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Disinformation is a major topic we need to discuss. We need to share our experiences in dealing with china. A forum where we can review all aspects of the chinese presence in europe, globally, and how we deal with that. They plan to kick this off. We are looking for a date in the near future. Trying to do scheduling. I think we are resigned to the fact that this may have to be virtual. Step in person. Just given the pandemic requirements. The deputy secretary has agreed to participate in a number of conversations. Directors of all the Member States will gather and have this on their agenda. The german presidency. That is an opportunity for Member States to engage. At both member state experiences and overall approach. I hope we can kick this off. We can see this as a longterm project. So we can really Exchange Ideas and ex ....
30, which is interesting and worth bearing in mind we have not traveled that far. The bank of england stepping up preparations for negative rates. You can see quite facing the repricing at the front end of the u. K. Curve as we see the two moving as twoyear prospects of negative rates appear to become greater. Alix more on that boe decision with paul dale, capital economic chief u. K. Economist. Negative rates when, where, the future, how do they do it, when do they do it . I think the answer is probably not for a while, if they even do it at all, which suggests to me that the markets have got a bit too excited. We know that the bank of england has been thinking about negative Interest Rates for some time and said in august for the first time that it is part of the target. And today, the minutes revealed that they have started to make preparations so if they didnt want to use them, they could use them. Now i think that is very dif ....
Official cash rate being kept on hold, 0. 25 . They are prepared to provide additional stimulus. Just keeping you crossing these additional lines coming through. Monetary policy needs to support the economy for a long time. The economic recovery is on track. The funding may be ready before the end of the year. There is progress being made on additional monetary calls. There has been a rise in unemployment and an increase in firm closures. These lines crossing the terminal now. They kept that cash rate on hold as expected. Just keeping calm and carry on. You mentioned that november review of the Monetary Policy tool. A lot of questions that they will deploy are negative Interest Rates. This is what the market seems to be pricing in. You see that new zealand 10 year yield ever so slightly get into those record those for yields right now at 47 basis points. Lets check the marke ....
Because of health issues. Former ldp secretarygeneral Ishiba Shigeru, chief cabinet secretary Suga Yoshihide, and ldp policy chief kisishida fumi are vying for the leadership. But Campaign Activities are being confined to major cities becacause of the coronavirus. Translator i will once again devote myself to regional revitalization. I want to achieve a great reset to rewrite japapans bluepririn. Ototherwise, our country wont able to survive the next era. Translator i vow to keep on pushing forward the policies of Prime Minister abe. The top priority is coronavirus countermeasures. At all costs, i will stop an explosive spread like wewe saw the u. S. And europe and protect the lives and health of the people. Translator i will listen carefully and turn the voice ....
Activity and turmoil going on around us. Many of us are back in washington today. Were holding this committee virtually in compliance with the regulations for Remote Committee proceedings pursuant to House Resolution 965. This authority has allowed us to continue to do our work on behalf of the American People, while keeping our staff, families, and the Broader Community safe. We have all started to become familiar with navigating this technology, i do want to remind members of a few procedures. First, consistent with the regulations, the committee will keep microphones muted to limit background noise. Members are responsible for unmuting themselves when they seek recognition or when recognized for their five minutes. Members and witnesses must have their ca ....