Somewhat below 2 . The fed does maintain gradually rising rates. This should be anywhere between the 2 that, two rate increases that some fed Bank President s have been calling for like harker out of philadelphia to as many as four this year which some economists are saying could happen. The dot plot in december said we would have three. The fed also reaffirmed its 2 target rate knits annual statement. Jay powell will become the new chairman effective february 3, sworn in monday at 9 00 a. M. , trish. Trish thank you, adam. Joining me for reaction barrons Senior Reporter and gary kaltbaum, kaltbaum capital management. Gary, people were concerned Interest Rates move higher but shouldnt they . If youre in a better economy shouldnt we have threat of higher Interest Rates some point on the horizon . Isnt that normal . I have been saying for years the fed is insane the we have 4 unemployment. Gdp in the threes. Economy that is strong and fed fund should be in the 3s if not now, not higher.
Appeared to drift off the tracks. Others said it did not look very serious up front. There is no way to tell at this point. Or just who might have been taken to area hospitals here. But this truck, apparently stuck on the tracks, and this annual retreat republicans have is still scheduled to go on. Connell mcshane has a little bit more for us, connell. What can you tell us. Most of the information, neil, were getting is tweets sent out from members of the house on that particular train. I know our fox colleague, mike emanuel, reported moments ago, to your point, that Speaker Paul Ryan was among those on the train and that speaker ryan was not injured. The concern seem to be for the drivers of the truck itself, that apparently got stuck on the tracks. Were awaiting confirmation as to the drivers or passenger of that truck whether theyre okay. Most of the tweets coming in from various members. Senator James Lankford is example of that our retreat heading to retreat in begin i cant were i
By adam weaver. If you look at the papers this morning, this is from the wall street journal, that the president is expected to soften the tone on the speech as far as tomorrows presentation. Darlene, what do we get a sense as far as tone eating into the speech tomorrow . Guest 1 the white house has said he is going to speak in more optimistic tones tomorrow. Contrast that with the inauguration speech he gave a year ago when he talked about american carnage and painted this very dark picture of the United States of america. He is looking to do a little bit of the opposite and be softer, more optimistic, more hopeful in talking about immigration and some of the other issues that we are going to hear him speak about. Eaver, not only will he address america, but the members of congress, what is he trying to sell to them on both sides . Guest 2 a couple of things. The white house has been talking about an infrastructure deal. They wrote out this 1. 7 trillion figure the other day that they
The week ahead with arlene super bowl and out weaver. Nina olsonadvocate talks about the new tax law and its implementation at the irs. Host the u. S. Capital, the site of President Trump us first u. S. State of the union, in which he is expected to take credit for the growing u. S. Economy and make a pitch for infrastructure funding. You can watch cspans coverage starting at 8 00 tomorrow night and you can go to www. Cspan. Org for more information. This is the washington journal 29th. Nuary immigration is the topic. Rate your partys efforts on immigration. Could be the debate on daca, dreamers, security policy, or some other aspect. Halfhour, we will hear from republicans only. Dont worry, democrats, we will get you in the second half hour. You support the president s plan on daca, 202 7488000. If you oppose that plan, 202 7488001. If you want to make your thoughts known on twitter, you can do so at cspanwj. Wait to hear from the party cost republicans, with a couple of things to sho
Operator. Enjoy the rest of your day. [captions Copyright National cable satellite corp. 2015] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] coming up later today a discussion on the outlook for consumers and patients in the health care market. Well hear about the plans that are available. The event is hosted by the alliance for health reform. It begins noon eastern on cspan3. The annual summer meeting of the National Governors association with the opening session with remarks from john hickenlooper, and gary herbert, device chair. That starts at 12 45 eastern. On cspan3 a briefing with the latest update on the new Horizons Mission to pluto. We will hear a discussion on the latest results from the spacecrafts flight past pluto. That breathing starts live at 2;00 eastern. And now remarks from loretta lynch. She spoke at the National Black Prosecutors Association earlier this week and was honored