Policy is with the entire path of Interest Rates will look like. And i really dont have much for you other than to say that they will be data dependent. That over time the stance of policy will be adjusted to try to keep the economy on a track where we see continuing progress toward achieving our goals of maximum employment and price stability. Theres, you know, the federal funds rate has been sitting in this zero to a. 25 range now for 6 years. This is and we have a large Balance Sheet. Were providing a very highly accommodative Monetary Policy. And even as we begin to normalize the stance of Monetary Policy when that becomes appropriate, its important to remember that Monetary Policy will still be very accommodative for a long time. And as we begin to normalize policy well be looking at unfolding economic developments and as the economy strengthens and we come closer to achieving our objectives i think its very likely that we will, you know, progress on the path of normalizing policy
Ten minutes, but right now, jillian mele is standing by with the first alert traffic. Good morning, jillian. Good morning, bill. To you at home as well. We have an accident on 76, the eastbound side right near the blue route. You can see it right there. Its on the shoulder, so its not blocking anything on the highway itself, but it is enough to cause drivers to tap their brakes as they pass that scene, so we could see some volume continuing to build on that portion of 76. Drive times on 95 still pretty average. No big delays to report yet southbound into center city, still clear at this hour. If youre taking mass transit, no issues to report. Everything is on or close to schedule. And for drivers in delaware this morning, we are following some construction on 495 southbound just past route 13. We have two lanes blocked in that area. Vai . Thank you, jillian. All morning weve been following breaking news in bustleton. Thats where about an hour ago, Philadelphia Police caught two burglar
Call at this santa clara apartment complex, where a huge tree comes crashing down on top of the place. Well tell you about the damage here. Well also tell you about Flooding Issues because of all of the rain. Helping people in need during this Holiday Season. These are live pictures. The reason hundreds of people are lining up right now at glide Memorial Church in San Francisco. Mornings on 2 begins right now. Breaking news in San Francisco, where police are investigating at least three separate car fires. You are looking at a result of one of them. Ktvus brian flores is there. Coming up, he will tell us what else is unusual about this potentially dangerous situation. Good morning. Welcome to mornings on 2. Im tori campbell. Good morning. Good morning. Im dave clark. Did you dress in layers like steve said . I had a very warm coat and scarf. And a rain coat. And a rain coat. And umbrella. Thank you. Another system is moving in. There are breaks. If you get the break, its brisk. A lot o
Fired up again in the south. Oh my god, its on the ground again. This tornado touched down in southeast texas. Inside the flood zone new heartache. At least eight people are dead, 12 are still missing. In houston, this, flood waters inside a popular mall. Along the border a killer twister. This morning they have suspended all transit services. Cars were thoun on top of homes there. Here is nbcs gabe gutierrez. Reporter a desperate search for the missing as the magnitude of this weekends historic flood sinks in. I would describe it as a flood of biblical proportion. Its nothing like weve ever experienced. Reporter in the air and on the ground. Its texans helping texans right now. These are our neighbors, people in our community. It definitely affects us on a personal level. The Texas Army National guard scour the banks of the blanco river south of austin. We have drone capability were bringing into this thing, gising, thermal imaging, you name it, were brining it to bear. Reporter the r
Resolution approving the cost sharing agreement nottoexceed 10 million between the city and county of San Francisco and the pacific gas and electric company, for october 14, to october, 14, 2024. Thank you very much and we have mary from rec and park to speak on this item, is there anyone else from rec and park here . . On item one . Okay. Why dont we skip over that for now, then and will you call item two . Item two, ordinance of appropriate ating 1. 8 mill object from waste water enterprise from the department to pay for the expenses and the extraordinary expenses incuring as a result of the december 2014 storms. Okay tu. Very much, and colleagues wha, we are going to do and i will suggest that we will hear from the team and we will from the budget analyst and see the Public Comment and we are going to go into closed session with our City Attorney and first we will have the puc to speak. Good morning, charles, interim, cfo and this item before you is a supply mental request for our w