Run with a packed show today so lets dive right in. And we need the program with the latest policy update from the Federal Reserves federal open Market Committee as expected fed chair drone powell announce Interest Rates will hold near 0 through 2022 but the real question has been what action will the fed take moving forward. Since march weve been purchasing sizable quantities of treasury and Agency Mortgage backed securities you know or to support the smooth functioning of these markets which are vital to the flow of credit in the economy. Our ongoing purchases have helped to restore the Market Conditions and have fostered more accommodative financial conditions as market functioning has improved since the strains experienced in march we have gradually reduced the pace of these purchases to sustain smooth market functioning and thereby foster the effective transmission of Monetary Policy to broader financial conditions we will can increase our holdings of treasury and Agency Mortgage
Is good but the one business show you cant afford to miss im going to bore in washington coming up the fed is decided to keep rates steady in the midst of the coronavirus devastation we bring you inside or inside on the decision and what lies ahead for the u. S. Central bank clutched at the Federal Reserve has propped up markets in the u. S. It is posed an interesting issue for a major debt holder china and later the race is on for the head of the World Trade Organization and the European Union is weighing in we bring you the latest on the run with a packed show today so lets dive right in. And we lead the program with the latest policy update from the Federal Reserves federal open Market Committee as expected fed chair Jerome Powell and now its Interest Rates will hold near 0 through 2022 but the real question has been what action will the fed take moving forward. Since march weve been purchasing sizable quantities of treasury and Agency Mortgage backed securities you know to support
I have any i can look into the stream the home edition it is a show that is produced on the lockdown conditions and we focus on lockdown life around the well this is an Election Year in the United States this is also the coronavirus pandemic however republicans and democrats adapting for an election that will probably have to be socially distance that is a question that were going to be unpacking today if you have questions and thoughts and experiences and ideas would love you to share them with us the you chicha is open jump in 8 and you may well be in the street that means the expert panel hello there daniel tell everybody you are. Hi im daniel marrons im a reporter for of overstudy cover the Democratic Party and progressive movements and i listen ways did work as a correspondent for the aljazeera series fall and swear i looked at the divide in the Democratic Party its good to have you done you know and i know a welcome to the strain tell everybody. Right there i know well mick corne
Krone virus has infected more than 2400000 people globally its taken more than 160000 lives while some countries are seeing a flattening curve others are still seeing a surge in new cases coppa 19 has infected more than 766000 americans while deaths in the u. S. Have top 40000 new york state which is finally seeing a drop in new cases announced that its going to begin aggressive statewide Antibody Testing this week protests continue across the u. S. Over shelter in place orders amid pressure on governors to reopen local economies at sundays briefing president said that hell use the defense production act to increase manufacturing of testing swabs while working with governors to reopen their economies over the governors doing a better job than others. The robust capacity that weve brought online will empower governors to deploy sophisticated strategies so they can safely reopen their states. Some people believe in test play and other people believe in it less strongly but still its a ve
The crown a virus has infected more than 2400000 people globally its taken more than 160000 lives while some countries are seeing a flattening curve others are still seeing a surge in new cases coppa 19 has infected more than 766000 americans while thats in the u. S. Have topped 40000 new york state which is finally seeing a drop in new cases announced that its going to begin aggressive statewide Antibody Testing this week protests continue across the u. S. Over shelter in place orders amid pressure on governors to reopen local economies at sundays briefing president said that hell use the defense production act to increase manufacturing of testing swabs while working with governors to reopen their economies with the governors doing a better job than others. The robust capacity that weve brought online will empower governors to deploy sophisticated strategies so they can safely reopen their states. Some people believe in test. And other people believe in it less strongly but still its