Reserve and other central bankers, academics, public and private Sector Economists and members of the news media for this annual gathering. As you well know, its been our custom for nearly four decades to welcome you to wyoming, served for the kansas city that. I look forward to return to the online format, senate expressing my gratitude for those who travel around the globe to attend for managing jet lag. Appreciation to those attempting to manage local. With the current time, ranging from 6 00 a. M. Thursday to 1 00 a. M. Friday. This year has been an extraordinary one for Monetary Policy and central banking. Issues with time including the level of Interest Rates the effects of heightened uncertainty and how to effectively communicate Monetary Policy have been amplified by the economic fallout of the pandemic. For more than a decade, it seems the central has been in the shadow of the Global Financial crisis. It may be that the pandemic stems even further. The truly extraordinary poli
A situation where some of them have been accused of misusing their offices in terms of the. Of those offices so and so forth. To trump state a promise to drain the swamp if you will i dont think you drained it i think you moved it into the white house so it ingrain a swamp and does move didnt. I think every politician has probably abused their office. Why dont we totally drain the swamp playing up. Why are we the people more actively involved. Major contributions so far has to completely devalue the idea of regulatory oversight. Department of education or scott pruitt. These people who are essentially trying to dismantle gun. Im an oversight from within the e. P. A. Is regulators people that have jumps on hundreds of thousands and then you add to it smudges live gambits like the tax cut like this recent Bank Lobbyist impartial repeal of the dot frank act theyve been on their wish list for ages the stuff of thousands tens of thousands of lobbyist essentially are writing the legislation
Couch the people built this cut at its the people who are making America Great again. The clintons and the obama was all oh they talked about families and children and justice and so on maintained these rights for corporations promoted the right of their companies to do whatever they want to around the world in a strange way it was those who might oppose trump right now who set the stage for him to be elected it was the very policies that hold out north america i mean we created huge pockets of poverty weve never had in 100 years the same difference between rich and poor the the class differences incredible they set the stage for a savior obama was supposed to be that savior and he wasnt and what happens after a savior fails you you look to something very different they set the table in my opinion for dont. Success do you find this contradictory in any way to the. A cabinet full of millionaires a situation where some of them have been accused of misusing their offices in terms of the u
Continues in solidarity. We will have the latest. Global stocks rally, and then filing just a little bit as we count down to jackson hole and the highly anticipated speech by the fed chair, jerome powell. Here is the state of play. European stocks a little bit lower, dragged down by rollsroyce, in particular, with record highs throughout the week. 68 basis points. We look at that later in the day, we might get more traction. Space, if you are looking for a quiet complex, it is the currency right now. The movement is contained, the dollar barely halting a loss. Wti, at the moment, just barely below the flat line. High, whereemonth they are looking out for live images from the area to get a better sense of the potential damage that might be inflicted. Morgan stanley says the extent of the impact on oil refining will be evolving in the coming weeks with the risk of higher or extended outages, mandatory evacuations in place in some of the coastal areas. You are looking at live pictures now
Theyve got their little click theyve got their thing. They dont care about anything else. And it doesnt matter democrat republican theyre all the same theyre all im sorry to use that language but. Theyre in there for one thing theyre in there to get elected. The reason Donald Trumps in there is because hes a celebrity or he did this or he did that he is in there because he is not one of them and we are so frustrated. We had to vote him in if donald trump goes away well find another trump believe me well find another one the people dreamed this couch the people built this country at its the people who are making America Great again. The clintons and the obamas all all they talked about families and children and justice and so on maintained these rights for corporations promoted the right of their companies to do whatever they want to around the world in a strange way it was those who might oppose trump right now. Who set the stage for him to be elected it was the very policies that hold