Reporter through 2022 the Federal Reserve keeping rates near the zero mark. Gdp growth for the fed shows a loss of 6 1 2 this year but bouncing back 5 1 2 growth for inflation. Fed predicts inflation under 1 1 2 for the year 2020. Not reaching 2 target goal for the end of 2022. For the Federal Reserve, federal federal funds rate going nowhere. Listen. Were not thinking about raising rates. Were not even thinking about thinking about raising rates. Were providing for the r support for the economy. We think this will take time. Reporter Federal Reserve chairman Jerome Powell says their goal is to get back to the record low unemployment, and inflation back to the 2 target line. They hinted they may let the economy run hot to reach those goals. He says record drop in Second Quarter growth but a bounceback towards the end of the year on unemployment. He says we may have seen the bottom. Listen. The labor market may have hit bottom in may. We dont know that. Were going to see. And you know,
Including some turtles. Thats right. Your tax dollars actually paid for a study that put turtles on treadmills. So here we have our turtles on a treadmill. To no ones surprise, it turns out that turtles are really, really slow. Okay. Thats what our tax dollars went to. In fact, this wasteful study found that turtles moved at nearly the same pace as dead turtles on a treadmill. Arent you glad that washington bureaucrats used your hard earned dollars to conduct this study . Good grief, folks. Now how many of your tax dollars went to this study exactly . Well, folks, your guess is actually as good as mine because there is no legal obligation for most federal agencies to publicly disclose the price of government projects even though the american taxpayers are paying for them. Folks, this is your money, your money. So shouldnt you have a right to know how it is being spent . Its been said before, and i sure believe it, government functions best when it operates in the open. This is the basi
Out on tuesday. This is about a topic which is relevant and important but as the authors discussed under studied and underemphasized. I dont want to waste too much time with a big long intro but i will have an intro to highlight the work of luna next to me whos been doing really fantastic reporting for the wall street journal and im going to quote from one of her stories this year because it sets us up nicely. A piece coauthored with him, they are increasingly recruiting intelligent officers as a campaign to shake loose government secrets, current and u. S. Officials say china has grown older and more successful in traditional spy cams including targeting less conventional recruits and she quote the infamous statement by crystal ray, the fbi that no country poses a threat than china. They are doing it through chinese Intelligence Services, through extensively private companies, through graduate students and researchers all working on behalf of china and finally, this is one of my favor
Continue in dozens of being killed in wildfires. And china is government is accused of neglecting homes and businesses and normally pay by problems to prevent lung damage in the capital. And on piece of same it will be a sport we count down to the womens world cup cold of finals plus talk to him, agree a deal to solving and kept him to buy munich. But his hair retained able to say good bye to the so were going to begin this new guy with breaking news. 5 us citizens have be moved from i know rainy and prism to house arrest as part of a deal between the us and the wrong name. Food airlines longer serving american presidency, american democracy, he was charged in 2015 for quote, having relations with a hostile state. Its the initial part of an agreement involving the eventual release of millions of dollars of iranian funds, frozen inside of korea. Now weve got 3 correspondence covering the story of the United Nations to find and washington d. C. Lets go 1st to rosalind jordan in washingto
At 6 30 p. M. Eastern, New York University professor shares her book my hijacking where she recounts being taken as a 12yearold in 1970 by a Palestinian Resistance group during a flight from israel to new york city. Then at 8 00 p. M. Eastern, a founder argues that america is a more progressive country and offers his thoughts on how to advance a liberal agenda with his book justice is coming. Watch book tv every sunday on cspan 2. Find a full schedule on your Program Guide or watch online any time at book tv. Org. Defense policy experts and former government Officials Join the Atlantic Council for discussions on the United States Nuclear Strategy and the challenges posed by china and russia. Good afternoon. Welcome to the Atlantic Council for todays event, a strategic posture for a new era introducing the Congressional Strategic Posture Commission report. Im Vice President at the Atlantic Council and senior director of the councils for strategy and security. This comes at a time of sig