Later on in the session. Will have more on what jay powells comments mean treasury yields here with tenyear yield at 4. 16 . Lets go to lindsey and talk at the same time fed chair jay powell said bringing down inflation will take longer than previously expected he cast doubt at the next policy move could be a hike. Its unlikely that the next policy rate move would be a hike i say unlikely you know, our policy focus is what i mentioned which is how long to keep policy restrictive. Thats all fine and good. Joining us is stifel chief economist lindsay pietza do you remember the days of mike and drexel, lindsey . Do you remember when someone would have a high degree of confidence and when you could arrange financing . Do you have a high degree of confidence we know exactly where we are in terms of inflation and rates right now . No, i think it is telling that the fed chairman conceded it will likely take longer to gain the confidence and inflation is back on the disinflationary trend and a
Assistant attorney general for antitrust, discussed antitrust enforcement during a conversation hosted by the Brookings Institution in washington dc, topics include revising the guidelines for mergers, labor market impacts, the importance of acting competition and innovation in how the courts interpret antitrust regulation and how the courts interpret antitrust regulation. Good morning everybody. Welcome to brookings. Welcome to those in person and those online and those on cspan. Before i introduce our distinguished guests, i thought i would give you a sense of how we propose to run the program today. Were going to do 60 minutes of discussion among the three of us. Then we will open up for 30 minutes of questions, from before, as well as question submitted online. We ask, if youre going to ask a question, identify yourself, and any appropriate affiliation. Lets get on with the program. The Brookings Institution and the governance studies program, of which i am part of. Im in the brook
Forced it out, and that ruined the Affordable Care act. Host apologies, try to find a better line and called in again. That does it for todays washington journal. Happening in washington right now, the chair of the federal trade commission and u. S. Assistant for antitrust are going to be discussing efforts to enforce competition in business. Live coverage here on cspan. Good, everybody, and welcome to those in person and those online and on cspan. Before i introduce our distinguished guest, i thought id give you a little sense of how we proposed to run the program today. Youre going to be 60 minutes of discussion among the three of us, then we will open up for 30 minutes of questions from the floor as well as questions submitted online. We do ask if you are going to ask a question, identify yourself and any appropriate affiliations. Lets get on with the program. The brookings institution, and the government studies program of which i am part. I am a visiting fellow here at brookings p
Greater philadelphia says the 7yearold bike lanes need to be repainted, but while it isnt clear who is at fault in todays case, the city should work to cordon off the bike lanes from traffic. Making them safer by being protected with either post and also making a raised plane. The city should be doing more to make biking the safer option. Do you feel safe on your bike . No, not at all. The truck driver did cooperate. Its not clear if he did anything wrong. At 5 00 tomorrow, theres going to be a individuvigil for the v here at this spot. Theres also bicyclists calling for more improvements. Youen cant even see. If you look on to the other side of the intersection. To more braking news, north korea fired a Ballistic Missile towards the sea of japan. This is video from past launches. Its believed to be an intercontinental Ballistic Missile and believed to have landed in the sea of japan. This is north koreas first Missile Launch in more than two years. President trump just spoke about the
Investigation. And researchers say muscle building may help you live longer but can you do that in just nine minutes a day . Dr. Jordan metzel will be in studio 57 with his new workout. But we begin this morning with a look at todays eye opener. Your world in 90 seconds. Everything went dark and stuff started flying around. Speem were screaming. I just grabbed on to the chair in front of me for tear life. The train was traveling at 80 Miles Per Hour in a 30mileperhour zone. Its actually a miracle considering when you look atz it it could have been much worse. The worlds Busiest Airport is slowly getting back on track. Travelers just desperate to get out of atlanta. Republicans may be just hours away from approving the tax overhaul. The house is expected to vote today followed by the senate. The president outlines the trum security strategy. We face rival powers, russia and china that seek to influence values and wealth. North korea was behind the virus which impacted computers around t