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Were going to go back to steve as soon as we sort out the audio. The main information, 100 was the vote in favor of this decision as steve was just beginning to say, theysh no plans to raise Interest Rates through 2022, and said theyre committed to providing more support following shutdowns to contain the coronavirus. The dow is still down about 150 points we still have the tenyear treasury yield kind of drifting toward the lows of the session before the decision hit. Steve, let me bring you back in here im sorry. Well go back to steve in a moment were running through the tenyear troishry yiel...

This year at 9. 3 . Then recovering next year to five or 6. 5 in 2021. Now pce inflation under 1 . Longterm federal funds rate again, they see it at 2 1 2 , getting back to that. But again no raise in rates for the next two years. Now in the statement, theyre very interesting language. They put in financial conditions have improved in part reflecting policy measures to support the economy and the flow of credit to u. S. Households and businesses. They have had weaker demand it says on, as well as oil prices have kept inflation historically low. Federal reserve is committed they say to use the ...

Order to support Economic Growth following the coronavirus pandemic. This News Conference runs an hour. Good afternoon everyone. Thank you for joining us. Our country continues to face a difficult and challenging time as a pandemic is causing tremendous hardship in the United States and around the world. People have lost loved ones and many millions have lost their jobs and there is great uncertainty about the future. At the Federal Reserve we are strongly committed to using our tools to do whatever we can and for as long as it takes to provide some relief instability to ensure the recovery wi...

Host next on booktv, programs from the archives that focus on technology. You can watch them by visiting the website of booktv. Org my job is to model risk for a living. The same companies that control the lions share of patterns that have an extraordinary amount of money that are able to attract the best talent and fo food. It is something that is Companies Like salesforce that are not doing amazing things. In addition to the things i might mention, they are also building the frameworks and custom chips. If its the case of Artificial Intelligence although that is cool to optimize our lives us...

Each individual case is so heartbreaking. Yesterday on the floor we heard about a 5yearold girl whose mother a police officer, her father, a firpte. 5 years old, died of the coronavirus and then we heard max zones sister is dying. Senator warrens brother is dying. Thats people we know but people we dont know, theyre having the same kind of terrible grief in their family. Our prayers and thoughts are with those who have lost their loved one. Our prayers and thoughts are with those who have been diagnosed. Approaching 900,000 diagnosed and also, what 26 million having lost their jocks. Staggerin...