WHITE HOUSE SCHEDULE RENDERED INOPERATIVE BY CLOSE AIDE’S POSITIVE VIRUS TEST
WASHINGTON (MaceNews) – The following is Friday’s public White House schedule as posted before President Trump confirmed he and the First Lady are beginning to self-quarantine after close aide Hope Hicks reportedly tested positive for the coronavirus, a routine presumably being applied to other close aides, many of whom have been in close proximity to […]
DATA FLASH: US MANUFACTURING CONDITIONS EXPAND FURTHER
–ISM Mfg Index Falls Slightly to 55.4 in September, Below Expectations–Aug Construction Spending Stronger Than Expected;, Residential Surge–Personal Income Falls on Waning Benefits; PCE Gains Slowing–Initial Claims Decline Further; Continuing Claims Lowest Virus Count By Kevin Kastner WASHINGTON (MaceNews) – The September ISM index Thursday showed U.S. manufacturing sector activity expanded further, but at a […]
STATUS CHECK – AT LAST, ANOTHER ROUND OF PANDEMIC RELIEF – ALMOST
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Suddenly the clouds are parting and a compromise on another round of pandemic relief money is now the expected outcome of further talks between Treasury Secretary Stephen Mnuchin Thursday. The Capitol newspaper Roll […]
THURSDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, OCTOBER 1, 2020 EDT 10:00AM In-House Pool Call Time 11:25AM Out-of-Town Pool Call Time 12:45PM THE PRESIDENT departs the White House en route to Joint Base Andrews South Lawn In-House Pool 12:55PM THE PRESIDENT arrives at Joint Base Andrews Joint Base Andrews Out-of-Town Travel Pool 1:05PM THE […]
DATA FLASH: US SECOND QUARTER GDP REVISED UP TO -31.4%
––Second Quarter PCE Revised Up to -33.2% From -34.1% Previously By Kevin Kastner WASHINGTON (MaceNews) – Second quarter U.S. GDP Wednesday was revised up slightly due to upward adjustments to consumption and residential fixed investment. Analysts will look past this data and toward the third quarter’s likely partial recovery. Second quarter GDP was revised up […]
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] […]
ECB PRESIDENT DISCUSSES MERITS OF SYMMETRICAL INFLATION TARGETING
By Laurie Laird LONDON (MaceNews) – Europe’s top central banker Wednesday suggested that symmetrical inflation targeting could have merit in dispelling the low inflation environment suffered in advanced economies since the financial crisis. Addressing the ECB and its Watchers XXI conference in Frankfurt, ECB President Christine Lagarde noted that many central banks have explored a […]
STATUS CHECK – DEMOSTHENES DIDN’T SHOW UP
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The consensus of reaction seemed to be nobody won, and America lost. If you missed the 51 debate tweets on @macenewsmacro, here’s an excerpted selection that imparts the flavor of Tuesday night’s memorable […]
WEDNESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, SEPTEMBER 30, 2020 In-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: ABCPrint: Washington ExaminerRadio: AP Out-of-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: ABCPrint: Huffington PostRadio: VOA EDT […]
FED’S WILLIAMS: IF NO MORE FEDERAL FISCAL AID, WOULD MEAN ‘SOMEWHAT WEAKER OUTLOOK’
NEW YORK (MaceNews) – The U.S. economic recovery is likely to continue even if new federal fiscal support is not forthcoming, New York Fed President John Williams said Tuesday. “If we do see more fiscal support for the economy, that will give a boost,” he told reporters. “If we don’t, that’s going to be a […]