Kansas citys economic symposium titled, navigating the decade ahead. Implications for Monetary Policy. Name is esther george, president of the kansas city fed. Im pleased to be joined by Federal Reserve chairman jay powell as well as many of my colleagues from the Federal Reserve and by other central bankers, academics, public and private Sector Economists and members of the news media. Foras been our custom nearly four decades to welcome you to beautiful jackson hole, wyoming, part of the region served by the kansas city fed. Returning forward to to that setting next year. Format, instead of expressing my gratitude to those who travel around the globe to attend the symposium while managing jet lag, i will offer my appreciation to those attempting to manage local time zone where the current time now ranges 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. Many of the issues that weve talked about for some tim
Laura. Jim, one of those every now and then we get a day that is truly consequential and that certainly fits at least the expectations for powells speech. I wish that we hadnt come in so hot when you have a company that gains 50 billion in one day, salesforce, when you have a tremendous number of nasdaq stocks that have just kind of out of control to the upside you dont want to have anything that could disrupt that i think its heightened, im glad were covering every minute of t david, you know that this is a day that we would normally be talking about abbott labs and talking about the mysterious tiktok mayor issue which are both huge stories but we have to defer to jay powell. We do we have to defer to powell we have to continue to understand what the fed Balance Sheet will look like with that 3 trillion thats been added to it which is a staggering sum, guys jim, your point is well taken. Yesterday salesforce i have rarely seen anything like that move, yes, they were extraordinarily st
Salvaging words have a they can severe flooding in sudans capital as the river now reaches unprecedented levels. And a minimum wage is among sweeping labor reforms and qatar in the lead up to her sing the next football while. Im lee well in the sports news is leno must see finals to show off. His preseason country testing and the formula one is close you know Michael Schumacher as we were going to after victory at the belgian. Protesters have ignored warnings turning out in force to keep up the pressure on bella rufuss president to step down 3 weeks now after disputed elections and now the mass rally has taken place despite the government saying its illegal and police have detained at least 125. 00 people in the capital minsk some of those early arrests were in and around Independence Square now reports from the scene say Security Forces cordoned off the area and pushed back peaceful demonstrators president Alexander Lucas and his rivals fight on a dick out of sky says its more evidenc
A small scale coronavirus outbreak amongst children is becoming a big concern for doctors in peru. And expressing deep remorse japan pledges never to repeat the tragedy of conflict as it marks 75 years since the end of the 2nd world war. Im joining us roscoe with the sports including. Barcelona big after the biggest loss in europe as by munich thrash them 82 in the Champions League quarterfinals. A day of mourning and memorial in belarus is turning into a day of mass protest and even louder demands for political change thouse. Have come out in the capital minsk as the funeral is held for a man who was killed during election protests earlier this week and just in the past hour president lukashenko has made it very clear that he does not intend to step down well it has just gone 1 pm in minsk and take a look at this is the scene in the center of the city large crowds have gathered at the spot where alexander tartakovsky was killed his funeral is being held just a short distance away regu
Missed why the u. S. Postal service is warning every state that it could fail to deliver in time for the president ial election. And expressing deep remorse japan pledges never to repeat the tragedy of conflict as it marks 75 years since the end of the 2nd world war. Im going to go with the sports including. After that biggest loss in europe is by i mean it thrashed them 82 in the Champions League quarterfinals. A day of mourning and memorial and batteries has turned into a day of mass protest and even louder demands for but. Change thousands have gathered in the capital minsk the funeral is held for a man who was killed during protests over the disputed president ial election regular chants of leave aimed at president Alexander Lukashenko echoed around the square at the same time youre saying that has made it clear he does not intend to step down and has also spoken to the russian president seeking support. When our correspondents to vasant joins us now live from minsk step weve been