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There are stormy days ahead and for some of us, hotter ones too. The full forecast is on its way. Its saturday the 22nd june. Our top stories. Police were called to the home of conservative mp borisjohnson in the early hours of friday morning because of reports of a domestic disturbance. Mrjohnson and jeremy hunt are due to address Party Members in birmingham later today as part of their leadership bids. Our Political Correspondent Helena Wilkinson is in our london newsroom. Helena, what more do...

Overarching goal, to sustain expansion for the benefit of the american people. At the fomc meeting that included today, we maintained our policy Interest Rate but made significant changes to our statement. Since the beginning of the year, we have judged our policy stance was probably appropriate and we should be patient in assessing the need for changes. In light of increased uncertainties and muted inflation pressures, we emphasize the committee will monitor the implications of incoming informa...

The committee will come to order. Without objection, the chair is authorized to declare recess of the committee at any time. The full committee during convening to identify, resolve and present vulnerabilities on tsas Security Operations. I know recognize myself for five minutes to give an Opening Statement. Today nearly 20 years since the terrible attacks of september 11, 2001, we are holding this hearing to examine why urgent warnings from independent auditors about security vulnerabilities at...

Given uncertainties and muted inflation pressures, we will closely monitor incoming information for the Economic Outlook and will act as appropriate to sustain the expansion with a strong labor market and inflation near its 2 objective. I would like to take a step back and review how the changing economic and financial picture brings us to todays decision. So far this year, the economy has performed reasonably well with solid fundamentals supporting continued growth and strong employment. Inflat...

Biometric features like the iris or fingerprints are unique and cant be changed. Thats why they are used to provide secure protection for passports mobile phones and bank account. Book these features are easily accessible we leave fingerprints every time we touch something so our biometric feature is really secure after all theyre often used to protect some of our most Sensitive Data. To i. D. Companies and Government Agencies do a proper job of protecting biometric data from Cyber Attacks or ar...

Firms ceo. And congress probe into big tech kicks off the discussion on how facebook and google are challenging the news industry. We will hear from a top lawmaker who does not think big is necessarily bad. But first, to our top story. Apple has a backup plan if the u. S. China trade war continues to escalate. The companys manufacturing partner says it is able to make all iphones bound for the u. S. Outside of china if necessary. This group now makes most of apples smartphones at its chinese fac...

Challenging the news industry. We will hear from a top lawmaker who does not think big is necessarily bad. But first, to our top story. Apple has a backup plan if the u. S. China trade war continues to escalate. Hon hai, the companys manufacturing partner, says it is able to make all iphones bound for the u. S. Outside of china if necessary. Hon hai now makes most of apples smartphones at its chinese factory. Our bloomberg tech editor joined vonnie quinn with the details. Alistair this is an exe...

Cut. Seven of them are forecasting two quarterpoint cuts this year one is forecasting one cut eight are on hold. And one is forecasting a high cut. Eight forecasting a cut. Ser seven is two cuts. One is one cut, one on hold, one hike the result is actually unchanged. However, its down by 50 basis points for 2020 to 2. 1 , down by 1 for 2021 to one quarter point to 2. 4 . The long run also down by a quarter. The long run fund rate to 2. 5 from 2. 8 all of this took place, by the way, without much...

As appropriate to sustain the expansion of the fed sees longer run federal funds rate dropping from 2. 8 to 2. 5 . On inflation the fed closely monitoring inflation at it point. The forecast is for headline inflation to fall 1. 5 this year. The fed sees core inflation slipping to 1. 8 . Then in 2021 the fed sees a reversal, inflation rising back to 2 . On gdp the fed forecast as 2. 1 in 2019. The fed lowered outlook for unemployment this year to 3. 6 . The fed sees the labor market as strong rig...

Significant changes to our statement. Since the beginning of the year we have judged that our current policy stance was broadly appropriate and that we should be patient in assessing the need for any changes. In light of increased uncertainties and unit inflation pressures we now emphasize the committee will monitor the Economic Outlook and will act as appropriate to sustain the expansion with a strong labor market and inflation near its 2 objective. Id like to take a step back to review how the...