STATUS CHECK: MORE ROUTINE JOBLESSNESS, POLITICAL SLURS

WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes: The news of the day was pretty routine. Another former White House insider, Olivia Troye, accused President Trump of being a hypocrite and in turn was described by the White House as just […]

FRIDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, SEPTEMBER 18, 2020 EDT  10:00AM                            In-House Pool Call Time2:35PM                               Out-of-Town Pool Call Time  12:00PM                             THE PRESIDENT receives his intelligence briefing Oval Office Closed Press  3:45PM                             THE PRESIDENT departs the White House en route to Joint Base Andrews South Lawn In-House Pool  3:55PM                             THE PRESIDENT arrives at Joint […]

US ENERGY SECRETARY: MUST ADDRESS ENERGY INDUSTRY’S ‘INFRASTRUCTURE PROBLEM’

By Brai Odion-Esene, SW4 Insights for Mace News WASHINGTON (MaceNews) – Cost-effective and efficient energy delivery is essential to growing the United States’ clout in the global energy markets, as well as reducing costs for domestic consumers, the Trump administration’s top energy official said Thursday. “It’s been a difficult time for the (energy) industry,” Energy […]

DATA FLASH: AUGUST HOUSING STARTS SLOW DUE TO DROP IN MULTIFAMILY

–Housing Starts Fall By 5.1% to 1.416 Mln SAAR, But Single-Family Up 4.1%–Initial Jobless Claims Fall 33,000 to 860,000 in September 12 Week–Philadelphia Fed Index Slips to 15.0 in September Vs 17.2 August By Kevin Kastner WASHINGTON (MaceNews) – The U.S. August home building data, released Thursday, were weaker than expected. However, the data represent […]

BOE LEAVES POLICY UNCHANGED; SETS THE STAGE FOR NOVEMBER EASING

By Laurie Laird LONDON (MaceNews) – The Bank of England made no changes to its benchmark rate or quantitative easing package at Wednesday’s rate setting meeting but left the door wide open for policy changes at its next gathering in November. Interest rates remain at a record low of 0.1%, while the total stock of the […]

THURSDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, SEPTEMBER 17, 2020 EDT  9:00AM                     In-House Pool Call Time 5:15PM                      Out-of-Town Pool Call Time  11:30AM                     THE PRESIDENT participates in a credentialing ceremony for newly appointed ambassadors to Washington, D.C. Oval Office Closed Press  2:20PM                     THE PRESIDENT departs the White House en route to […]

STATUS CHECK: VACCINES, BIG 10, 2% INFL – ALL ON THE WAY

WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Wednesday and it seems the world is singing the old Bob Gibson song, “That’s the Way It’s Gonna Be,” also recorded by Bob Denver, The Chad Mitchell Trio, Jose Feliciano and many more. […]

FOMC DOUBLES DOWN ON INFLATION OVERSHOOTING

–To Aim ‘Moderately above 2% For Some Time’ –Will Have a Big Area of the Economy ‘That Struggles’ By Denny Gulino WASHINGTON (MaceNews) – The new era of Federal Reserve policy allowing an overshoot of its 2% inflation target for an extended time launched Wednesday with two Federal Open Market Committee dissents after a “robust […]

TEXT: FOMC STATEMENT – TO KEEP ACCOMMODATION TILL HIT INFL TARGET

WASHINGTON (MaceNews): The following is the text of the Federal Open Market Committee’s policy statement released Wednesday: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and […]

DATA FLASH: RETAIL SALES GROWTH SLOWS FURTHER, UP 0.6% IN AUGUST

–Retail Sales Ex Motor Vehicles Up 0.7%; Vehicle Sales Rebound By 0.2%–Business Inventories Rise 0.1% in July, Business Sales Up 3.2% By Kevin Kastner WASHINGTON (MaceNews) – Retail sales rose for the fourth straight month in August, but the pace of growth continues to slow as the initial post-shutdown burst is running out of strength. […]