Welcome. Today to lower the target for the federal funds rate by a quarter of a percentage point to arrange 2 to 2. 25 . The outlook remains favorable, and this action is designed to support that outlook. It is intended to ensure against weak globalks from growth to help offset the effects of these factors currently on the economy. And to promote a faster return our 2 objective. All of these will support achievement of the overarching goal, to sustain the expansion with a strong job market and inflation close to our objective for the benefit of the american people. People. We also decided to conclude the runoff of our securities portfolio in august rather than in september as previously planned. And i will discuss the thinking behind the reduction in turn to the pot forward. As the year began, both the economy and Monetary Policy were in a good place. The Unemployment Rate was below 4 in a are interestrate target was that the low ends of neutral. Over the first half of the year, the ec
Inflation to our symmetric 2 objective. All of these objectives will support achievement of our overarching goal, to sustain for the benefit of the american people. We also decided to conclude the runoff of our securities portfolio rather than and september as previously planned. N in september as previously planned. And i will discuss the thinking behind the reduction in turn to the pot forward. As the year began, both the economy and Monetary Policy were in a good place. The Unemployment Rate was below 4 in a are interestrate target was that the low ends of neutral. Over the first half of the year, the economy grew at healthy pace. And it pushed on appointment to near a halfcentury low. Wages have been rising particularly for lower paying jobs. People who live and work in low and middle income communities tell us that many who struggle to find work are now getting opportunities to add new and better chapters to their lives. This underscores the perfect of sustaining expansion. To the
Point to 2 to two and a quarter percent. The outlook for the u. S. Economy remains favorable in this action is to support outlook. To help offset the effect factors were curtly having on the economy and to promote a faster return of inflation to the percent objective. All of these objectives will support achievement of our goal sustained expansion closer objective for the benefit of the american people. We also decided to conclude the runoff of our securities portfolio in august rather than in september as previously planned. And i will discuss the thinking behind the reduction in turn to the pot forward. As the year began, both the economy and Monetary Policy were in a good place. The Unemployment Rate was below 4 in a are interestrate target was that the low ends of neutral. Over the first half of the year, the economy grew at healthy pace. And it pushed on appointment to near a halfcentury low. Wages have been rising particularly for lower paying jobs. People who live and work in lo
A lot of updates from the g 20 and had to. Stay with us now for the Financial News in the kinds of. Ok everybody is max kaiser this is the report the share that makes you taller more beautiful and sexier stacy yes max well you know whats happened in the past week or so is not only is the big queen bull market back krypto winter is over but finally gold has broken out of her range and which is then trapped for over 6 years when it took out its 2013 high and then its no matter what this ups and downs right now its in a new its in a new cycle yes the bull market and gold is back so weve had a long 77. 00 most a year bear market in gold and thats now over driven by a realization by the marketplace of 2 things number one quantitative easing is now permanent there will be no downsizing of the feds Balance Sheets theyll be no return to normalized rates financial oppression will continue that is low rates that destroys savings and destroy capitalism and destroy labor thats now a permanent feat
Be secure i dont think its going to become less secure it will are a certain price action expecting a huge boost in price. Its not a bold the thought of being able to my the bitcoins but its about the transactions on the transaction fees that should make up for the minor rewards that article from the bank of International Settlements obrador nagano or. Been working for 10 years really really well 8 so much that youre right in favor of your own word or guess what maybe your system is not going to work in the future and you know its have more proof of keys and lets see who actually owned what and whats recorded on the option remember bitcoin is a system of social justice disguised as a get rich quick scheme and so the bank of International Settlement is the queen of get rich quick schemes. It enables the Central Banks to print money without any collateral to their member banks who then use it to buy for a 150000000. 00 but it never trickles down to the actual wage earners that make the e