Fed governor saying the fed is likely going to need to shift its Monetary Policy from a policy of stabilization to a policy of accommodation which means helping the economy achieve the level of growth that it has previously. Remaining low until certain Employment Outcomes are hit. A thick fog of uncertainty now surrounds the United States. She goes onto say the Downside Risk dominates the strength will depend on Additional Support along with Monetary Policy. She urges fed emergency facile tills to be as broadly accessible as possible perhaps a concern on her part that maybe some of the current facilities are not. Melissa. Does she sound much more pessimistic compared to other Federal Reserve Board Members . She does sound somewhat more pessimistic but the fed overall has been more pessimistic than the market this continues that concern. The concern about uncertainty that really has been a consistent note from fed chair jay powell but perhaps youre right, shes more pessimistic especiall
Sexy manatee and music back. Really big deal. Thanks, dana. Good evening, welcome to washington. Im bret baier. Breaking tonight, President Biden is three hours away from what critics and supporters are calling one of the most important speeches of his political career. The incumbent president trying to fend off his predecessor and potential successor must prove to the American People he is not too old, too infirm or too out of touch on policies important to americans to justify a second term. He must also lay out a vision for a second term that his Campaign Hopes can prompt a reversal of his recent dismal poll numbers. The state of the Union Address can be seen right here live at 9 00 p. M. Eastern time. Were just now getting a sneak peek at a few elements of the president s speech. White house correspondent peter doocy starts us off with that live from the north lawn. Good evening, peter. Peter bret, this is going to be President Bidens balancing act tonight. Pitch a unity agenda tha
At least today is not going to be as windy. Yesterday walking around, wow, you could really feel it. It was hard sometimes to open the door. Our cars could have a little trouble tomorrow getting around on area roads, especially if you plan on heading out if you have to be somewhere before 9 00, 10 00 in the morning. So critical to watch the forecast. We have mostly clear skies, temperatures getting a chance to bottom out. 16, frederick. 18, d. C. Going up thisoday time instead of going down. Lunchtime, you will still need the warm coat. Gloves, scarf, you will want all of it. 29 degrees during the afternoon and evening rush. As we get into the late evening hours, youre going to notice, wait a minute, it feels ptt going to be going up a bit to the evening hours between 6 00 and 10 00 a. M. Tomorrow morning. That is your window would we could see the freezing rain and where Road Conditions could be ice. The next change for us will come after the morning on saturday. Temperatures will be
Sheets. Lets go over to david murphy with accuweather and karen rogers has traffic. Reporter we made that switch a month ago. This Winter Weather advisory kicks in at 10 00 p. M. Tonight. Snow is coming tonight after midnight. The National Weather Service Place it cautiously and posts this ahead of the game. We have warm air coming up from the south that will change the snow to rain a little bit of sleet and freezing rain in the transitional period. This could happen early in the morning even through dawn in south jersey and delaware, i think until 9 00 a. M. To 11 00 p. M. Youll see improvement in the i95 corridor. Allentown youll have to wait until midday or the afternoon. Things will improve. As we look at satellite you can see a lack of cloud cover. Well start out sunny and add the clouds. Were at 16 degrees in philadelphia. The coldest morning in 8 years in philadelphia. 14 in allentown. 14 in reading. 15 in wilmington, 15 in trenton. 21 degrees in cape may. Even though overall wi
Heavy rain and already saturated soil has taken a toll on thetrees along the coast. This huge monterey pine crushed the front of a duplex here off 49thavenue. Barry temple says the tree might just as easily have fallen on his house. Sot barry temple neighbor . My wife was out for a walk and she heard a loud crack and saw a tree fall across the street and then there was another crash and this tree came down across from out house. no one was hurt because the residents of the front unit had just left for work when the tree fell. Monika wallis lives in the rear unit and had been worried about that tree amid all therecent rain. Sot Monika Wallis lives next door . There have been limbs hanging down and i told the Home Owners Association about it but they werent impressed by what seemed to be a disater waiting to happen. the power was knocked out and a utility pole looks like it might fall at any time, promptingthe police to close several streets in the area. P. G. E. Rolled seveal crews to t