ah. title keep track of the headlines here on al jazeera, a bipartisan group of us senators as agree than a framework for modest gun restrictions in the wake of a series of mass shootings. under the tentative deal authorities would keep guns away from people ding to be a threat. my country has more from washington dc. president biden has issued a tech saying, welcoming the announcement, saying that more could be done, but it s an important step forward. and certainly this is the general reaction from many groups that it is an important step forward that it is a signal that bipartisan agreement on this issue can be reached. but it falls far short of what many, including president biden were demanding. for example, there s no outright ban on automatic weapons. there s no. busy raising the age at which one can buy a rifle from $18.00 to $21.00. french president de manion macros coalition, and it s left. bring rival a neck and neck in the 1st round of frances legislative election
Of energy. Will he get his weight . Way . Thats what you need to know. Fed decision. Bloombergs Michael Mckee. The lead line today, the fed finally nails Economic Projections except the one that matters, rate hikes. Inflation. What does it mean . Michael it may be the fed last hurrah. Wall street moves from the tempo to the capital and fiscal policy. The fed is going to be moving from what are you going to do in reaction to the economy to what are you going to do in reaction to fiscal policy . Where itmeeting about is. With a chart of inflation and unemployment as a are converging to where they said they would be. It is time to raise rates. That is why you do not see arguments from the market. What do they do is donald trump gets Infrastructure Spending and tax cuts through and the economy heats up . That is an open question. I have one other chart i want to show you. Monetary policy, even if the fed moves, very, very loose. Monetary conditions index is moving slowly, real rates are ne
Next up from last weekends Rancho Mirage writers festival, panel on National Security. Ill probably lose the hall in next hour. Are we allowed to start . Okay. Usually theres adult supervision around that tells you what to do. It is always a great pleasure to moderate a panel at a writers festival because youre dealing with men and women of incredible accomplishment. Who have done journalism, literature, of unusually high quality. And amazingly theyre very articulate at speaking about what theyve done. Ike going to be self indill self indulgent. I have never been in the presence of a medal of honor recipient, and jack, its a true honor to be with you. Jack is one of those individuals who was willing to saddle up and ride to the sound of gunfire and serve our country. He is one of 75 recipients living, and over the years had gatherings of men such as jack, he was with eddie ricken walker, jimmy doolittle, audi murphy. Its quite remarkable. [applause] lets set off. I dont know if you hav
Demonstrations. Last night, bret gave a really marvelous talk about immigration. [applause] and i bret has agreed in the last 45 seconds to sort of reprise what he said in context of what seems to be going on this morning. And then larry and tim are going to talk about this aspect of National Security as it is expressed in immigration policy, and then douglas is going to speak to the history of this kind of activity in our country. And jack and i will not get involved in this one. So, lets make it reasonably brief. Bret, can we hear from you . Well, the state of play as of this morning, which i was able to check oh. Can you hear me now . No. Were getting things set up. All right. Ill just speak loudly and then burst your eardrums when they fix it. As of this morning the order that the president gave yesterday at around 4 00 in the afternoon, has been revised so that greencard holders from some of the countries, the seven countries thank you the seven countries affected may now sorry. A
Are we allowed to start . Okay. Usually there is adult situation that tells you what to do. It is always a great pleasure to moderate a panel at a writers festival because you are dealing with men and women of incredible accomplishment, who have done journalism, literature of unusually highquality and amazingly they are very articulate at speaking about what they have done. I am going to be selfindulgent with your permission. In all these years of doing these, i have never been in the presence of a medal of honor recipient and jackets a true honor to be here with you. Jack is one of those individuals who was willing to saddle up and ride to the sound of gunfire and serve our country. He is one of 75 recipients living and over the years at gatherings of men such as jack, he was with eddie rickenbacker, jimmy doolittle. Its quite, quite remarkable. [applause] i dont know if you have been watching the news this morning. I envy you if you havent. [laughter] but there are consequential even