Greg Torres News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chair Jerome Powell announced an Interest Rate cut for the First Time Since the 2008 financial crisis. Following the announcement, he took several questions from reporters. This is 45 minutes. Good afternoon and welcome. Today to lower the target for the federal funds rate by a quarter of a ofcentage point to arrange two and a quarter percent. The outlook for the u. S. Economy remains favorable in this action is designed to support that outlook. Againsttended to ensure Downside Risk, to help offset the effects these factors are andng the on the economy to promote a faster return of inflation t...

To sustain the expansion, while continuing to monitor Economic Data coming in for the future path where the rates should go. The fed still sees uncertainty in the outlook Going Forward and acknowledges that business, fixed Business Investment growth has been soft. Consumer spending they do say has picked up. Now the fed lowered payments on excess reserves to 2. 1 . The bottom line a quarter percentage point of a cut in the Federal Reserve federal funds rate and stopping the Balance Sheet roleoff two months early. Back to you guys. Charles that is a lot to digest. Here to do it, the biggest fox...

For details on what made the final cut or did not, will they find enough votes to pass . President trump is confident President Trump i think its going to do very well. I think were going to be in a position to pass something as early as next week, which will be monumental. Shery we are joined by businessweek editor they can murphy and National Political reporter sahil on capitol hill. We are here in different accounts for marco rubios camp. Do we know where he stands . Sahil his official position is that he is in no a no until he sees the agreement. Is not on the conference committee. Only re...

Motivations. He still thinks it is a bad idea to increase the debt ceiling on a shortterm, threemonth basis. Republicans were pushing for the thing the ceiling for 18 months. Pope francis is urging colombians to come together to heal the divisions caused by five decades of armed conflict. Speaking in bogota during his address to president Juan Manuel Santos today, the pope urged the country to enact just laws to address the inequality that sparked the rebellion. Fiveday visit to colombia is aimed at solidifying last years police a peace accord between the government and leftist rebels that has...

Cincinnati has about 5,000 acres of parks. Invasive plants cover about 2,000 of those and could threaten the future of the parks we love. Getting rid of them isn't easy.