For that, we turn to ylan mui. The Federal Reserve will do repo operations through 2020 the fed saying it will purchase t bills into the Second Quarter of next year we know fed officials discussed the need for a plan to address volatility in the overnight funding markets. Chairman powell said a plan would be coming soon now we have it the fed overnight repo operations will be conducted through2020. T bills will be purchased through the Second Quarter next year the fed also pointing out that this is not the same as qe and that these actions will not effects the stance of Monetary Policy back to you. Thank you very much well look for Market Reaction on those immediate headlines as we said earlier, dow up 408. Going to steve liesman, talk about what this may mean steve, you raise the question earlier in the week about what additional purchases would mean. Yeah. So the fed has this issue of continued illiquidity in the market this extends it out, they could extend it again. Theres two thin
A song that was 10 meters by 10 peters. I know youre watching the Aussie International im rosana low could welcome to the program. Now the u. S. Secretary of state mike pompei one has accused iran of an act of war against saudi arabia following the recent bombing a Saudi Oil Refineries top u. S. Security officials met on thursday to discuss possible military options against tehran which denies any involvement in the attack meanwhile President Trump says he still hoping for a peaceful solution. I mean you may have some very strong here and well see what happens a lot of things could happen if we can have a peaceful solution thats good its possible that that wont happen. And my pump aoe is currently on the middle east tour trying to shore up support for action against her on the u. S. Says it is confident iran was behind saturdays drone missile strikes on Saudi Oil Facilities arties merde gas d of look so what evidence has been presented so far. It has been decided that iran did not star
Type of person you are be decided by those clothes so i think youre going to decide to sell the clothes. For a good morning welcome you watching r. T. International 9 oclock here in moscow now the facebook c. E. O. Mark zuckerberg has met with the President Donald Trump as part of his d. C. Tour social media platforms chief is looking to defend his company amid mounting criticism by lawmakers over privacy issues and also Data Protection facebook has been going through a rough patch legally of late in a recent case where a band user accuses social media giant of defamation facebook argued it was a publisher and hence had the right to choose what content to put out but previously the company has claimed it is a platform and therefore not legally liable for things that get posted in as more. So what have we got here. Thats better plaintive ultra right activist laura luma who was taken off pretty much all major Online Platforms defendant facebook one of the giants which kicked her out we c
Army ranger welcome to the program thank you matthew good to be with you ed thanks for having so lets jump right in 1st your reaction to this Federal Reserve cutting Interest Rates by a quarter percent does this lend credence to a coming recession lets start with you chris. Well i think the fed is clearly concerned about some type of downturn but lets face it recessions are notoriously hard to predict and if we tried to bet every time the Federal Reserve cut Interest Rates it was going to recession we have lost a lot of money im betting that way i think what is probably more correct to say is that the fed doesnt see any signs of looming inflation and they dont want they want the economy to continue to grow without it with this past off without inflation but what you will see if theres one assumption made from this is anyone who is not refinance their home in probably the last 18 months is going to get out and do it because youre not going to find much lower Interest Rates ever again ro
In the middle of one myself so this is good news for me not today but all joking aside i think this is a prudent move right now because there is somewhat of a slowdown when im not doing political punditry analyzing the economy and ive been seeing the prices of gold going up theres other telltale signs that theres some some confidence waning in the economy im a little bit concerned about my Party Just Getting ahead of the horse ahead of the game here and talking about recession we just need to be more careful and mindful of whats happening right now with the economy but matthew im concerned that if you notice that last democratic debate there was not one question asked about the economy which is always the paramount issue of importance to voters. Chris chris want to you talk to us a little bit inform our audience about the this level of drop in Interest Rates whats the context of this historically is this sort of unprecedented how low the rates are or is this kind of par for the course