Welcome to this virtual stage our honored guest, Federal Reserve chair, jay powell. At this moment of unprecedented challenge, not only to our Public Health system and our health in general, there is an enormous challenge to our economy and chair powell and his colleagues moved forcefully and quickly in responding to this crisis. Solutions,creative keeping credit flowing to houses and businesses and prepare the economy so they can recover when this virus so it can recover when this virus recedes. And it surely will, ladies and gentlemen. Your work, sir, and that of your colleagues, is far from over, but we are in good hands under your leadership. Indeed, leaders are tested in times of crisis and this crisis tests our leadership in no uncertain terms. You have risen to the occasion. It is safe to say we and all americans have appreciated your calm, decisive leadership in this moment of peril and on behalf of of all of us at brookings, please let me commend you on the powerful example of
Even though some of might be different directions. Were monitoring that. Monitoring what is the second biggest point gain so far, for the dow jones industrials. All major averages are advancing pretty smartly, right now, amid talk that this deal will get done, timing is only issue here. Whether this stimulus measure. That is out there, will be enough. Including that lockdown in wuhan, the epicenter of the coronavirus, slowly by surely. Keep in mind that about 60 million chinese remain in this proverbial lockdown. But the biggest of all was instituted a few moments ago with indias Prime Minister, announced a lockdown not for a section of country, not for some in this country but for all. 1. 3 billion indians in his country. This will last for 21 days. Youre beginning to see a trend here that shows the frantic efforts we are taking to provide stimulus to sort of slow the Economic Impact or the a least the arrest the blows in this country. As other countries are sort of dramatically ackno
President trump is striking optimistic tone. Were opening up this incredible country because we have to do that i would love to have it open by easter. Cheryl we will get allstar analysis from the host of this show, Charles Payne will be coming up very shortly. Plus weve got a feel good story that you have to hear. A pizzeria owner new jersey, pulling out all the stops to make sure his employees get paid during this crisis. All that and more on making money. Cheryl and President Trump is wrapping up fox news town hall on the coronavirus response. That actually just happened a few moments ago. At the same Time Congress is still trying to put together a stimulus package for americans. We have blake burman live at the white house with a lot more as the president just finished talking to fox news. What do we know, blake . Reporter a lot of news here in washington, d. C. , on both sides of pennsylvania avenue. Lets start here, chairman, at 1600 as President Trump wrapped up the fox news tow
Emerge stronger from the crisis and. For help from a woman in jordan renews concerns around the global. Violence many victims suffer in silence and in isolation whats being done to help them. Its good to have you with us britains Prime Minister Boris Johnson has been moved to intensive care in a London Hospital after his coronavirus symptoms reportedly worsened johnson tested positive 10 days ago he was taken to the hospital over the weekend because his symptoms were not getting any better he tweeted earlier today that he was in good spirits and he has remained in touch with his. But at the hospital in Central London the symptoms tonight got worse johnson is now said to be conscious and receiving some oxygen support. Our. Correspondent. There what more can you tell us about the condition of the Prime Minister well the Prime Minister has been brought to sing Thomas Hospital just across the river from downing street so very close to where he self isolated for the past 11 days in downing
This is 3 declines for each of these markets. Joe, it looked worse overnight well see what happens as we get a little closer to the opening bell youve been watching the treasury. It was lockdown. It was lockdown for quite some time. And it really was about i couldnt help but saying, this is the politicians fault. It was if they had done what they looked like they were going to do as of friday, i dont think it would have been like that but then again, we may have had the, all right, they passed it, were up and then that sells off. In this world, i dont know what to hope for anymore. This is how it works, though. Im going to read something in a second that im so excited about. I even got more excited about this than i did about the futures not being locked down is,000 points. Weet gel well get to that. It was 954 points or something. Yields have come down. The tenyear was down at 0. 829 . Again, that volatility is spreading not only through the stock market but treasuries. Its been amazi