Page 44 - Congress Given News Today : Breaking News, Live Updates & Top Stories | Vimarsana

[inaudible conversations] good afternoon. My name is harold furchtgottroth, senior fellow at the Hudson Institute and i will be your host today. Thank you so much for joining us. We are very pleased and honored to have witnessed the honorable makan delrahim, the assistant attorney general at the u. S. Department of justice. He needs to introduction, and he has been working around issues related to antitrust for a great deal of time. He has a very distinguished resume which you can find at the department of justice website. Before we get started i have two requests. One is if you take your cell...

Median the long one remains unchanged at 2 1 2 . The economy is very much the same as it was in fact, i dont have any changes at all Economic Activity rising at a moderate rate. Job gains solid on average Unemployment Rate remained low the only weak spot there and inflation running below the feds 2 target. The fed used to morninger Global Developments and inflationary pressures. Those two things animating fed policy, very much on its radar there in terms of what is behind or motivating policy right now finally, a little bit on the Unemployment Rate. They lowered the Unemployment Rate forecast ...

Forward on inflation, the fed sees core pce inflation dropping, to 1. 6 that is the inflation excluding food and energy original closer to 2 objective fed sees inflation rising next year under target range there, now on growth sees gdp finishing 2. 2 for the end of the year here, 2 for next year, then the fed sees slowing growth in years 21, 2022 down slightly but still in that 2 range there, on jobs, the fed sees jobless rate going up a little bit to 3. 6 currently 3. 5 , the fed then see it is jobless rate tick down again back to 3. 5 , next year, now finally, talk about that all 17 members ...

Tough. In a few minutes, mr. Trump meets face to face with e man yale Marrone Emanuel macron, the president of france. Later he meets the queen at Buckingham Palace. Oh, to be a fly on the wall. The president s negotiating from a position of economic strength. We can wait, chinas in trouble, but investors do not like it. The dows going to be down another 250, 260, maybe 280 points. That would be better than 1 . Same loss or almost the same loss on the s p, down about 27. Nasdaq taking it on the chin to a tune of a 1. 1 . Big deal, big selloff. Another big show on its way. Varney company is abo...

Good afternoon, everyone. To begin, id like to say a few words about paul volker who as you know passed away earlier this week. Paul volker served as Federal Reserve chair from 1979 to 1987. He accomplished many things during his long and distinguished career at the fed and elsewhere. Hes best known for leading the fight to tame the doubledigit inflation he inherited, laying the prosperity we enjoy today. But what is perhaps most admirable about him more than his accomplishments was his character. He believed that there was no higher calling than Public Service and he dedicated the lions share...