Point six cut and i think it supports a 25 point cut next week. A ~ ,. Supports a 25 point cut next week. ~ ,. , , week. Markets have been volatile week. Markets have been volatile. Will week. Markets have been volatile. Will an week. Markets have been volatile. Will an interest | week. Markets have been i volatile. Will an interest rate cuts stabilise things? cuts stabilise things? since the beginning cuts stabilise things? since the beginning of cuts stabilise things? since the beginning of this cuts stabilise things? since the beginning of this year | cuts stabilise things? since the beginning of this year i | the beginning of this year i think what it will require is coming a financial market and it needs stabilisation in the us labour market and easing of policy and uncertainty around the us presidential election. Run sweet speaking with me a little earlier. Speaking of the us presidential debate, shares in trump media slumped on us markets. It runs the former president tr
Point cut and i think it supports a 25 point cut next week. Did you see any potential policy shifts at the debate? they had a lot of political rhetoric but not a lot of policy information. We already know were both candidates stand on addressing inflation. We ran a number of scenarios through our models to gauge what the inflationary implications are for each of the candidate policies ranging from trade, immigration, taxes and generally form a president trump would be more inflationary than vice president harris because of the tariffs which are inflationary. On top of that stricter immigration leads to tighter labour markets and stronger nominal wage growth in the united states which by extension would raise inflation a little bit. Not a lot of new information last night, just that the political focuses bringing inflation down but the policies the next few years say otherwise. Markets have been volatile. Will an interest rate cuts stabilise things? since the beginning of this year i |
That. Rate cut next week. Everyone seems to be talking about inflation because of the us president ial debate, if you watch that, did you see the potential Policy Shifts based on the candidate s . Mat on the Candidate S . Not reall , on the Candidate S . Not really. They on the Candidate S . Not really, they had on the Candidate S . Not really, they had a on the Candidate S . Not really, they had a lot on the Candidate S . Not really, they had a lot of| really, they had a lot of political rhetoric but not a lot of policy information. We already kind of know where both candidates stand on addressing inflation, i would candidates stand on addressing inflation, Iwould Run candidates stand on addressing inflation, i would run a candidates stand on addressing inflation, Iwould Run a number of scenarios through our macro model to kind of gauge what the inflationary implications are ranging from trade, government spending, taxes, generally, former President Trump would be more inflationary t
3, 2, 1. This hearing will now come to order. Is in a hybrid format and the hearing room has been configured to maintain the recommended six foot social distancing between senators, witnesses and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. , a those joining remotely few videoconferencing reminders which you should be familiar with at this point. Once you start speaking, there will be a slight delay before your display on the screen. To minimize background noise, click the mute button until it is returned to speak or ask questions. Issue,e is a technology we will move to the next senator until it is resolved. I remind senators and our witnesses the fiveminute clock still applies. Those remote should have on your screen one of the boxes labeled clock which will show how much time is remaining. Weve had some trouble getting those boxes to everyone screen or at least getting everybody to be able to find them and follow them. We are going
Advisory. For the bay bridge that chp issued a really early this morning, it still stands. But the good news is not a lot of traffic in your way though if you are going to be heading into downtown San Francisco. In fact a look at the drive time much improved as we kick off this 9 oclock hour 10 minutes for your westbound 80 drive out of the macarthur maze across the upper deck and into downtown to the fremont street accident. The san mateo bridge improving here as less folks on the roads and that we saw the last hour a 13 minute drive time. No issues on the flat section the high rise looks good and its going to be a a really nice drive off or youre westbound 92 right over to that 1, 1, connector in foster city. Ill check the richmond sandra fell bridge and the golden gate in just a couple minutes back to the news. Thanks a lot 9 oh one the big story most of the bay area is going into big lockdown tonight you can see San Francisco contra costa alameda and santa clara counties. Those all