Anything and i have nothing to add to that. Because that seems absolutely positively correct the fed will keep rates unchanged and possibly have a message that they are kind of encouraging inflation to go higher one of the most important statements that i think has gotten less play than it should is jay powell said in late october we would have to see rise inflation persistent to consider raising Interest Rates to fight inflation so the fed wants inflation to be higher actually. And theyve contextualized this by saying 2 was our target for many years and we fell short and now we need to fill the gap of which makes no sense to me whatsoever i think it is cover for wanting Interest Rates to basically be below the inflation rate which is the game planner for central bangs and developed countries really around the world and so now we have the tenyear treasury yield and the core cpi is up higher than 2 and yet the Interest Rates are kept below that so foed knows that we have a det roche in
As they gather in brussels for the end of year summit. Also on the programme us regulators allowed boeings 737 max to continue flying even when they knew it could average one fatal crash every two or three years. And the christmas bonus that left these lucky employees an awful lot richer. Hello and welcome im katty kay in washington and Christian Fraser is in london. The talking is over. It is decision time. After five weeks of campaigning, the uk goes to the polls tomorrow, at a critical juncture in the brexit story. Such are the vagueries of britains first past the post system no one really knows where this will take us. The polls suggest the gap between the two main parties has narrowed in recent weeks, but still we could be looking at anything from a Hung Parliament to a tory landslide. The Party Leaders have been on a whistle stop tour of the country. We have plotted it for you, the conservatives in blue, labour in red. The Prime Minister began his day delivering milk to a voter i
It is monday and early today starts right now good morning to you, im cori coffin. And im frances rivera. We are monitoring a massive winter storm Winter Weather alerts began last night for the plains the system will take over half the country. Already hammered parts of the midwest. Snow and ice have snarled traffic. At least one fatal crash in missouri five people were killed in two separate crashes in nebraska up to four inches of snow fell this storm is expected to move across central and northeast today and tomorrow in the next two days, President Trump attacking on twitter with over than 100 tweets he suggested House Speaker pelosis teeth were falling out while answering questions and continued to refer to the matter as a hoax. If the house does impeach, the case will head before the senate last night, Top Republican schumer set his republicans for the chiel. His request for four witnesses acting chief of staff and security advisor john bolton we have more as the house prepares to
This change of heart coming after swift backlash online from celebrities and lgbtq advocacy groups. Were now getting our first look at some of the video in the patriots latest scandal. The man who shot the video of another team says he never intended to give it to the patriots football staff. He has been suspended by the team. Those are some of our top stories this monday, december 16th. Good morning, everyone. Great to have darla in for janai, coming from wabc, looking good. She sent me the nicest note, thank you, janai. She doesnt do anything nice for me. We all know why. We love you, kenneth. Its great to have darla here again from our flagship station, wabc. Lets begin this half hour with the controversy in the stands of the army navy game. Cadets and midshipmen flashing hand signals on live tv that could be associated with white power. Several students from west point and the Naval Academy are now at the center of an investigation over the gesture recently labeled as a hate symbol
Foreign government participate and undermining a competing candidate for the presidency. If we are to come stay safe with our constitution with our republic, President Trump must be held to account. If Congress Fails impeach here, than the impeachment progress has lost all meeting. I stand with the constitution and the framers who were committed to ensure that no one is above the law. On the basis of the testimony and the evidence before the house. President trump has committed impeachable high crimes and misdemeanors. By corruptly abusing the office of the presidency. Kennedy said the man who is the product of union between bill nye. The republicans had one witness in the he did his best to put the democrats in his place. Watch this. I cant emphasize this enough and ill say it one more time. If you impeach a president , if you make a high crime and misdemeanor out of going to the courts, it is an abuse of power. Its your abuse of power. Youre doing precisely what youre criticizing the