Jury will come to order. Senator brown has been delayed a bit but im going to go ahead because as i think most people realize we had to readjust the time of the hearing to accommodate the fact that both have been called on the floor at 1030. That means senators will really need to stick to their five minutes and even then we may not get through for everyone and i apologize. I will stick around for 15 or 20 minutes into the first boat so we can go as long as we possibly can. I will wave my questions. I wont waive my introductory misstatement and i will start with that right now. Welcome, chairman powell today the Federal Reserve chairman Jerome Powell update the command Monetary Policy development in the state of the us economy. Us economy continues to expand in 2019 exceeding 2 growth for the Third Straight year as the American People enjoyed to the longest continued economic expansion in american history. The labor market is strong with the labor force at an alltime high of 164 millio
We a. M. , the Senate Continues debate on the war powers the hearing will come to water. Senator brown has been delayed, but i will go ahead because most people realize we had to readjust the time of this hearing for those who have been called on the floor. That means the senators will need to really stick to their five minutes, and even then we may not get through for everybody and i apologize for that. Im sure that senator brown and i will stick around 15, 20 minutes into the first vote so we can go around as long as we possibly can. I will wave my questions. But i will start with my introductory statement. Welcome, chairman powell. Today the Federal Reserve chairman Jerome Powell will update the committee on Monetary Policy development and the state of the u. S. Economy. The u. S. Economy continued to expand in 2019 come exceeding 2 growth for the Third Straight year. The American People have enjoyed the longest continued economic expansion in american history. The labor market is s
Markets trying to figure out the fallout from the u. S. Strike meansilled the general for their portfolios. And what it means for the price of brent. Is at theere bryant moment. Gold at the highest in six years. Data. Also getting some Euro Area Services pmi coming into 52. 8 just a touch better than expected. We are at the eurasia summit talking 2020 risk. We will talk to the italian Prime Minister. In the International Rescue committee chief executive David Miliband. Those are coming up on bloomberg surveillance. Lets get to the first word news in new york city. We begin with Australian Authorities counting the cross of newowns on the south south wales in neighboring victoria. Blazes are the generated drive thunderstorms, thousands have been evacuated to Recreation Grounds, converted into makeshift camps. A new top man from china and hong kong, a communist party of thel who is now part anticorruption campaign. After nearly seven months of political unrest. Shows beijings intention to
Im in a hurry option is a part of the mechanism of this field of Intelligent Transportation economy that has been experienced in the world and is good. Now, of course , i have devotion to the service of his highness. We are your juniors, he is an expert except me. What is the necessity of this option . Take care of it. I am in a hurry to implement this option. What happened is that about 10 of the trips, and actually the trips that were realized using this option, what does that mean, 90 of the trips were normal. Now, what is the state of this 10 , it remains exactly like a valve. An extra thing, let it go, they tighten the screw tightly, we are faced with the fact that a small distance that i used to be able to give this in 10 minutes, or in some circumstances, a rain happens, a demand happens, and there is no supply at all from the drivers side. Here you are alone your tool is an expensive tool. If you dont raise it , what will happen . You have to see it under the rain. We are not s
I will pop out the full interview. Burberry down over 3 . Lower. Sales came assetse taking back some in japan. There is an overall concern about retail side of the business. By almost 3 . Ng cpi in france came down for tenths of 1 . This inflation story is the basis of the market. Expectations were expected to come in. We will bring that to you later. The monetary transactions, are they legal . A different opinion if you have dinner with a french person. Lets look at the individuals. Burberry, i will come back to that. Will be below estimates. Firsthalf revenue declined by 17 . The Foreign Exchange has been tough for us. It is a perfect storm. That is one of the reports i read. You have got ukraine. You have that Chinese People not traveling as much as to hong kong as a result. You have got the strength of sterling during the Third Quarter as opposed to more recently. That is a perfect storm in terms of luxury, but is this a company that can weather the perfect storm . Mulberry is down