FED’S POWELL ACKNOWLEDGES SLOWDOWN, NEED FOR STIMULUS
By Denny Gulino WASHINGTON (MaceNews) – Federal Reserve Chair Jay Powell was as low key as possible in answering questions about the latest policy meeting as vote counts are deciding the next president but he did drop a hint that the asset purchase program may be in for some innovation. “The recent rise in new […]
ECB RATE SETTER SEES VALUE IN A SYMMETRICAL INFLATION TARGET
— Bundesbank’s Weidmann refuses to rule out further ECB rate cuts By Laurie Laird LONDON (MaceNews) – A key European Central Bank official Thursday expressed support for symmetrical inflation targeting, and suggested that the Bank could cut rates further into negative territory to lift stubbornly-low Eurozone inflation back to target. A “make-up” strategy that allows […]
DATA FLASH: US INITIAL CLAIMS SLIP; PRODUCTIVITY UP SHARPLY
–Initial Claims Decline By 7,000 to 751,000; 4-Week Average Slides–Nonfarm Productivity +4.9% as Output, Hours Worked Both Rebound By Kevin Kastner WASHINGTON (MaceNews) – Initial claims fell by 7,000 to a level of 751,000 in the October 24 week, slightly above expectations for a decline to 745,000. The four-week moving average for initial claims declined by […]
BANK OF ENGLAND EXPANDS QE PROGRAMME; LEAVES RATES UNCHANGED
— Forecasts Q4 GDP Contraction Raises Speculation Negative Rates in 2021 By Laurie Laird LONDON (MaceNews) – The Bank of England Thursday expanded its bond-buying programme but left its benchmark interest rate unchanged at its latest policy meeting, acknowledging the downside risks to forecasts as a second wave of coronavirus grips the country. The Bank […]
THURSDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, NOVEMBER 5, 2020 EST 10:00AM In-House Pool Call Time THE PRESIDENT has no public events scheduled. ### — Content may appear first or exclusively on the Mace News premium service. For real-time email delivery contact tony@macenews.com. Twitter […]
STATUS CHECK – FROM THE SEAT OF POWER, POWERLESSNESS AS VOTES TOTALED
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The networks plodded on Wednesday night, with nothing much new to report, as talking heads artfully kept the ball rolling, even if it was in circles, waiting. President Trump was watching, likely clicking […]
STATUS CHECK – ‘WE’RE GOING TO WIN’ THEY BOTH SAID
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The election is far from decided at this midnight hour but it’s clear the blue wave was a fantasy, that the race turned out to be very tight with most states that […]
TUESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Tuesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, NOVEMBER 3, 2020 EST 8:30AM In-House Pool Call Time 9:45AM THE PRESIDENT departs the White House en route to Arlington, VA South Portico In-Town Travel Pool 9:55AM THE PRESIDENT arrives at RNC Annex Arlington, VA In-Town Travel Pool 10:00AM THE PRESIDENT visits […]
STATUS CHECK COMMENTARY – OK, NO VOTER APATHY. WHAT’S NEXT?
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · So many voters. So many of them early voters, about a hundred million. A nation’s electorate energized, an outpouring of civic determination. A tidal wave of turnout already accomplished and projected. And […]
ITALY’S CONTE: GOVT TO IMPLEMENT NEW MULTI-TIER COVID RESTRICTIONS
By Silvia Marchetti ROME (MaceNews)- Italy’s government will implement new anti-COVID restrictions in a bid to tackle the second pandemic wave that is rocking the country, Prime Minister Giuseppe Conte told parliament on Monday. “The pandemic is worsening. The government is forced to intervene with new measures through a multi-tier system based on regional contagion […]