Policymakers are focused on meeting inflation goals adding it is essential that we at the fed use our tools to make sure that we do not permit an unhealthy downward drift in Inflation Expectations and inflation we are strongly committed to symmetrically and substantially achieving our 2 Percent Inflation objective so that in making long term plans households and businesses can reasonably expect 2 Percent Inflation over time pauls comments come just 2 weeks before the next pred policy meeting which takes place december 10th and 11th now kristie i wanted to ask you the question why is this 2 percent Interest Rate so important Federal Reserve chairman jerome paul so 6 essentially the fed was created with 2 mandates they have to do a man is which is one to maximize employment and the 2nd one is to stabilize prices for consumers for businesses so that as i 5 said that these guys they can expect what what they need to spend in the coming year. So by setting an inflation goal of 2 percent is
Yes. Im jamie colby, and today im strolling along the swanky streets of the Upper East Side of manhattan. The heir in this story reached out to us just a short time after her husband died. She wanted to talk about her strange inheritance, which she tells me takes up an entire room in her home. My name is carole postal, and less than one year ago, i lost my beloved husband, bob. He left me nearly 10,000 toy soldiers, which he called the guys. A whole room on the Upper East Side im hoping its shoes. Uh, not quite. No way. Its not shoes. Its soldiers . Across glass shelves, the tiny troops stand shoulder to shoulder, ready for battle. Lets see. Theres george washington. Generals robert e. Lee and ulysses s. Grant. Not to mention ancient and medieval warriors. A history of world combat in one jampacked man cave. Your husband mustve spent a lot of time putting this together. Lovingly, over 40 years. Its really magnificent. I really did need to see this. You were right to get in touch with u
Statecraft. You heard of great praise. There is nothing you can do about having a 20 or 22yearold body, but there is no excuse for not having a 5000yearold mind. It is at your fingertips. But let us continue to look back so that we can see forward. Im pleased to introduce you pat lock, who will moderate the next panel. Locke is the first African American woman to graduate from the United States naval academy, in 1980. She will bring forth a group of women that have an unheard story, Unsung Heroes that played an Important Role in american s history. I am pleased to introduce pat locke. Major locke good morning, everyone. Good morning. Major locke i know i have a lot of friends at the naval academy, but i am not the first african woman to graduate from the naval academy. I am the first African American woman to graduate from the United States military academy. So i just wanted you all to have that as an admin correction. So, with that, i would like to say that i am honored to be in the p
The prime minister, winston churchill, replied, study history. Study history. In it lie all the secrets of statecraft. You heard of great praise. There is nothing you can do about having a 20 or 22yearold body, but there is no excuse for not having a 5000yearold mind. It is at your fingertips. But let us continue to look back so that we can see forward. Im pleased to introduce you pat lock, who will moderate the next panel. Locke is the first African American woman to graduate from the United States naval academy, in 1980. She will bring forth a group of women that have an unheard story, Unsung Heroes that played an Important Role in americas history. I am pleased to introduce pat locke. [applause] major locke good morning, everyone. Good morning. Major locke i know i have a lot of friends at the naval academy, but i am not the first african woman to graduate from the naval academy. I am the first African American woman to graduate from the United States military academy. So i just wan
That in making long term plans households and businesses can reasonably expect 2 Percent Inflation over time pauls comments come just 2 weeks before the next fed policy meeting which takes place december 10th and 11th now kristie i wanted to ask you the question why is this 2 percent Interest Rate so important a Federal Reserve chairman so essentially the fed was created with 2 mandates they have to go a man is which is one to maximize employment and the 2nd one is to stabilize prices for consumers for businesses so that as i 6 said that these guys they can expect what what they need to spend in the coming year so by setting an inflation goal of 2 percent is actually the normalized rate of the United States since 1905 and so since they formalize that rate in 2017 that has been the goal of the fed ever since and now weve also you know like i said hes not looking at more fed cuts here but we did do 3 over the last 6 months or so have they worked for. Economy they have worked on an artifi