Weeks talkers. Watch. Maria what will be the retaliation coming from china . Its certainly posturing. At this point, theyre in a war of words with the united states, and theyre doing their best to show they can take global action. I think the other thing we should be concerned about with is where do they have points of leverage. Maria its almost our duty to stop the people from running the world. They plan to run the world by mid century, but with the pandemic, theyve speeded up the timeline. Maria what is your reaction to joe bidens climate plan . Hes been taking over by this radical progressive left, you know, Green Energy Future thing that aoc and ill hand Ilhan Omar Ilhan omar and Bernie Sanders are out there pitching. Maria our audience wants to know about the coronavirus vaccine. We will be publishing the results of our preclinical data, but we start human trials next wednesday. Maria how would you characterize the earnings season so far for the Second Quarter . I dont think the
Maria in this edition of the weeks talkers. Watch. Maria what will be the retaliation coming from china . Its certainly posturing. At this point, theyre in a war of words with the united states, and theyre doing their best to show they can take global action. I think the other thing we should be concerned about with is where do they have points of leverage. Maria its almost our duty to stop the people from running the world. They plan to run the world by mid century, but with the pandemic, theyve speeded up the timeline. Maria what is your reaction to joe bidens climate plan . Hes been taking over by this radical progressive left, you know, Green Energy Future thing that aoc and ill hand Ilhan Omar Ilhan omar and Bernie Sanders are out there pitching. Maria our audience wants to know about the coronavirus vaccine. We will be publishing the results of our preclinical data, but we start human trials next wednesday. Maria how would you characterize the earnings season so far for the Secon
Maria in this edition of the weeks talkers. Watch. Maria what will be the retaliation coming from china . Its certainly posturing. At this point, theyre in a war of words with the united states, and theyre doing their best to show they can take global action. I think the other thing we should be concerned about with is where do they have points of leverage. Maria its almost our duty to stop the people from running the world. They plan to run the world by mid century, but with the pandemic, theyve speeded up the timeline. Maria what is your reaction to joe bidens climate plan . Hes been taking over by this radical progressive left, you know, Green Energy Future thing that aoc and ill hand Ilhan Omar Ilhan omar and Bernie Sanders are out there pitching. Maria our audience wants to know about the coronavirus vaccine. We will be publishing the results of our preclinical data, but we start human trials next wednesday. Maria how would you characterize the earnings season so far for the Secon
Forward guidance. My questions are first, what are you hoping to learn, how might that change your response and third, how close is the committee to reaching a decision on a more concrete Forward Guidance and whether yield caps might reinforce that guidance . First i would say we think Monetary Policy today is wellpositioned to support the economy in this challenging time. If we didnt think that of course we would change her policy now. As you know we lowered her policy rate very quickly, quickly than others and we said we will keep it there until the economy has weathered the effects of the virus and on track to achieve our goals. You can see in the dog plot as i think you pointed out the overwhelmingly the participants expect as a baseline expectation no rate increase at least through 2022 and if you look at surveys and forecasters are market produce reports, Financial Market prices et cetera, those reflect rates at the effective lower bound. The first thing is Monetary Policy is in
Many millions have lost their jobs. There is great uncertainty about the future. At the Federal Reserve, we are strongly committed to using our tools to do whatever we can, and for as long as it takes, to f provide some relief and stability, to ensure that the recovery will be as strong as possible, and to limit lasting damage to the economy. The most important response to this crisis has come from our health care workers. And on behalf of the Federal Reserve, let me express our sincere gratitude to those dedicated individuals who put themselves at risk, day after day, in service to others and to our nation. Let me also thank the many other essential workers across the country who have helped meet our basic needs for goods and services in these difficult times. The virus and the forceful measures taken to control its spread have induced a sharp decline in Economic Activity and a surge in job losses. Indicators of spending and production plummeted in april, and the decline in real gdp i