Suppression of freedom of expression. The fate of a small 1106 where kilometer corner of china was determined by opium. And it was here in the 19th century that the british manufactured the drug and sold it to china. The chinese emperor tried to stop the opium trade but the british increased pressure attacked china and occupied hong kong. In the years that followed treaties were signed the grant of the british 99 years of rule over hong kong. During those years it grew into a financial metropolis in 1907 the leasing agreement expired and the british handed hong kong over china agreed that the socalled Administrative Region was to remain autonomous for 50 years but then beijing began to intervene politically and more and more members of the prodemocracy Movement Began taking to the streets. In 2019. The situation escalated and more than a 1000000 hong kong residents took part in protests originally the demonstrations were against a proposed extradition law and then turned into oppositio
Medicaid reimbursement rates so it artificially depresses this number to 1. 00 that youre reading about in the minutes but if you look at the core c. P. I. The core Consumer Price index which strips out food and energy it has been running at or above 2 percent which is the feds target for 23 straight months now so i think that there needs to be some soul searching at the fed because the average American Family is not going to tell you that inflation is running too low so how would they be able to actually combat this. Well they say that they want to get inflation up to a certain range and that is code that is fed speak for saying we want to keep Monetary Policy easier for as long as it takes to get up to that 2 percent bogey and what how investors rightly read that message is that theyre going to continue growing the Balance Sheet and if need be and we know that the need be could. Could be happening with the coronavirus shock to the to the to the economy not just in china but here in t
This is the one business show you cant afford to mess im christiane and im going to board washington coming up the Federal Reserve on wednesday release their minutes of their january meeting but what path has the central bank decided to take well break down the feds moves and how its close choosing to react to global instability what wall way has lost a case in court relating to the purchases of its products but how will the embattled telecoms giant bear Going Forward will analyze the future of cross the globe. In the great. German europe. And later the u. S. Has sanctioned russian oil giant ross now as the nation has ramped up the effort against venezuela well do a deep dive into the penalties and what it means for the petro sector. Today so lets go and dive right in. The federal open Market Committee released edited minutes from his january meeting during which policymakers voted to keep Interest Rates unchanged between 1. 51 and 3 quarters percent drone policy now says that the u. S
American family is not going to tell you that inflation is running too low so how would they be able to actually combat this. Well they say that they want to get inflation up to a certain range and that is code that is fed speak for saying we want to keep Monetary Policy easier for as long as it takes to get up to that 2 percent bogey and what how investors rightly read that message is that theyre going to continue growing the Balance Sheet and if need be and we know that the need could could be happening with the coronavirus shock to the to the to the economy not just in china but here in the United States if that means further rate cuts in 2020 that is certainly what the markets have begun to price in now speaking of how does the f o m c participants view the corona Virus Outbreak is this a threat to Global Growth and if so how much is there a cause for a material reassessment in the outlook and what would that possibly mean for additional easing next year or this year. Well so i thi
The fed utilizes imputes Health Care Costs which is really going through the roof for the average working family it imputes Health Care Costs using medicare and medicaid reimbursement rates so it artificially depresses this number to 1. 00 that youre reading about d in the minutes but if you look at the core c. P. I. The core Consumer Price index which strips out food and energy it has been running at or above 2 percent which is the feds target for 23 straight months now so i think that there needs to be some soul searching at the fed because the average American Family is not going to tell you that inflation is running too low so how would they be able to actually combat this. Well they say that they want to get inflation up to a certain range and that is code that is fed speak for saying we want to keep Monetary Policy easier for as long as it takes to get up to that 2 percent bogey and where. How investors rightly read that message is that theyre going to continue growing the Balanc