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We are looking at mostly cloudy skies as we head to our day tracking a week weather system that is going to usher in those clouds and also a few spotty sprinkles or showers as we go through our monday. The grsanta rosa, petaluma from a whole, as well as for oakland, near concord, a few spotty sprinkles this morning. As we take you through our day as we had through our morning, you can see low to mid 40s, daytime has a little bit below average for this time of year, 59 in San Francisco, 66 in san jose and 62 for oakland. We will talk about a warmup as we head to the week, details coming up. Lets check in for a look at traffic. We do have a couple things going on out there the f northbound 880 right around 42nd. This is due to overnight roadwork and lane closures happening, as you can see on our maps we are seeing a little bit a red. Give yourself a few extra minutes. Other than that, there is some roadwork also along 680, both direc ....
For disinfecting toothbrushes, shoes, and other places where you do not want to use chlorine or columbus, ohioto where the governor is about to brief reporters on the coronavirus. With a Probate Technology toized continue the course work bring a family together. Up this morning for the first time as an official family following the adoption of their son james. They used to this, zoom technology. They were able to finalize the process, consummating the adoption and working with the court. Nd probate what is special about this is their family from all across the state was able to witness this. Congratulations. That is pretty neat. Congratulations to the family and the judge as well. Want to talk for a moment about Hospital Capacity and what we are doing to bring you an update and we will just update you every several days as we move forward. This is one of the things we ....
Policy correspondent. This is more than the fed might have done. Michael last time i remember a 50 basis point cut was 2001 no, 2008. , the initial cut the last time no, 2008,rise the initial cut. The last time we had a surprise rate cut was 2001. When they do it before the markets open, heres the money quote. Coronavirusout the posing evolving risk to economic activity, and say in light of these risks and in support of achieving its maximum employment and price stability goals, the committee decided today to lower the target rates for the federal funds rate by one half 1. 25 . Age point to a major move by the fed today to put a floor under markets and maybe try to get ahead of any damage out there, although, as a lot of people will tell you, it isnt clear that the fed is going to be able to really do a lot with this except help the markets. The statement goes on to say the committee is closely monitoring developments and their implications for the economic outlook, and will use their ....