979 Shah Mohammed to raise up octavia was overthrown by a revolution that put an end to a monarchy that was more than 2500 years old. Shouted through nature i didnt believe it was an uprising at 1st. You know. Thats the way i thought syrian regimes fall 1st gradually and then such. A mistake was to want to do too much too fast mohammed raise our pocket he was the last shah of iran and a key figure in World Politics during the 2nd top of the 20th century. Is entre potent was the shiite ira tanada Ruhollah Khomeini who became a beacon of resistance to the shops rule. To buy blue through the trees to the 2 of them were poll. Opposites both in terms of social image and personality by the invisible they became very fierce antagonists absolutely in the shot developed. An almost obsession with. Their rivalry lasted almost a lifetime eventually the shah was defeated and with the ayatollahs victory came islamic fundamentalism a new challenge for World Politics. In september 941 at the height of
Medicaid reimbursement rates so it artificially depresses this number to 1. 00 that youre reading about in the minutes but if you look at the core c. P. I. The core Consumer Price index which strips out food and energy it has been running at or above 2 percent which is the feds target for 23 straight months now so i think that there needs to be some soul searching at the fed because the average American Family is not going to tell you that inflation is running too low so how would they be able to actually combat this. Well they say that they want to get inflation up to a certain range and that is code that is fed speak for saying we want to keep Monetary Policy easier for as long as it takes to get up to that 2 percent bogey and what how investors rightly read that message is that theyre going to continue growing the Balance Sheet and if need be and we know that the need be could. Could be happening with the coronavirus shock to the to the to the economy not just in china but here in t
Perspectives to current issues. The center itself is strictly nonpartisan. The purpose of the program is not to advocate for any particular policy, but provide Historical Context to help inform policymakers and the public as they deal with difficult issues. Thank or acknowledge the Financial Support of the Mellon Foundation which makes this series possible. I also want to thank Rachel Wheatley in the back of the room who is our assistant director and helped organize this. I want think the i want to think the office of gerry connolly, and i want to alert you to the fact that you will have index cards on your chairs. This is for questions. As the presenters are speaking, feel free to jot down questions, they will get formal remarks in the first hour, and the second half hour will be devoted to q and a. We will go from there. Thank you offer coming. This the rest of it is in the flyer. I worked briefly with the Congressional Research service. A little longer with the department of energy.
This is the one business show you cant afford to mess im christiane and im going to board washington coming up the Federal Reserve on wednesday release their minutes of their january meeting but what path has the central bank decided to take well break down the feds moves and how its close choosing to react to global instability what wall way has lost a case in court relating to the purchases of its products but how will the embattled telecoms giant bear Going Forward will analyze the future of cross the globe. In the great. German europe. And later the u. S. Has sanctioned russian oil giant ross now as the nation has ramped up the effort against venezuela well do a deep dive into the penalties and what it means for the petro sector. Today so lets go and dive right in. The federal open Market Committee released edited minutes from his january meeting during which policymakers voted to keep Interest Rates unchanged between 1. 51 and 3 quarters percent drone policy now says that the u. S
American family is not going to tell you that inflation is running too low so how would they be able to actually combat this. Well they say that they want to get inflation up to a certain range and that is code that is fed speak for saying we want to keep Monetary Policy easier for as long as it takes to get up to that 2 percent bogey and what how investors rightly read that message is that theyre going to continue growing the Balance Sheet and if need be and we know that the need could could be happening with the coronavirus shock to the to the to the economy not just in china but here in the United States if that means further rate cuts in 2020 that is certainly what the markets have begun to price in now speaking of how does the f o m c participants view the corona Virus Outbreak is this a threat to Global Growth and if so how much is there a cause for a material reassessment in the outlook and what would that possibly mean for additional easing next year or this year. Well so i thi