BOC’S MACKLEM Q&A: AS BANK ASSESSES ASSET PURCHASES, ‘COULD BE MORE, COULD BE LESS’

NEW YORK (MaceNews) – Bank of Canada Governor Tiff Macklem Thursday said the bank’s “recalibration” of its asset purchases means it will consider adjusting the scale of its buying, and the maturities of its debt purchases. Macklem, speaking at a press conference, was asked to explain the bank’s recent statements that it will “recalibrate” its large-scale asset […]

ECB ‘MONITORING’ EURO STRENGTH; UPGRADES 2020 GDP FORECAST

— Rate on Hold After Latest Governing Council Meeting By Laurie Laird LONDON (MaceNews) – The European Central Bank discussed the recent appreciation of the single currency at its latest governing council meeting, but declined to specify the risks of sustained euro strength to the nascent economic recovery. The governing council made a rare passing […]

DATA FLASH: US AUGUST PPI UP 0.3%; FOOD AND ENERGY DOWN

–Prices Ex. Food and Energy Rose 0.4%; Up 0.3% Excluding Trade Services as Well–Energy Prices Fall 0.1% After Two Gains; Gasoline Prices Down 1.4%–Food Prices Down 0.4%, Continuing Downward Trend–Initial Jobless Claims Unchanged at 884,000 in the August 5 Week By Kevin Kastner WASHINGTON (MaceNews) – U.S. business prices rose by 0.3% in August, as […]

TEXT: ECB POLICY STATEMENT

FRANKFURT (MaceNews) – The following is the text of Thursday’s European Central Bank policy statement: At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged […]

STATUS CHECK: “I SAID, ‘DON’T PANIC'”

WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: You’ve heard the recordings, read the excerpts. What’s more to say? So skipping ahead, of course once The Washington Post’s Web site unveiled the excerpts of Bob Woodward’s latest book “Rage,” complete with […]

THURSDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, SEPTEMBER 10, 2020 EDT  10:00AM                      In-House Pool Call Time 3:45PM                        Out-of-Town Pool Call Time  3:30PM                      THE PRESIDENT meets with the Secretary of State Oval Office Closed Press  5:00PM                      THE PRESIDENT departs the White House en route to Joint Base Andrews South […]

TEXT: BANK OF CANADA LEAVES KEY RATE UNCHANGED

NEW YORK (MaceNews) – The following is the text of Wednesday’s Bank of Canada rate policy decision: The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative […]

STATUS CHECK: PANDEMIC LIFE RESUMES AFTER HOLIDAY

WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: ·        Tuesday and life resumes such as it is, with the Labor Day holiday weekend a memory, a brief respite from what has become a cautious existence behind masks, closed doors, filling the […]

WEDNESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, SEPTEMBER 9, 2020 EDT  10:00AM                     In-House Pool Call Time  12:00PM                     THE PRESIDENT receives his intelligence briefing Oval Office Closed Press Briefing Schedule  12:00PM                               Press Secretary Kayleigh McEnany holds […]

TUESDAY WHITE HOUSE SCHEDULE

WASHINGTON (Macenews) – The following is Tuesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, SEPTEMBER 8, 2020 EDT  9:00AM                             In-House Pool Call Time9:00AM                             Out-of-Town Pool Call Time  11:20AM                             THE PRESIDENT departs the White House en route to Joint Base Andrews West Executive Avenue Out-of-Town Travel Pool  11:45AM                             THE PRESIDENT arrives at Joint Base Andrews Joint Base Andrews Out-of-Town Travel […]