A chorus of mr trumps so i think thats what youre seeing its clear that the American Economy doesnt need more cutting of Interest Rates because of the danger which has always been there that this kind of flooding the economy with cheap money with more money produced always carries the risk that that money will suddenly start to look to buy goods and services and give us the inflation that could run quickly out of control theyre worried about that its not there yet they worried about it in the past but theyre still nervous and i think thats why there is at least a month independence not to cut the rates which mr trump wants only because he needs to goose the economy in preparation for next novembers election or professor also want to get your input on the u. S. In ca which was agreed to on tuesday by members of congress we explained on tuesday that the u. S. In ca its really not a vastly better deal than nafta listen to this. Digital o. C. House democrats have not given us a significant
Press well thank you so much for joining us today. Glad to be here no no i want to start with the fetid signaling they dont want to alter rates over the next decade does this point to the central bank thinking were out of the weeds of this economic downturn or is it more of a fear that low rates may be the new normal or are they just trying to stick to President Trump what do you see going on here. I think theyre marching along a very narrow law and they are listening to President Trump even in ways that most economists think they shouldnt but theyre also trying to show that they havent least a little bit of independence left so they dont just look like a chorus of mr trumps so i think thats what youre seeing its clear that the American Economy doesnt need more cutting of Interest Rates because of the danger which has always been there that this kind of flooding the economy with cheap money with more money produced always carries the risk that that money will suddenly start to look to
Appropriate to support sustained expansion of Economic Activity strong labor Market Conditions and inflation near the committees symmetric 2 percent objective the fed added they will also continue to monitor Global Economic conditions as they develop which could alter their plan of action and for more on this were going to be joined today by Richard Wolfe professor of economics and host of economic update press well thank you so much for joining us today. Glad to be here no no i want to start with the fetid signaling they dont want to alter rates over the next decade does this point to the central bank thinking were out of the weeds of this economic downturn or is it more of a fear that low rates may be the new normal or are they just trying to stick to President Trump what do you see going on here. I think theyre marching along a very narrow lie and they are listening to President Trump even in ways that most economists think they shouldnt but theyre also trying to show that they have
The attacker, and seven people are in Critical Condition after an suv slammed into a crowd of people in Westminster Bridge and a man with a knife attacked a Police Officer outside of parliament. We must not allow terrorists to sew discourse in our city. Prime minister theresa may may condemn this as a sick and depraved terrorist attack. President donald trump was among the World Leaders offering condolences. The countdown is on for House Republicans to strike a deal on a new healthing care plan. The vote is expected to happen later tonight on capitol hill. The big concern now is whether the American Health care plan has enough support to pass. House republicans are making big last minute changes to the bill. Some lawmakers are lobbying President Trump and the white house to change regulations that would be imposed on insurance companies. The president will meet with the conservative Freedom Caucus this morning to hammer out at least 28 republicans are leaning towards voting no on this
But we cannot win unless we are together. And i am the only one left running that at the end of the nomination process can unite this party. We cannot win if were divided. And the sooner we can unite at the end of this contest, the better off were going to be in terms of winning. On the steve on the democratic side, Bernie Sanders was in iowa today, holding a meeting in Mount Pleasant he focused on those who choose to follow a me first philosophy. There are those people who think that what america is about is that everybody should be in it for themselves. What life is about is you doing anything that you can to advance yourself. But you dont have to Pay Attention or have compassion for anybody else. That you walk over people, that are homeless. You ignore veterans who are struggling. Thats not what youre supposed to worry about. To worry about is yourself. I dont agree with that definition of what america is supposed to be. Steve he was at iowa wesleyian college in Mount Pleasant. Hill