Seen any innation as judged by the cpi since october. That number is due out at 8 30 eastern time. Then later in the morning watch for the Housing Price index. New home sales and richmond fed survey. St. Louis fed president gym bullard is set to Start Talking in london in a few minutes. In the meantime jon williams is in australia and he is telling economists there that the broad strength of the dollar poses little risk to the u. S. Economy. Gathering more momentum for what happens when rates start to move he warns of unintended consequences for the economy. Given that Monetary Policy is a blunt instrument its going to have unintended consequences or effects. The goal for me is just to get the economy back to full employment. Get inflation back to 2 and Interest Rates back up as appropriate back to more normal levels. He will not be composing the music for the new movie. I thought he was. Originally he was signed on. He will not. Well check into that. But i thought i saw recently hes n
Winning streak. Catalyst seems to be more news that chinese brokerages have tighter marginal rules raising concerns about regulators having other things up their sleeves. Things to slow down the massive growth weve seen over the last year. Well have a live report in a moment. In the meantime if youre watching the u. S. Equity futures markets were higher yesterday. There is a slight pull back this morning. Dow futures down by 18 points. Apartment Building Futures down by 2 and the nasdaq down by over 8. San francisco fed president jon williams says the central bank likely to start raising Interest Rates later this year. Told a group in singapore that he expects Economic Growth in the u. S. After a weak First Quarter. Also the head of japans central bank telling cnbc he doesnt think a bubble is brewing nor is he worried about where the yen is heading. One says the yen might appreciate but in his words it should move in line with economic fundamentals. Another deal in the works. Avago tec
The taliban shows little sign of being released or able to negotiate or respect our constitutional order. Our womens rights for democracy. They have actually become more extreme in their deliberate attacks against civilian population. I know held rules they are. I lived through their rule. If we focus on political transgression which a new government, a fresh mandate backed by bilateral Security Agreements we can create incentives for the taliban and pakistan. For them to rethink their strategy and to one that is more inclusive. Our security, mr. Chairman. The newfound strength and courage of our Security Forces has been demonstrated by the speed with which they have closed down recent affects the mesh attacks on our capital with minimal loss of life but we still face challenges. Our forces are already missing the coalition enablers support. Senator corker spoke about that. Where the force is not in place, people want to serve in the air force, takes more time. Technical knowledge, mil
Of snow, or the plum blush of dusk, but alwayshome, always under one sky, our sky. And always one moon like a silent drum tapping on every rooftop and every window, of one country all of us facing the stars hope, a new constellation waiting for us to map it, waiting for us to name it together [applause] that is my pleasure to introduce reverend luis leon to deliver the benediction. Let us pray. Gracious and eternal god, as we conclude the second inauguration of president obama we ask for your blessings as we seek to become citizens of a beloved community, loving you and loving our neighbors as ourselves. We pray you will bless us with your presence. With out bus patrons will in fact our hearts. With your blessing we know we can bay region break down the walls that separate us. We pray for your blessings. Without it, mistrust will rule our hearts. With the blessing of your presence, we know we can renew the ties and mutual regard that can best for our civic life. We pray for your blessi
Drug bust on Jamestown's southside leads to three arrests, and drug seizures.
Three Jamestown residents have been arrested following a drug raid that led to the seizure of quantities of crack-.