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Europe struggling economy. Monetary stimulus remains necessary to support the economy create coverage and to safeguard the medium term price stability. No warning from the International Air transport association revealed the delivery of any future product or acting will require some careful planning called it the largest single transport challenge ever we have a lot to get here so lets get started. On thursday the European Central bank announced its plan to keep Interest Rates unchanged e. C. B. President Christine Legarde said they are closely monitoring inflation to reach a level close to but below 2 percent we will keep the key e. C. B. Interest rates unchanged. We expect them to remain at their present in lower levels until we have seen the inflation out ....
Underlying inflation dynamics this comes as the euro continues to strengthen last week it hit a 2 year high following the meeting the euro jumped point 8 percent since march its risen about 11 percent against the u. S. Dollar while a guard also said the bank will continue its purchase under the pandemic bond buying with the lope of 1350000000000. 00 euros the program is set to continue until june of 2021 well that number is expected to increase before the end of the year. Come on the state of this state of the Global Economy we are joined by boone was cohost chrystia and founder and chief Market Strategist of the technical traders dot com chris for me and chris lets start with you although the e. C. B. Decided against any major policy action this thursday analysts theyre still expecting like i said the increase in the total amount of the program before the end of the year ....
Have deputy secretary of state Steven Biegun here to testify. Originally planned to hold this hearing back in march but the need to focus on covid19 prevented us from doing that even as we continue to address the pandemic and the impact on the u. S. Citizens. It is important this can many continue it to work on the most pressing Foreign Policy challenges and obviously chinas one of those. This is especially the case and the topic we are discussing today is a Trump Administration is correctly recognized china as a strategic and global pedant competitor of the United States it will be the greatest foreignpolicy challenge in the decades to come. The policies of the Chinese Communist partys undermined u. S. ....