On Interest Rates. That was the take away from the central olbanks twodayy meeting where Interest Rates re left unchanged. Todays decision or perhaps better said nondecision follows three rate cuts this year, which was an abouface from from thet four inter rate hikes in 2018. Steve liesman reports from the Federal Reserve in washington. The Federal Reserve ended a momentous year forli monetary by launching what it one where the policy rate is likely on hold for what could be many months. The move to neutral folws three successive rate cuts in hike rates in 2019. Of plans to the fed called the current stance of policy quote appropriate. The feds overnight lending rate stands at a range of 1. 5 to 1. 75 . The fed chairman suggested that could be the case for a while to come. We believe the current stance of Monetary Policy supports sustained owth, a strong labor market and inflation near t symmetric 2 objective. As long as incoming information about economy remains broadly consistent wit
And assumed his office in august of 2018. He will make some opening remarks. Following that, i will preside over some questions. And then, have anybody here who wants to ask a question to be able to do so. We will go until exactly 9 30. Everything is on the record. A question,have stand up, identify yourself, your filiation, and ask a question and not a long statement. That would be appreciated. One question per person would be appreciated. It is my honor to introduce the president of columbia. [applause] thank you so much. [applause] okay, its my honor to do you introduce the president of colombia, president duque. Thank you so much. Good morning. Its a great pleasure for me to be here with you. I want to thank you, david, for your introduction. I want to welcome friends from different think tanks, former public servants, members of the International Development bank organizations. So my great purpose of this morning is to, in ten minutes, try to describe where is colombia heading to,
He was elected in june of 2018 and assumed his office in august 2018. He will make some opening remarks and then following that i will come up and preside over some questions and then have anybody here who wants to ask a question be able to do so. We will go until exactly 9 30. Everything is on the record, and so please when you do have a question standup, identify yourself, your affiliation and then ask a question, not a long statement. That would be appreciated, and one question per person would be appreciated. Okay, its my honor to do you introduce the president of colombia, president duque. Thank you so much. Good morning. Its a great pleasure for me to be here with you. I want to thank you, david, for your introduction. I want to welcome friends from different think tanks, former public servants, members of the International Development bank organizations. So my great purpose of this morning is to, in ten minutes, try to describe where is colombia heading to, and why its very impo
He worked at the development bank. He served as a special advisor. He was elected in june of 2018 and assumed his office in august 2018. He will make some opening remarks and then following that i will come up and preside over some questions and then have anybody here who wants to ask a question be able to do so. We will go until exactly 9 30. Everything is on the record, and so please when you do have a question standup, identify yourself, your affiliation and then ask a question, not a long statement. That would be appreciated, and one question per person would be appreciated. Okay, its my honor to do you introduce the president of colombia, president duque. Thank you so much. Good morning. Its a great pleasure for me to be here with you. I want to thank you, david, for your introduction. I want to welcome friends from different think tanks, former public servants, members of the International Development bank organizations. So my great purpose of this morning is to, in ten minutes,
Progressive minded solutions to Climate Change using technology. First, to our top story. Saying adam newman is stepping down. He will take on a new role. For more, i want to bring in Bloomberg Technology editor tom. What was the reaction to this . What this shows is that they are serious about salvaging the ipo. We saw it coming. This is something that they had been pushing for for a long time. They said the number two shareholder was also behind it. This sends a signal to investors that we are taking your concerns seriously. He has been very out there. There were concerns about his wife, rebecca. He will have less sway over the board going to three votes per share. Is stepping down and will become a nonexecutive chairman. All this says to shareholders is that we hear you, we are concerned about the governance issues that came from having him so central to this company. Even to its credit, adam newman, any email that he sent to the company, we got a copy of it and posted it on the ter