Could hurt economic progress. There was also some discussion of alternative framework on the committee. This is important because president John Williams of San Francisco has been pushing for consideration a price level targeting or an alternate inflation regime as the fed deals with zero lower bound policies Going Forward. There is some note they might drop Balance Sheet language in future statements. Much,t thank you so reporting from the federal reserve. Joining us with more insight on austan policy is goolsbee, a hazard economics at the university of Chicago Business school. A former chairman of the u. S. Council of economic advisers under president obama. Great to speak with you again. You heard from jeanna about the highlights from the fed minutes. Nearterm rate hikes in december has warranted. They have reaffirmed the view a gradual approach to increasing the target range is likely to the dualbjectives, mandate of maximum employment and controlled inflation. Price stability that
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There, and remember keep track of the rain and snow coming down in the neighborhood, just app. Tonight the man who was operating that scaffold that malfunctioned with two workers ponsst sponge. The men were response. The men were rescued after spending more than an hour 62 stories high with the wind and rain around them. It played out on live television, and Shirleen Allicot saw it all from the ground and joins us now live. Reporter what a scary scene to watch unfold, so hip in the sky, all of it unfolding right here at 1717 broadway. We spoke to several people. The workers supervisor and the fire chief, and a man who claims he was operating the scaffold at the time and said what the fdny did was unnecessary. There was no need for the Fire Department at all. Reporter harsh words from the operator of the scaffold that criticized the Fire Department for acting too quickly. He claims he already had the rig operating after a breaker caused it to stall 62 stories in the air. Two glass repla
And they need to be aware of whats going on and do things they can to protect themselves. We heard the Health Department say that this outbreak is not related to the last months outbreak but they are both in the bronx. Is this just a coincidence . Well, you know, theres a couple of things that are probably going on here. One is each year in new york city there are two or 300 cases of legionnaires disease and theres no part of the city that is more tuned in right now bronx. So they are testing people, they will pick up an outbreak that some areas may have what the Health Department is doing now is they are looking to see is there something that connects these people. The Deputy Commissioner said these people do not live in the same building but they either lived or had visited the morris park area so they will look to see their connection, towers. Hoping to get a bacteria islet from one of these patients so they can match it to a cooling tower and figure out whats going on here. Briefly
Delays really close to the tri state area and down toward philly. Rainfall amounts havent been that great yet. They are going to go up in a hurry as we close in on an inch of rain by later tonight. You see the yellows moving in to places like newark and teterboro parts of holmdel and also long island as well. Theres another batch down to the south. Heres what you need to know. This heavy rain will go at times until about 10 00 tonight. Then tough travel with street flooding and low visibility all evening long. Were still on track for the big 70s and potentially the all time high of 75 degrees in 1998. It is going to be a very warm Christmas Eve and record breaking no doubt about that. Much more on the updated seven day accuweather forecast. Thats coming up in a few minutes. David, liz back to you for now. The fog is not only delaying flights its also led to a number of cancellations. Late this afternoon flight aware says there were 47 cancellations and 193 delays at Newark Airport had