OPEC SEES PARTIAL OIL DEMAND RECOVERY IN 2021, EXPECTS MEMBERS TO GROW MKT SHARE

–US Shale Sector To Recover Quickly As Market Conditions Improve –Sees Longer-Term Decline In OECD Oil Demand, Increased Consumption In Non-OECD Region By Brai Odion-Esene, SW4 Insights for Mace News WASHINGTON (MaceNews) – Influential oil group OPEC Thursday predicted a partial rebound in oil demand next year, although the coronavirus outbreak remains a major X-factor, […]

STATUS CHECK – NOT QUITE A STEEL CAGE MATCH

WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The Pence-Harris vice presidential debate seemed to be as much devoted to dodging questions as answering them. Vice President Mike Pence seemed to think ignoring the moderator was the better approach while Sen. […]

THURSDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, OCTOBER 8, 2020 EDT  10:00AM                     In-House Pool Call Time                                       THE PRESIDENT has no public events scheduled.  ### — Content may appear […]

FED’S EVANS Q&A: ONUS STAYS ON FISCAL POLICY TO SUPPORT RECOVERY

NEW YORK (MaceNews) – Chicago Fed President Charles Evans suggested Wednesday he is in no rush to reassess the Federal Reserve’s monetary policy and the burden remains on fiscal policy to support the recovery. Asked by reporters whether likely delay in federal fiscal support would prompt the Fed to consider new measures to bolster the […]

FED’S EVANS: FED SHOULD RESIST INCLINATION TO ‘BACK OFF THE OVERSHOOT’ TOO SOON

NEW YORK (MaceNews) – Monetary policymakers must be wary of tightening policy too much and too soon if they are to execute the Federal Reserve’s new average inflation targeting strategy, Chicago Fed President Charles Evans said Wednesday. Evans, in remarks for delivery to the Metals Service Center Institute, repeated that the Fed is now obliged […]

FOMC MINUTES: WORRIED ABOUT MORE VIRUS WITH NO STIMULUS

By Denny Gulino WASHINGTON (MaceNews) – The minutes of the mid September Federal Open Market Committee meeting Wednesday showed Fed Board members and regional bank presidents worried about more intense virus outbreaks and the chance of no near-term government stimulus – weeks before both concern seemed to be  realized. The minutes added almost nothing in […]

WEDNESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, OCTOBER 7, 2020   EDT  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 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 […]

FED’S POWELL: TRYING TO PREVENT ECON DAMAGE GETTING WORSE

–Recovery ‘Incomplete;’ Permanent Unemployment Notably Worse By Denny Gulino WASHINGTON (MaceNews) – Federal Reserve Chair Jay Powell Tuesday said he is more concerned about preventing worse damage from the pandemic crisis than celebrating any rebound, in fact, saying the economy is slowing and unemployment is worse than indicated. Powell’s main message was that there is […]

TUESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Tuesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, OCTOBER 6, 2020  EDT  10:00AM                   In-House Pool Call Time                                       THE PRESIDENT has no public events scheduled.   ### — Content may […]