Welcome to the program, everybody. You are watching countdown. London. 00 here in good morning. Stocks in the u. S. Rallying after the latest minutes from the Federal Reserve revealing the central bank will continue to keep Interest Rates low for a considerable time. For more, we are joined by christian scholz. The Market Reaction says low means low for longer. The balance is very much on the Residential Market and the european issues. There is plenty of Downside Risks which the fed will obviously way once they start answering that considerable time between that and the first rate hike. Watch here is that this came before the latest big decline in the unemployment rate. They already had discussion about whether there was significant slack in the economy or whether there wasnt and the latest decline may change the guidance as early as the october meeting. There may be changes in store. The considerable time language may still digress. They may be stretching wheniderable time unemploymen
States . Yes. Yes. Yes. Im afraid. A couple of days ago we had all of our computer models running. The Hurricane Center does. Ten of them turning the storm out into the ocean. One model turning it back up toward new york city. We went, wow. 101. Lets probably think the ten is right. Not. It just hasnt been how it happened. All these other molgzs are turning the storm become to the us. Anywhere from canada to washington d. C. Not just new york city. This thing could make landfall. We wouldnt want any type of a landfall at 70 or 80 miles per hour. Anywhere from d. C. To massachusetts. Its not the perfect storm. It doesnt work that way. Its not going to turn into a noreaster, per se. As a hurricane moves on shore, especially here in the northeast, with cold air being dragged into it from canada, it could turn into a snowstorm as well. At least on the back side. We are beginning to see the eye again. The eye went away as it crossed over cuba. I saw 118mileperhour wind gusts right there as
i m afraid. a couple of days ago we had all of our computer models running. the hurricane center does. ten of them turning the storm out into the ocean. one model turning it back up toward new york city. we went, wow. 10-1. let s probably think the ten is right. not. it just hasn t been how it happened. all these other molgzs are turning the storm become to the us. anywhere from canada to washington d.c. not just new york city. this thing could make landfall. we wouldn t want any type of a landfall at 70 or 80 miles per hour. anywhere from d.c. to massachusetts. it s not the perfect storm. it doesn t work that way. it s not going to turn into a nor easter, per se. as a hurricane moves on shore, especially here in the northeast, with cold air being dragged into it from canada, it could turn into a snowstorm as well. at least on the back side. we are beginning to see the eye again. the eye went away as it crossed over cuba. i saw 118-mile-per-hour wind gusts right there as it m
federal credit programs, it examines the ways the federal government provides loan guarantees to private industry. washington journal is live at 7:00 a.m. on c-span. david cameron tip several questions this week concerning his colter secretary. james murdoch testified before a british phone hacking scandal on his relationship with the culture secretary. the opposition claims their relationship was improper and bias towards news corp. this is just over 30 minutes. this is 30 minutes. i m sure we want to pay tribute to the explosive ordinance specialist who tied from wounds sustained in afghanistan. he was the scribed as a superb soldier and we send our condolences to his family and his loved ones. this momping i tissue this morning i had meetings with my ministerial colleagues and others and in addition to my duties in this house, i shall have further meetings today. i should like to associate myself with the prime minister s tribute to conner ray and ask my right honora
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