Page 175 - Second Wave News Today

Chairman Jerome Powell will update the committee on Monetary Policy develop and the state of the u. S. Economy. It has always been four months since the last Humphrey Hawkins hearing, but we are seeing a different economy today. One that has been racked by the physical and Economic Impact of the covid19 pandemic, and ensuing shutdowns. Chairman powell, you have stated that the Federal Reserve is strongly committed to using our tools to do whatever we can and for as long as it takes, to provide r...

3. 5 . The s p, a similar gain, about 2. 5 there. And the nasdaq composite up just with over 2 . That is clearly a rally. Helped by the Federal Reserves bond purchases, thats money printing, a report from bloomberg on a possible trillion dollar plan for bridges, roads and 5g access in rural areas, thats the stimulus plan, a new one. Also helping, really helping, news from an Oxford University study, a breakthrough in the treatment of the virus using steroids. It significantly reduced mortality. ...

Getting out to 2021 and even trying to have our central bank centralbank measure 2022. Jonathan looking forward to that conversation in a couple of hours right here on bloomberg surveillance. Weve also got to talk about the projections. We have not had projections from the Federal Reserve since the summer of last year, and they were looking for 3. 5 unemployment in 2020, and gdp growth in and around 2 . Nobody saw the revisions that would have to be made just half a year later. Absolutely extrao...

Right now on chopper 5 and kpix 5 were looking live at our Salesforce Tower as we look at the Golden Gate Bridge on this monday morning. Good morning everyone, the weekend is over. Is monday, june 8 and we are glad you are with us. Im michelle griego. Good morning and thank you for joining us on this monday morning. As we start the day and the work week, mary lee is standing by with that. Happy monday. Good you. Where did the weekend go . We will be warming up as we head to the next two days. To...

Live and we will get to audience questions with the governor before we wrap up the conversation. We also want to hear from you watching on politico. Com. What we are asking is what should congress be doing to respond to National Unrest and protests against Racial Injustice and why. You can type your answer on politico. Com. At the end of our interview, we will check out your responses. Before the governor joins us again, i want to talk about a few things we are watching this week. Number one is ...

Opens up today. A little bit of good news there. Of course, on Bloomberg Television worldwide. We say good morning. John, i love that opening where we had Christine Lagarde ooking at g. D. P. , and your conversation with laurence cud low looking at a better than good jobs report. They couldnt be farther away, could they . Jonathan hope bfl this ecovery in the administration. A lack of urgency around the next move on fiscal policy. I think thats critical, catching up with the administration, they...

Among people in the retail and restaurant industries. Many shops and venues were allowed to reopen after the nationwide state of emergency was lifted last month. Among the latest business es to resume operations is Universal Studios japan in osaka. The theme park opened its doors monday to osaka residents Holding Annual passes. Visitors are required to wear masks and undergo temperature checks. Translator i spent all of the past three months at home so i would be able to come here. Starting next...

Jump some sometime. Nationally doesnt seem to be more worrisome picture. Some of those spikes are giving other governors besides those in texas some paws where we go from here. Where do we go. Financial center banks, and the rest, ease up on the volcker rules, how much cash they keep on hand. It gets a little a gobbledygook. It doesnt have to have a lot of money sitting around. That could reflect on the group as a whole. Were following that as well as Jackie Deangelis monitoring all of this in n...

Today. Hes holding a virtual town hall looking for smoke. I dont see any. West 580, look how light the traffic is. The map shows you right around the split around central and with the naacp. Carlson we do have reports of a fire visible from the freeway. We cannot leave this moment at least a little bit of smoke. Thinking we can once again turn away from racism, it stains at nothing major reported but well follow that and track it. Thats the third small fire along the freeway over the our very so...

From the secretarygeneral. Then, my wonderful colleague in who works with, the alliance for securing democracy, will moderate a conversation with the secretarygeneral. She will start with fred and me and then take questions from you. Fred will close us out. Now a word about the secretarygeneral of nato. At a time when citizens in nato countries are looking for leadership, they need look no further than nato headquarters. Where secretarygeneral stoltenberg is providing strong principles and decis...