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Transcripts For RT Boom Bust 20240712

Well i dont know maybe they dont mean. I will go down a great. Part. Around one. Route. This is the one business show you cant afford to miss from bridgeboro in washington coming up the Federal Reserve has spoken and now its a plan to hold rates steady as the u. S. Economy is slowly bell. Think back straight ahead we think an indepth look at the moves of the nations central bank has the future of volatility in the wake of copan 1000 remains uncertain gold has seen a spike in value as investors flee to safe haven assets but what does the future hold but well get into that with a packed show today so lets dive right in. The Federal Reserve held another policy meeting wednesday as part of an effort to determine where to go with u. S. Interest rates and what it will take to get the economy moving again overall there was some positive news as members of the Federal Reserve board upgraded their forecast for the economy to show a smaller contraction in Gross Domestic Product and a lower Unemp

Transcripts For RT Boom Bust 20240712

Agency Mortgage Backed securities and least at the current pace but where will employment Interest Rates and the economy go from here well joining us now to discuss that are both of us cohost and investigative journalist ben swan and former fed insider and c. E. O. Of Quill Intelligence danielle de martino both thank you both for joining us today now danielle i want to start with you here it seems like chairman paul really had to thread the narrative needle here he didnt want to downplay growth in the economy but he also didnt want to dissuade congress from getting involved is that a correct assessment of what the chairman was saying today. It really is you know weve got 2 parallel economies right now weve got nearly 30 minute 1000000 americans collecting Unemployment Benefits in some form and you know we have we actually have rental evictions that are proceeding we have foreclosures that are starting to rise as well and on the other hand for people who are employed theyre moving out t

Transcripts For RT Boom Bust 20240712

Vaccines well the companies include pfizer johnson and johnson and astra zeneca to name a few this comes as americans brace for a 2nd wave as experts predict more infections following a Holiday Weekend as we approach flu season while meanwhile india became the worlds 2nd worst hit country just behind the u. S. Where more than 90000 cases were reported in just 24 hours pushing india pass resilin with more than 4200000 cases and europe is seeing its 2nd wave as spain set a new daily record of more than 3700 new cases in just 24 hours this is the biggest count since the country came out of that Strict Lockdown and with School Starting to reopen director of the coronation center for Health Alerts and emergencies said the country needs to be alert and vigilant. Going to give them the schools are now openings some have already opened most schools are opening this week in a staggered way and others open next week so we should see the impact of these reopening at the end of next week or the st

Transcripts For RT Boom Bust 20240712

Economy is slowly bouncing back straight ahead we take an indepth look at the moves of the nations central bank and its a future of volatility in the wake of copan 1000 remains uncertain gold has seen a spike in value as investors flee to state haven assets but what does the future hold but well get into that with a packed show today so lets dive right in. The Federal Reserve held another policy meeting wednesday as part of an effort to determine where to go with u. S. Interest rates and what it will take to get the economy moving again overall there was some positive news as members of the Federal Reserve board upgraded their forecast for the economy to show a smaller contraction in Gross Domestic Product and a lower Unemployment Rate this year fed chairman powell spoke about the outlook following the meeting. The recovery has progressed more quickly than generally expected and forecasts from informs the participants for Economic Growth this year have been revised up since our june su

Transcripts For RT Boom Bust 20240712

To reopen director of the coronation center for Health Alerts and emergencies so the country needs to be alert and vigilant gives them the schools are now opening some have already opened the most schools are opening this week in a staggered way and others open next week we should see the impact of these reopening that the end of next week or the start of the week after that we need to be alert and vigilant the regional governments are very aware of what could happen we hope it will not happen france and the u. K. Will they also saw a surge in new infections cases have surged since those countries also came out of their lockdown well this comes as the World Health Organization is calling on countries to invest in their Public Health system for they stressed the importance of preparedness for the next pandemic. Killed. That means. Of uses for preventing detecting and desponding to diseases this will not be the last panda me history outbreaks and funder me excited for 2 for life but when

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