So no, we are not at the reversal rate, and we are certainly not at the lower bound rate. If in the future it is necessary for the purpose of dealing with the risks at the time to address that, we will do so. Point, i think ive dealt extensively with these issue limits. All i have to say at the moment is that we will use all excess abilities in the framework of our Asset Purchase Program. There in mind, by the way bear in mind, by the way, to this person on the line, that we are likely to see increased debt issuance on the part of a few countries, if only to deal with the fiscal resources, but they will have to mobilize in order to put in place the Health Care System that will be needed to respond to the spreading of the disease. That is also a factor to have in mind. Let me ask you a question about the timing of your decisions. When did you realize that this situation is getting out of control and you need to come up why did youge, and not act directly after the first g7 call . Where
Markets could hit that Circuit Breaker limit. It is incredible when we think about the volatility. It doesnt seem like the Federal Reserves jay powell has calms kets by any has combed has calmed markets by any means. Francine lets get straight to the bloomberg first word news in new york city with viviana hurtado. Viviana we begin with the most extreme effort yet to slow the march of the coronavirus in the United States. The cdc recommending events of 50 people or more not be held for two months sports, weddings, parades, concerts. All of these are on a twoavoid list. The economic slump in china is worse than analysts feared be the coronavirus leading to factories, shops, restaurants enclosed across the nation. Industrial outlets plunging 2. 5 . Retail sales were down more than 20 . Now the first oneonone debate between president ial hopefuls joe biden and Bernie Sanders. They sparred on ideological lines over how the government should respond to the coronaVirus Outbreak. Mr. Sanders s
Hitting the alltime record high on february 12th and the definition of a bear market is 20 lower than the recent highs. The markets tumbling just as President Trump is expected to meet with some of the biggest banking ceos in the world to find out how stable the Financial Market system is and what to do to keep it there. We are still waiting on word but if cameras are allowed in the room we are going to take you there and hear what they all say. This as the battle against the deadly coronavirus pandemic moves into a new phase, as National Guard troops get set to sweep into the hot zone in new rochelle, new york. And as businesses and colleges close their doors, Microsoft Teams is swinging to their digital defense, with a suite of Software Products to help those working from home or moving to online learning. I know a lot of you were experiencing that or your kids are. Countdown has a lineup of power players to tackle all these topics. Steeple chairman and ceo ron krusz kruszewski on th
About congressional operations during the coronavirus outbreak. Also, cq roll calls jennifer the coronavirus. Host President Trump signed the second of likely to be three coronavirus aid packages passed by congress, the third topping 1 trillion will get initial consideration in the u. S. Senate. Good morning and welcome to washington journal for this thursday. We continue our conversation hearing from you about the governments response to the. Oronavirus pandemic your lines are the same they have been the last couple days. Mountain and pacific, 2027488001. And medical professionals, 2027488002. You can send us a text. That is 2027488003. Make sure you tell us your name and where you are texting from. On twitter we are cspanwj and it is facebook. Com cspan for your posts. Legislation passing in the senate 908 yesterday afternoon and quickly down to the white house. This is the reporting of usa today with the headline in the papers. A measure to ensure paid sick leave to ensure testing f
2020, brought to you as a Public Service by your television provider. Now defense secretary mark esper and joint chiefs of chair general mark milley days after the u. S. And taliban signed a withdrawal from afghanistan. Impact o addressed the of the coronavirus on the military. This is just over 20 minutes. Secretary esper ok. Good morning, everyone. As you know we have a busy week here at the pentagon. D. O. D. Leadership will be testifying in 20 hearings before congress in the coming days as continue to brief the hill on the departments f. Y. 2021 budget request. As you know, i was in afghanistan on saturday with president ghani and nato secretary stoltenberg where we announced a joint declaration on bringing peace to afghanistan which reaffirms United Statess partnership with the government of afghanistan. This was an important first step toward a political solution to end the war in afghanistan. As i reiterated to our afghan partners, this is a conditionsbased agreement. A conditio