Thinking to buy assets below the deposit rate if thinking to buy assets below the deposit rate if needed, by bonds maturing in the one to 30 year range versus two, and the rates kept unchanged previously and downside information average at 1. 7 in 2019. So much to digest the markets like it, particularly the equity markets, rising for the fourth consecutive day, and led by [indiscernible] this highlights todays market in life that the initial reaction was the ecb tapering everyone, but the ecb did not use the word tapering. Mario draghi said later, and then the details came out. The ecb can buy bonds below the deposit rate, they can buy bonds in the one to 30 year range. That is why the euro is down by after initially rising by. 5 of 1 earlier. We rose to the highest in one month ahead of the meeting. The dollar,inst since falling to a mark lu on november 3. Adam this amort from pimco said it is essentially a rate cut today. Look at the reaction in the bond market. Interesting. The yie
You have key silhouettes not quite filled. We go to david lee outside the trump tower today. David, good morning to you. What do we know about these gentlemen . Reporter the headline, martha, the man chosen to the head the epa has a very long history opposing that agency. Scott pruitt is now the attorney general for the state of oklahoma. He has a lengthy history as a staunch defender of states rights. He also repeatedly challenged federal restrictions dealing with environmental issues. The Trump Transition Team cited pruitts role attacking epa what they describe the epas war on coal. But critics like vermont senator Bernie Sanders say pruitt is Climate Change denier and too closely denied to fossil fuel industry. Kellyanne conway, the Trump Transition Team spokeswoman, says pruitt is the right person for the job. Naysayers and critics and so we know some people are still running a permanent campaign. Attorney general pruitt has great qualifications and a good record as the ag of oklah
Spotty showers. Mike . By opening the weather end we have had. 75 at sfo so we have arrival delays of an hour. I have downgraded the storm impact scale ranked from 1 light to 5 severe. We expected heavy rain to fall overnight. It did. Now it will be onandoff drizzle and light rain today through tomorrow keep the streets wet but not causing flooding. You can see the moist flow from the west on live doppler hd in places like san rafael. The north by. Close are to the coast, drizzle for 36 hours and the rest of us is waves of light showers including. 25 in san rafael. It will transition to scattered showers this evening. Take an umbrella and patience. Alexis has an update on the issues in the south bay. This is from a couple of hours ago on the express way in campbell area. This is at west example avenue a fatal crash unfortunately. The entire northbound side was shut down for a couple of hours. Along with a lane on the southbound side. The lanes are back open. With the exception when lan
Go through today, so well be tracking that. This is the issue for 280 northbound. We have two issues for northbound 280, the bigger one at geneva. Well show you the wet roadways. Slowing through hayward through southbound 880. Both those areas right on schedule. Much slower than youd expect north from daly city in towards San Francisco. In the backup an earlier crash caused more slowing. Slick roadways are an issue. A number of spinouts reported this morning, two over here in san mateo. We have the southbound side at poplar thats completely clear. Northbound we had the crash clear at kehoe. That blends with the morning traffic starting to build through san mateo. Burlingame, slick conditions. Rick boone is out there off the eastshore freeway. Rick, what do you have for those conditions . Reporter right now on 101 north, were here at sfo, decided to get off the highway for just a second. If youre taking a flight, get out here early. This may be a normal thing when you have to take a fli
Go through today, so well be tracking that. This is the issue for 280 northbound. We have two issues for northbound 280, the bigger one at geneva. Well show you the wet roadways. Slowing through hayward through southbound 880. Both those areas right on schedule. Much slower than youd expect north from daly city in towards San Francisco. In the backup an earlier crash caused more slowing. Slick roadways are an issue. A number of spinouts reported this morning, two over here in san mateo. We have the southbound side at poplar thats completely clear. Northbound we had the crash clear at kehoe. That blends with the morning traffic starting to build through san mateo. Burlingame, slick conditions. Rick boone is out there off the eastshore freeway. Rick, what do you have for those conditions . Reporter right now on 101 north, were here at sfo, decided to get off the highway for just a second. If youre taking a flight, get out here early. This may be a normal thing when you have to take a fli