Essentially met the feds goals certainly on the employment side and nearing it on the inflation side. 2 inflation goal. She continues to expect, however, gradual rate hikes and says the fed or the committee has decided its appropriate to move to a neutral stance of Monetary Policy rather than one that is accommodative or stimulating the economy. Not acting, the fed chair war n warre warrens waiting too long risks rapid rate hikes. No evidence that the fed chair says its fallen behind the curve and the u. S. Economy has shown remarkable resilience in the face of several shocks. Some of them domestic and some of them global. Prospects for growth, quote, look encouraging and global risks have receded somewhat. Economic challenges, she says, do remain. Doesnt give the economy a clean bill of health and points out some of the problems that plague the economy, low productivity, for example, fiscal policies would best help address rather than monetary polishes. So, whats happening here, guys,
Reporter sessions said he discussed terrorism and ukraine with the russian ambassador. In a statement, the state Department Said earlier today that sessions had 25 conversations with foreign ambassadors last year when he was still in the senate. It went on to say, liz, that none of those conversations was inappropriate. Now that Jeff Sessions is out, who will be handling russia . The acting Deputy Attorney general, will lead investigations into russians alleged interference in last years election. A few weeks ago he was named the acting attorney general. As for president trump, he put on his commanderinchief hat today and boarded one of the largest warships in the world. To outline his plans for a massive military buildup. Our navy is the smallest its been since, believe it or not, world war i. Dont worry. Its going to soon be the largest its been. [ applause ] speaking aboard the u. S. S. Gerald ford in newport news, virginia, the president wants to grow the navy from 272 to 350 activ
Reporter firefighters are guaranteed about 70 of their income after retirement in their 50s and in san ramon, firefighters contribute close to 25 of their income to their pension. The Contra Costa Taxpayer Association believes the system wont work. Its unreasonable. Its unaffordable. Most importantly from a taxpayer perspective and from the perspective of the firefighters, its unstainable. Reporter but chief mayer says san ramon is an example of a Fire District doing things right. We have a sustainable system. We are paying all our unfunded liabilities. Were actually one of the only agencies i know in the United States that pays extra money towards our unfunded liabilities in retirement medical and pension costs. Reporter and the fire chief tells me that a starting firefighter here would make about 90,000 a year in salary alone. In san ramon, jessica flores, kpix 5. New at 6 00, your tax dollars not at work. We have learned that caltrain is paying millions of dollars for contractors to
Gus is a handful. We dont know what this thing is, but someday, gus will because this is the thing that gus will build that will change the world. And this is the thing that could change gus world. Gus doesnt know what this thing is, but we know what this thing is. This is the thing well help gus get rid of. And without this thing, gus can grow up to build this thing, whatever that thing is, because thats what we do. We do health things, and we do those things for northern california, live from the cbs bay area studios this is kpix5 news. Keep them out keep them out kind medical now at 11 00 shut down, neighbors refuse to even hear a proposal to bring a first of its kind medical pot business into their community. They call the idea garbage. Good evening. Im ken bastida. And im elizabeth cook. Andria borba was at that chaotic Community Meeting in San Francisco where that proposal had neighbors fuming. s tarava a loud and very why we have to listen to their garbage . No in question is h
Gus is a handful. We dont know what this thing is, but someday, gus will because this is the thing that gus will build that will change the world. And this is the thing that could change gus world. Gus doesnt know what this thing is, but we know what this thing is. This is the thing well help gus get rid of. And without this thing, gus can grow up to build this thing, whatever that thing is, because thats what we do. We do health things, and we do those things for northern california, live from the cbs bay area studios this is kpix5 news. Keep them out keep them out kind medical now at 11 00 shut down, neighbors refuse to even hear a proposal to bring a first of its kind medical pot business into their community. They call the idea garbage. Good evening. Im ken bastida. And im elizabeth cook. Andria borba was at that chaotic Community Meeting in San Francisco where that proposal had neighbors fuming. s tarava a loud and very why we have to listen to their garbage . No in question is h