57. 4. The forecast was 56. 3. Better, bothng in for manufacturing actually, services a little below estimates that 54. 9. We will hear from mario draghi, speaking in germany. He says Forward Guidance is a useful instrument, but the effectiveness can be improved. Lets listen. Its easier to explain to the general public. Clear. Change is insider change. Saying, when the facts change, i change my mind. What do you do, sir . For policymakers, its not that simple and Research Helps us to decide whether a change deserves a policy response, or as we say, we should work through it. Fourth, when the world changes, as it did 10 years ago, policies, especially Monetary Policy need to be adjusted. Thats true for most people, but not for everybody. Such an adjustment is never easy. It requires and im prejudiced, a new assessment of the new realities with clear eyes, ofncumbered by the defense previously held paradigms that have lost any explanatory power. Fifth, we mus tbt be aware of te ours that
To confirm that the japan u. S. Security treaty covers the Senkaku Islands. Economic warning. A nobel prizewinning economist has some thoughts on getting japans economy back on track. The defense secretary of the United States is looking to reassure south korea and japan about the importance of his countrys alliances with them. James mattis is the first member ofof trumps cabinet to visit t two nations. Mattis on thursday met south koreas acting president in seoul. Mattis will attempt to remove concern about Donald Trumps campaign remarks. The president suggested he may review the nature of the alliances. In south korea, mattis wants to reaffirm both countries will press ahead with a plan to deploy an american antimissile system. The u. S. Is increasingly concerned by north koreas Intercontinental Ballistic Missile technology. Mattis will arrive in tokyo on friday. Hes scheduled to meet Prime Minister shinzo abe as well as defense minister tomomo inada. The japanese and u. S. Side are
Headquarters in new york. And anna edwards in london. How was jackson hole taken in the city . Na we are watching how this is playing out in the equity markets. Taken badly by the equity markets. Down. 3 . Down across the european session. I was fascinated with how they had to walk the line by saying, we dont have that many policy tools, but they have enough. Anna . Nextr joining us in the hour. Taylor italy will investigate whether fraud has anything to do with people who died in the earthquake. Contractors that broke building codes. And the country wants to make sure that organized crime does not get involved in the session. G the Authorities Say someone set fire to the crime lab in an in colombia, a permanent ceasefire has taken effect in a conflict that has lasted five decades. They are laying down their arms as part of the peace accord. To approve the agreement. Fighting in colombia has killed an estimated 520,000 people. Singapore has confirmed that residents have the zika virus.
Wilhelmina Reuben-Cooke, one of the first African American students admitted to Duke in 1963, went on to have a distinguished legal career. As Reuben-Cooke Fellows, facul