Page 4 - Balance Sheet Normalization Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hurricane maria moves past the Dominican Republic after a direct hit on puerto rico, knocking out power to the entire island. Janet yellen keeps Interest Rates on hold but the fed announces its historic quantitive easing program is coming to an end. Details coming up in business. We will go to madagascar are your locals are fighting to keep the iconic lemurs from the brink of extinction. First our top story live from paris. The second day of protests in barcelona today. Anger is growing over attempts from the Spanish Government to block an independence referendum for the Northeastern Region of...

Commerce bank. We have interviews with turkeys frances macron and canadas trudeau. Matt were less than half an hour away from the start of trading for european stocks. We did not get the fed announcement and discussion until after the close yesterday so yesterday we had equity indexes very little changed. Today you see the stoxx 50 futures and gains in futures as well. The u. K. Futures are right now unchanged. Take a look at the bund trade here. I have the threeday chart up and you can see the huge spike up in yields that we had after the fed announcement yesterday or keeping the fed announce...

Good afternoon. At our meeting that concluded earlier today, my colleagues and maintain the target range for the federal funds rate at 1 to 1. 25 . This accommodative policy should support some further strengthening in the job market and return to 2 inflation, consistent with our statutory objectives. We also decided that in october we will begin the Balance Sheet Normalization Program that we outlined in june. This program will reduce our Securities Holdings in a gradual and predictable manner. I will have more to say about these decisions shortly, but first, i will review recent economic dev...

Out withee a playing the aussie dollar. I want to highlight copper, off about 1 . That stronger dollar story radiating throughout the commodities. Update ons get an what is making headlines outside the business world. Made aurricane maria has bad situation worse. The storm knocked out power to the whole island, and caused intentionally billions of dollars in damage. Continuing the population exit is that help push the u. S. Commonwealth into bankruptcy. In mexico city, there is a race against time to rescue a young girl trapped in the rubble of a school. She has been there for more than a day ...

More body cameras have helped stimulate that because its only in response to the cell phones. If the cell phones werent there the body cameras were not be as urgent. The bottom line is that all policing is local. Whatever it is that the federal level the responsibility to address crime occurs locally. The motivation of that personnel belongs to the chief and the sheriff. Thank you for being here today. [applause] [inaudible] [inaudible] [inaudible] [inaudible] [inaudible] [inaudible] from the aging of the us population, relatively steady Participation Rate is a further sign of improving condit...