSITY OF OPINION OR MUTUAL HATRED?
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Quote of the week: “You know what’s really uncomfortable and annoying? When you die.” That’s New Jersey Gov. Phil Murphy, of course. The quote has been played through the day cablewise so it’s […]
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, NOVEMBER 14, 2020, THROUGH SUNDAY, NOVEMBER 15, 2020 Saturday, November 14, 2020 EST 8:30AM In-House Pool Call Time THE PRESIDENT has no […]
DATA PREVIEW: RETAIL SALES PAYBACK DUE AFTER BRISK SEPTEMBER
By Kevin Kastner WASHINGTON (MaceNews) – A surprise jump in September retail sales, led by a surge in motor vehicle sales, was a blip in what appears to be a continued slowing trend in sales growth. October retail sales should rise only modestly when released next Tuesday following an outsized 1.9% jump in September. While […]
NY FED’S WILLIAMS DOWNPLAYS MARKET TALK OF INFLATION RESURGENCE
By Laurie Laird LONDON (MaceNews) – A key U.S. rate setter Friday poured cold water on recent market chatter of an uptick in inflation, predicting a slowdown of the economic recovery which is likely to keep a lid on price pressures. Growth “in the fourth quarter and maybe into next year will slow somewhat,” said John […]
STATUS CHECK COMMENTARY- ELVIS IS LEAVING THE BUILDING – NOW WHAT?
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. A day like other days since the election, a president retweeting millions of Trump votes were “deleted” and Twitter tagging that and others as “disputed.” The retweet was from a posting by the […]
FRIDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, NOVEMBER 13, 2020 EST 10:00AM In-House Pool Call Time 12:00PM THE PRESIDENT receives an update on Operation Warp Speed Oval Office Closed Press ### — Content may appear first or exclusively on the Mace News premium service. For real-time email […]
ECB, BOE SEE NO SILVER BULLET IN COVID VACCINE
–Both CenBanks Expected to Adjust Policy in December –Fed’s Powell Sees More Tech-Oriented, Less Job-Oriented Recovery By Laurie Laird LONDON (MaceNews) – Europe’s top central bankers welcomed the positive news on a Covid vaccine unveiled earlier this week, but warned that the region faces more economic pain before an inoculation becomes widely available. European Central […]