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July 16, 2024
Welcome. My colleagues at the Federal Reserve and i are dedicated to serving the american people. We do this by steadfastly pursuing the goals Congress Gives us of stable prices and maximum employment committed to making the best decisions we can based on facts and objective analysis. Today we decided to lower Interest Rates as i will explain shortly we took the step to help us economy strong in the face of some notable developments to provide assurance against ongoing risk. The us economy has c...
July 16, 2024
President donald trump says the cost is too small but fed chief Jerome Powell says its just what is needed for the Worlds Largest economy. Some had expected more from the u. S. Federal reserve and want the Central Bank Head to room poll held his own and lower the benchmark Interest Rate by 25. 00 basis points todays decision to lower the federal funds rate target by a quarter percent to 1. 75 percent to 3 percent is appropriate in light of the Global Development or mentioned as well as muted inf...
July 16, 2024
To the house for for a vote . Homeland security secretary kevin mc howinin on how safe is the homeland today after the attacks of 9 11. And lawmakers on the left and the right. Republican senator Marsha Blackburn. Where will they find Common Ground on gun reform, immigration and government spending, that and more on sunday morning futures. We begin with the white house blaming iran for yesterdays attack on the Worlds Largest oil facility in saudi arabia, forcing the kingdom to cut it Daily Oil O...
July 16, 2024
Get. You with us austrias parliament has voted to reject the plant a trade deal between the e. U. And south american nations following the decision from vienna the country might now block the agreement in brussels its the latest blow to whats thought to be a landmark trade deal one that took 20 years to negotiate austria is the latest country to cast doubt on a deal thats been 20 years in the making for the past several months the planned agreement between the European Union and for south americ...
July 16, 2024
Intense in and around the houses of parliament in london Prime Minister Boris Johnson appears absolutely determined to push through briggs it most likely a no deal braggs it at any cost meanwhile the opposition including members of johnsons own conservatives is just as determined to block a chaotic departure from the year or so who will prevail well the u. K. Looks more divided than ever before a number geraghty of School Teacher voters are it seems firmly opposed to braggs it all the talk north...
July 16, 2024
Right there, thats the motel where doctor king was staying. The one up there by my finger mark. Right and my dad in patterson went down the next day bring money for the children who had been jailed during the marches. And they went to the site and also stated that motel so. Where it had beenbombed. Martin luther king, a ie friend of the family . What they did, as a family, is we started doing jazz concerts and our first concert was also to raise money, it was in june and then we went up, at the ...
July 16, 2024
Lets check in on your markets and see how things are doing in terms of yields. You can see the u. S. 30 year yield coming down further. 1. 96 . Yield at. 98 . R i feel like i must be seeing something wrong because that would be insane. It is actually 1. 47. Im sorry, italy, thats what got me off track. I thought i was looking at u. S. Treasurys, that would be nuts, dropping 50 basis points in minutes. That is the italian 10 year coming in below 1 . With stocks opening down and turning higher aft...
July 16, 2024
Reporters. I have got records on my mind. We may not have a record high for the s p hundred, but we do have a record high for the s p 500 utilities sector. Take a look at the time of 1. 8 . A record closing high as yields have been down for days in a row. It may be worrisome. This is a defensive sector. You have investors going and while the broader sector is going into a record high. Relative to longerterm charts, what we are looking at is the valuation spread between utilities and the s p 500....
July 16, 2024
Will nancy pelosi bring usmc a to the house for for a vote . Homeland security secretary kevin mc howinin on how safe is the homeland today after the attacks of 9 11. And lawmakers on the left and the right. Republican senator Marsha Blackburn. Where will they find Common Ground on gun reform, immigration and government spending, that and more on sunday morning futures. We begin with the white house blaming iran for yesterdays attack on the Worlds Largest oil facility in saudi arabia, forcing th...
July 16, 2024
Good morning, everyone. Good afternoon if you are watching from asia. This is bloomberg surveillance. I am in italy for the ember city ambrosetti forum. Lot to do with the economy, the trade war, with no end in sight. Although the two sides did decide to meet her we go back to our wall of worry. What im looking at. European stocks were up at the open a touch, now they are down. 1 . A lot will have to with the number we get from u. S. Jobs. Looking at treasuries, they are slowing some of the decl...