Context of maximum employment. Given the highly uncertain nature of the outlook, one might ask, why not hold off raising the federal funds rate until the economy has reached full employment and inflation is actually back at 2 . The difficulty with this strategy is that Monetary Policy affects real activity and inflation with a substantial lag. Were to delay the start of the policy normalization process for too long, we would likely in that having to tighten policy relatively abruptly to keep the economy from significantly overshooting both of our goals. And an abrupt tightening perhaps inadvertently pushing the economy into recession. In addition, continuing to hold shortterm Interest Rates near zero will after real activity has returned to normal and headwinds of faded could encourage excessive leverage in other forms of inappropriate risk taking that might undermine financial stability. For these reasons, the more prudent strategy is to begin tightening in a timely fashion and at a g
Pontifical north American College in rome. President and editor in chief of catholic we weekly. I am pleased to have all of them on what i thought was a remarkably exciting day, and perhaps a historic day. Visit as you this have witnessed it through cuba and america. What struck me immediately was how determined he was to go through everything the way he wanted to. There were a lot of expectations ,nd hopes, especially in cuba and his plan was to get in there churchs agenda. Peoplet do the things thought he ought to do, meeting with prisoners, meeting with poor people. He shied away from the dissident issue, but got what he wanted. Cubans where they want him. They need him and are using him too. To come here and speak english at the white house, the way he spoke and enunciated made the point more definitively, emotive lee, than he could have ever done through a translator. It wasnt easy for him. This is his fourth language. He has been studying to do that. Actually,it combative no stag
He is focused on National Politics and takes trips to various places and espouses a Progressive Movement. And a lot of other people think hes got to focus on the daytoday workings of this city. Rose the pope visits america, ray kelly looks back at police work. Next. Funding for charlie rose is rose funding for charlie rose has been provided by american express. Rose additional funding provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Pope francis arrived for his highly anticipated visit in washington on tuesday. He met with president obama at the white house this morning. They addressed a crowd of more than 11,000 people on the white house lawn. The pope appealed for action on Climate Change calling it a critical moment in history. Hear to talk were this trip, the pope and the president s day is allen pizzey the cbs news rome correspondent,
He is focused on National Politics and takes trips to various places and espouses a Progressive Movement. And a lot of other people think hes got to focus on the daytoday workings of this city. Rose the pope visits america, ray kelly looks back at police work. Next. Funding for charlie rose is rose funding for charlie rose has been provided by american express. Rose additional funding provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Pope francis arrived for his highly anticipated visit in washington on tuesday. He met with president obama at the white house this morning. They addressed a crowd of more than 11,000 people on the white house lawn. The pope appealed for action on Climate Change calling it a critical moment in history. Hear to talk were this trip, the pope and the president s day is allen pizzey the cbs news rome correspondent,
Lissowitz. Officer to bee killed by gunfire in the line of duty this year. We open up our phone lines to hear your thoughts on the shooting yesterday in the 24 deaths. What is behind it, what can be done. Here is how to join the conversation. 7488000 is the number for democrats. Republicans, 2027488001. 488002. Rs, 2027 we will set aside a line for Law Enforcement and that line is 2027488003. Facebook. Com cspan. Send us a tweet cspanwj. Or an email. We will get to your comments momentarily. Here is how folks in the chicagoland area are reading about it this morning. Chicago suntimes in their front ise this morning cops cop murder. The killing of a veteran nearing retirement sparks a manhunt for three suspects. The Chicago Tribune this morning. Hunt is on for officers killing. Massive search for three suspects. Scoresite as night fell of police were continued to search for three people believed the few for fatally shooting a Police Lieutenant tuesday while residents of the small villag