Changed by that. Index fort 1. 9 bce 2018, hits the target of 2 in 2020. It doesnt change Interest Rates, the dot plot stays about the same and the median forecast consensus of three may removes next year and two and 2019. Rate ofange terminal 2. 8 . As for todays decision, the members decided an economy growing at a solid pace with solid job growth, as you average through the hurricane related fluctuations. As the forecast shows, they do expect inflation to pick up, though as they said in september and in november, their monitoring inflation developments closely. Instead of expecting it to continue to strengthen somewhat further, the field linguist. The new language expects the labor market to remain strong. Perhaps a little bit of a downgrade in terms of monthly job growth ahead. Dissents, the first time that weve seen dissents in favor of loser policy. The First Time Since 1983. What to make of it all . Not too much. This possibly we will have four new bank policy numbers. They rota
Low. And its projected as the population continues to age in the baby boomers retire that that ratio will continue to rise in an unsustainable fashion. So, the addition to the debt taking what is already a significant problem and making it worse is it is of concern to me, and i think it does suggest that in some future downturn, which could occur just for whatever reason, the amount of fiscal space that would exist for fiscal policy to play an active role it will be limited, it may well be limited. Sam fleming with the financial times. Couple of longer term questions, first of all, midway through the year, hot weather inflation targets might need to be raised. Obviously been a lot more debate and have had systems since then about this it may not be an imminent issue, it may be something the feds may be discussing over the coming years. Some sort of change to the inflation target second of all, the amount of stimulus tools that the fed may have at its expo sal are fairly limited. One of
Role of satire and politics and how he became known as the egyptian jon stewart. [inaudible] you guys are doing great. I like to send a special thank you to the nca for hosting us into ink factory for creating notes of todays conversation. Before we began were pleased to share it trailer with you, the documenter that chronicles the satirical new show in egypt. Thank you. [applause] protest on the streets in nature. Protesters enforced. For the 1200 people have di died. 30 Million Viewers. Some of the same things. I think it is very brave of him. Its a popular television. Theres same he has consulted the president. The comedian would be a wanted man is an astonishing thing. It doesnt get me into the kind of trouble he gets you into. [inaudible] [inaudible] its a very critical moment. You wait for something to happen this show is about Holding Authority accountable regardless of who is in charge. Ladies and gentlemen, please welcome cofounder of medicine roles media that comedian and tv
Role of satire and politics and how he became known as the egyptian jon stewart. [inaudible] you guys are doing great. I like to send a special thank you to the nca for hosting us into ink factory for creating notes of todays conversation. Before we began were pleased to share it trailer with you, the documenter that chronicles the satirical new show in egypt. Thank you. [applause] protest on the streets in nature. Protesters enforced. For the 1200 people have di died. 30 Million Viewers. Some of the same things. I think it is very brave of him. Its a popular television. Theres same he has consulted the president. The comedian would be a wanted man is an astonishing thing. It doesnt get me into the kind of trouble he gets you into. [inaudible] [inaudible] its a very critical moment. You wait for something to happen this show is about Holding Authority accountable regardless of who is in charge. Ladies and gentlemen, please welcome cofounder of medicine roles media that comedian and tv
A busy day in washington plus, the president is abroad, hes in paris for his third foreign trip were going to hear from him multiple times in the next few hour what retail pain target boosts its outlook as traffics improving. And a live and exclusive interview with the cbs chairman and ceo, Leslie Moonves in the next few minutes busy day on capitol hill fed chair yellen returns for a second day of testimony, later in this hour, this time before Senate Banking her comments on rates sparked the dows rally to that record high also this morning, Senate Republicans set to unveil their revised Health Care Bill, and the cbo will release its analysis of the president s fiscal 18 budget. Some questions about whether or not the House Freedom caucus is going to vote for this, unless there are specifics on Corporate Tax rates and more well, look, i still think that its interesting that the fed comes to capitol hill and the second comes were looking at the data, we may do this, do the right thing i