Which the fed describes as tight. Difficulty hiring should translate into wage and inflation pressures in the months ahead, but for now, only slight growth and price pressures. Moderately. Was up better than modestly in the 11 of 12 fed districts. Confidence to the borrow more. The beige book can be a bit of a sleeper, but two weeks away from the june fed decision, it takes on greater importance. Strong casemake a for a rate hike but does not take the fed off course, either. David i wanted to ask you what commentary there is on signs of inflation in the beige book today. Erik not much. That is the slight growth and price pressures. On the push aside, yet the tightening labor Market Conditions you have the tightening labor Market Conditions. Anecdotally, the fed does not report a lot of price pressure now, describing it as only slightly growing. David i want to turn to julie hyman. Julie not much more than a mess, no. Not seeing much difference from before. Stocks have been trading in a
September and be a systems is facing up to five hundred thirty job losses around march eighteenth but ba did get some good news this week when it was awarded a fourteen point one Million Dollar contract to repair the uss normandy regarding carl johnson told thirteen news now its good news for the port of norfolk we applaud the navys efforts we dont know what the impact will be but Virginia Ship Repair Association president bill crow warns there will likely still be some pain to come it looks as though theres still no possibility of of those layoffs. Senators warner and kaine in a joint response said these changes wont stop all the layoffs but they said they believe the navys action is a testament to the value of the Hampton Roads shipyards and world class Shipyard Workers reporting live by getting thirteen is now busted and charged with robbery happened Police Arrested forty five year old samuel smith last night a woman at gunpoint inside her house on michigan dr smith were told left w
Agent called. You got beijing. Thank you for joining us our top story at the sol you as Vice President joe biden has wrapped up his visit here to china and is now traveling to south korea buying is on a weeklong asian tour of japan china and south korea. During his meeting with chinese peasant eugene paying the exchange views on chinas recent announcement of its air Defense Identification Zone i report on call has been closely following this visit and has this report. Joe biden speaking the chinese call is filled with smiles and handshakes. But disagreements over chinas announcement of an air Defense Identification Zone are still widespread. Biden said he was very direct present she jumped in. Less firm than chinas recent and sudden announced the establishment of new air Defense Identification Zone has to state the obvious cause significant apprehension in the region see james dean calls for us to respect chinas core interests and says the two countries should maintain what he calls th
Bbc news. These the headlines. This is bbc news. These the headlines. Finance ministers with a rescue package for countries hit ha rd by rescue package for countries hit hard by the pandemic. In the United States government of the 6. 6 million workers have filed for unemployment. One in ten have not been laid off. Meanwhile in the epicentre of the outbreak in the us, 799 people have died in the past 2a hours in new york state. It is the highest daily toll since the outbreak began there. And very good spirits, the uk Prime Minister borisjohnson and very good spirits, the uk Prime Minister Boris Johnson is and very good spirits, the uk Prime Minister borisjohnson is out of intensive care and back on the ward at st. Thomas hospital. And uk police step up checks and of the easter weekend is the government says it is way too early to lift the lockdown. Those are the headlines on bbc news. Now, on bbc news. It is hard to talk. Hard talk. The coronavirus pandemic, isa hard talk. The coronavir
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