Toolbox, but there are no plans to use them. Since the decision, we did see the market pare back a little bit, pricing around negative rates. Bailey also saying the bank of england forecast has an unusually large downside skew. The reaction, the pound suggests the market took the boe forecast as pretty robust. 1. 3172. Dailey also says it is hard to draw a conclusion from the bank of vacant forecast and we must be careful not to over interpret faster indicators. Hes speaking in a briefing to journalists right now, saying the boe could use like forward guidance, negative rates of the toolbox. Tom it looks like it is moving the market with lower Interest Rates seen across the u. S. Sterling on a tear, 1. 31 69. Look for our conversation with the governor of the bank of england. Francine lacqua and the governor, 8 00 a. M. New york time, 1 00 p. M. In london. She has some very in pointed she has a very pointed questions from our economics team. From news in new york said he, ritika gupta.
Our t. V. Dot com and get a complete look at your news right now stay with us for an amazing programming. Hello and welcome to cross talk where all things are considered im peter a little sri member the phrase to honest people can disagree this concept as essentially been the bedrock of western civilization enlightenment its also the origins of the american 1st amendment cancel culture is putting all this in question are we now ruled by the hecklers. To discuss this and more im joined by my guest Brad Blankenship in prague he is a freelance journalist as well as a journalist for c. G. T. And and in bloomington we have mike a kernis he is a r. T. Calmness and a comic book writer all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was it was good and its going to bradford. You know it was a bit over the last few weeks watching this whole cancel culture phenomenon and i find it just completely ludicrous anti intellectual and a historical. Antir
Restricting the number of hours a baker could work each week. Watch landmark cases tonight on cspan 3. And any time on cspan. Org. Now a hearing on the impact of the coronavirus on Mental Health. The house energy and commerce subcommittee on health discusses the benefits telehealth has provided americans and the need to continue after the pandemic ends. This is just over four hours 15 minutes. The subcommittee on health will now come to order. Due to covid19, todays hearing obviously is being held remotely. All members and witnesses will participate via Video Conferencing. As part of our hearing, microphones will be set on mute to eliminate background noise. Members and witnesses, youre going to have to unmute your microphone each time you wish to speak. I just say that as a reminder and a little housekeeping issue. Please remember to do that. Documents for the record can be sent to megan mullin at the email address we provided to your staff. All documents will be entered into the reco
Meanwhile Federal Reserve not even thinking about raising rates now. Fed chair jay powell saying the current economic down torn is the most severe in our lifetime. Warning containing covid is essential to protecting our health and the economy. Big tech in focus all reporting today, their earnings after the bell, ceos grilled on capitol hill yesterday about anticonservative bias, Business Practices, privacy and china. Highlights from the fiery hearing coming up. Markets this morning pointing to selloff at the start of trading. Take a look at futures indicating decline 216 points right out of the gate, s p lower by 28. Marks rallied yesterday following Federal Reserve decision. The market was up 160 points don oh dow. The nasdaq up 140 and s p up 40 points yesterday. Unrest in america with violence in major cities. And the nba tipping off today, players taking to court in bubble at disney world with empty stands, we will check it out. The ceo of fanduel is here on how the virus is impact
Twitter shares soaring on a rumor the company is looking to build a Subscription Service a source close to the situation tells me that a Subscription Service is one of many Revenue Generating options that twitter is considering, but that no announcement in that area is imminent Ceo Jack Dorsey has said hes kicked around the idea of creating a subscription tier and twitter management has talked about building new revenue stream the focus on new ways twitter could make money as tiktok opens a new platform senator tom cotton warned americans against use ticktock. Secretary of state mike pompeo said late monday that the United States was looking at banning chinese social media apps including ticktock. Ticktock responded to pompeo by pointing to the companys new american ceo, former disney executive kevin mayer, saying we have never provided user data to the Chinese Government nor would we do so if asked. I want to go to dan nathan first. As i recall, dan, you had fast pitched twitter back