Announcer its the late show with Stephen Colbert dems the break week 2020. Candidates gone but not forgotten, except the ones weve forgotten. Tonight, all hail breaks loose. And stephen makes a new lord of the rings trilogy. Plus stephen welcomes senator Kamala Harris, and musical guest, Lady Antebellum. Featuring jon batiste and stay human. And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause stephen hello happy thursday. Please have a seat, everybody. Thank you so much. Welcome, one and all to the late show. Im your host, Stephen Colbert. And it is cheers and applause and you can feel the excitement. Everybody is so excited about day five of the live impeachment hearings. Yeah. The witnesses have been compelling. E ated wt the whistleblower said, but the people on the tv say the whole thing has one problem the issue keeps on being kind of complicated for people to follow. Has this gotten too confusing for the American People . T
Announcer its the late show with Stephen Colbert. Tonight all hill breaks loose. And stephen makes a new lord of the rings trilogy. Tonight, stephen welcomes Kamala Harris. And Lady Antebellum. Featuring jon batiste and stay human. And now, live on tape at the ed sullivan theater in new york city, its Stephen Colbert cheers and applause stephen hello happy thursday. Please have a seat, everybody. Thank you so much. Welcome one and all to the late show. Im your host, Stephen Colbert. And it is cheers and applause and you can feel the excitement. Everybody is so excited about day five of the live impeachment hearings. cheers and applause yeah. The witnesses have been compelling, theyve corroborated what the whistleblower said, but the people on the say whole thing has one problem the issue keeps on being kind of complicated for people to follow. Has this gotten too confusing for the American People . There are too many names, and too many of you tell me youre too confused. I know that so
Than the total dppped of belgium. Can you imagine how many waffles you could buy with that . I want to tell you that we what do you think about this impeachment . Have you heard about this in the newspapers . I just dont get it, impeachment when the president gets in deep trouble, isnt it more of an impicklement . Im sorry thats Jared Kushner looks like an orthodox swinderman. Whats the deal with this burisma stuff . Like what a jewish kid does when he turns 13. Burisma. So, youre from the ukraine . You crane, i crane, we all crane for ukraine. Wow, tough crowd. Anyway, point is, the thing wasnt my fault. Announcer its the late show with Stephen Colbert. Tonight all breaks loose and stephen makes a new lord of the rings trilogy. Tonight stephen welcomes Kamala Harris and Lady Antebellum, jon batiste and stay human. Live on tape at the ed sullivan theater in new york city, its Stephen Colbert cheers and applause stephen hello please have a seat, everybody. Thank you so much. Welcome one
Cause u. S. Central bank to rein them in stabilize the markets by wednesday morning. And while the u. S. Central bank makes their latest policy moves their counterpart in the European Union is marking an official leadership transition on tuesday Christine Legarde officially became the new president of the Europe European Central Bank and the former managing director of the International Monetary fund with 394 votes to confirm her in the European Parliament 206 members of the European Parliament voted against muslim guard and 49 abstained from the vote reuters reports in ms the guards latest financial policy making position she will likely have to decide on whether and how the e. C. B. Takes on a new investigatory role in a years long cascade of scandals at Deutsche Bank reuters reported that e. C. B. Staff are considering opening a formal investigation Deutsche Bank for alleged an authorized purchases of their own securities specifically bonds classes. Wide as 81 and 82. Joining us now
Central bank the Federal Reserve which as expected lower the target range on the key federal funds rate by 25. 00 basis points wall street seems to be giving another thumbs down on the rate cut so looking at this lets go to. Lets go to the jay powell will explain the feds choices theyre cutting rates to boost the economy but heres what a poll said recently about the state of the u. S. Economy. So were not forecasting we were expecting a recession as i mentioned incoming data for the United States suggests that the most likely outgoing outcome i would look for the United States economy is still moderate growth a strong labor market and inflation continuing to back up i went through the numbers so the consumer is in good shape and really theres theres. Or or main expectation is not at all that theyll be a recession. And weve identified this disconnect before but mr powell says theres no expectation of a recession so then why the rate cuts weve been over this contradiction before but its