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July 3, 2024
Heard that a lot of businesses did not feel comfortable publicly voicing their concerns. So weve kept their responses anonymous as. In conclusion, this is not about a one day or a three day closure. This is about reset ing and rebuilding that trust in the community and making a process so its possible that the block can work well and get to 24 over seven. And it wasnt working for some merchants. And thats not a reason to cancel it entirely. We really want an opportunity to grow and expand. On th...
July 3, 2024
Tvs or computers around you. Please note that a time limit of ten minutes of remote Public Comment on each action or discussion item has been set in notice for this meeting. We thank you for your cooperation. Places you on item number two. Roll call director hemminger here hemminger present director henderson in henderson. Present director hinsey. Present hinsey present. Director. So here. So present. Director uchitelle here you present director. Kahina here. Kahina present chair. Chehregan here...
July 3, 2024
Director hinsey. Present hinsey present. Director. So here. So present. Director uchitelle here you present director. Kahina here. Kahina present chair. Chehregan here. Eken present. For the record, i note that director hinsey is attending the meeting remotely. Director hinsey is reminded that she must appear on camera throughout the meeting, and in order to speak or vote on any items places you on. Item number three, the ringing and use of cell phones and similar sound producing Electronic Devi...
June 25, 2024
Last night we saw protesters going down the street in charlotte. One of the many areas where they gathered to voice their outrage over tuesdays Deadly Police involved shooting. They chanted we want the tapes so far they are not releasing the sro. The National Guard joined the police in the streets on uptown charlotte. This is sro of the guard members at the hotel at the epicenter where last nights shooting took ken smith is covering these protests now for the past 2 nights. Joins us live in char...
June 23, 2024
Your forecast is that the economy is going to continue to not thethis 2. 5 rate, 3 we had under reagan and clinton. If we are shedding always jobs such a industry provides tremendous number of jobs for less skilled workers, it seems that that endangers even the 2. 5 growth we have. We have been creating roughly 200,000 jobs a month for the entire year. I was told it takes about 270,000 jobs a month to bring back into employment those who are currently unemployed to take care of those who would p...
June 23, 2024
Time to move forward. So we are trying to assess the overall u. S. Economic outlook, and we need to factor in all the different elements that determine that. Our success in selling goods to the rest of the world thats an important determinant of the outlook. We have divergent monetary policies globally, and it often means that there will be Exchange Rate movements that accompany that, and we have seen that over the last year and a half. As i said, the combination of the weak growth abroad, plus ...
June 23, 2024
We are very, very happy to have congressman teeberry take over as vice chair. Welcome. I also want to welcome our distinguished chair of the Federal Reserve janet yellen and thank her for appearing before us this morning. This committee has a long tradition of receiving regular updates from the chair of the Federal Reserve and were pleased to be continuing that tradition today. U. S. Economy has struggled through a long season of at tted growth. Over that time, our economy has grown at a histori...
June 23, 2024
Were interested in having the chairman address that issue also. These are some of the major issues we will discuss, and i certainly look forward to hearing chair yellens thoughts on this. There is also growing uncertainty that we should add to the occasion. Too many mornings we hear breaking news or pick up the newspaper and find headlines we dont want to read. That appears to be a spreading cancer not only in the United States but also throughout the world. And so the uncertainty that that leve...
June 23, 2024
Of your policy making and the effectiveness on your policy may be really regarding some structural changes that may be occurring in the result of the fact the result of the majority has been stagnant. And it seems to be a disconnect from some of the policy or the theory i remember learning years ago in economics that normally when you have increases in productivity, that productivity translates into higher wage levels. We have not seen that in recent years. We have seen productivity has gone up ...
June 23, 2024
Minutes. If we need a second round, we will try to accommodate that and also try to accommodate those that have had to run out for votes and will come back. Chair yellen, all of us sitting up here today would love to wake up to headlines in the wall street journal, headlines in the new york times, pictures on the front page of financial times. I have all these things that highlight you this morning as person of the day. I dont expect you have that same enthusiasm waking up every morning, but wer...