Well, if the fed were to raise rates too soon, senator, we would risk undermining a recovery that is really just taking hold. And is really succeeding, i think, in improving the labor market. As as i said, i dont think were back to attaining yet conditions id associate with maximum employment or normal labor market conditions. Things have improved notably. But were not there yet. And so we want to see a healthy recovery continue. In addition, as you mentioned, inflation is running well below our 2 objective and while we think a significant reason for that is because of transitory factors, most importantly the decline weve seen in energy prices, we are committed to our 2 objective. Just as we dont want to overshoot 2 on the high side, we dont want to chronically undershoot 2 on the low side either. So before raising rates, we will want to feel confident that the recovery will continue and that inflation is moving up over time. There are also, of course, risks of waiting too long to remo
And yet some continue to dismiss calls for change or more transparency at the fed. I would argue, however, that theres an even greater need for additional oversight by congress, and further reforms. Our central bank is expanding its influence over households businesses, and markets in recent years. Not only has it pushed the boundaries of traditional Monetary Policy but its also consolidated Unmatched Authority as a financial regulator. As the fed grows larger and more powerful, much of this authority has become more concentrated in washington, d. C. , and in new york. The fed emerged from the financial crisis as a super regulator, with unprecedented power over entities that it had not previously overseen. With such a delegation of Authority Comes a heightened responsibility, i believe, for the congress to know the impact these new requirements place on our economy as a whole. The role of congress is not to serve on the federal open Market Committee, but it is to provide strong oversig
For the plans with blue. I imagine if our water were to run out, this is the realization of what happens to a community that runs out of water. There is no way to survive this our future. Imagine our wells drying up as a job given youngster food, im afraid that we may eventually run out of water here here, or skips. And what if the fight for water turns into war . Some parts of the world are going to become on livable because of rising. Keep your big big here. The water crisis is the tail of never ending. Missouri water is disappearing everywhere. That suggests a huge global migration. Think the site is need water to survive. Could International Conflicts will become inevitable . Um yeah, on this mention mit the boss. From a global perspective, the human kinds approach to water is potentially lethal to song leaving when dia, once politics is dictated by the fight for water, then god help us canada. And scott, me, we are used to having plenty of water. But thats changing thanks to the C
Weekend on d w. Oh, i imagine if our water were to run out, this is the realization of what happens to a community that runs out of water. There is no way to survive. Is this our future . Imagine our wells, drying up as a job give youngster food, im afraid that we may eventually run out of water here, here. Oh excuse. And what if the fight for water turns into war . Some parts of the world are going to become on livable because of rising. He, what are your behavior here . The wooded crisis is a tale of never ending of is around. Water is disappearing everywhere. That suggests a huge global migration. When it think the size of these need water to survive, Cohen International conflicts will become inevitable. Um yet it wound gung dis mentioned midday, basel from a global perspective. Human kinds approach to what it is potentially lethal of the song levens when via but once politics is dictated by the fight for water, then god help us canada on scott, me. We are used to having plenty of w
With what 5th . Ah ah, imagine if our water were to run out. This is the realization of what happens to a community that runs out of water. There is no way to survive this or future. Imagine our wells drying up as a job given me, im just a fool. Im afraid that we may eventually run out of water here. Yeah. Oh excuse. And what if the fight for water turns into war . Some parts of the world are going to become on livable because of rising, he only your behavior here. The wooded crisis is a tale of never ending this around. Water is disappearing everywhere. That suggests a huge global migration. When it think the sides need water to survive and could international, con, flexible, become inevitable . Um you get one gone dis, mentioned within vasa from a global perspective. Human kinds approach to water is potentially lethal of the song leevins then via but once politics is dictated by the fight for water, then god help us canada and scott. Mm hm. Were used to having plenty of water. Yeah,