Later on in the session. Will have more on what jay powells comments mean treasury yields here with tenyear yield at 4. 16 . Lets go to lindsey and talk at the same time fed chair jay powell said bringing down inflation will take longer than previously expected he cast doubt at the next policy move could be a hike. Its unlikely that the next policy rate move would be a hike i say unlikely you know, our policy focus is what i mentioned which is how long to keep policy restrictive. Thats all fine and good. Joining us is stifel chief economist lindsay pietza do you remember the days of mike and drexel, lindsey . Do you remember when someone would have a high degree of confidence and when you could arrange financing . Do you have a high degree of confidence we know exactly where we are in terms of inflation and rates right now . No, i think it is telling that the fed chairman conceded it will likely take longer to gain the confidence and inflation is back on the disinflationary trend and a
Warnings from the west about the army. And at least 7 people are killed in renew, fighting between rival functions in the netherlands, largest palace, the se, libya, a nation thats being wrecked by years of conflict and political infighting is now coping with this with Natural Disaster and decades. At least 5300 people have now been killed in something catastrophic floods. And with 10000 people still missing the death toll is likely to rise the policy theyve done there as well, but destroyed rescue teams of arrived now from casa from tech. Yeah, and she knows, yeah, among others, but the scan of the devastation is monumental. Its about training our thoughts from tripoli. So hello, copters, pick bodies from the c testimony to the power of the wave of water that hit the city. Others were simply swallowed by lance lights. The grim task of recovering the bodies continues. Search and recovery teams are working together with specialized for dog units. The water was like us nami cutting throu
My home that said if you want to sell your house call me as soon as possible. I do get fliers from Real Estate Agents telling me houses around me are selling for a Million Dollars or more. I never thought i would live in a Million Dollars house to be honest is pretty average in the silicon valley. The median home price where i live is 1,068,000. Should i sell . Should you buy . We need an economist. Its a web site owned by zillow. All right. You must get that question every day. All right. Here is my address, what the heck should i be doing . All of the time. Its the most pressing question i get. Should i sell my house . Should i buy . Whats the future going to hold . All right. Whats the future going to hold . Depends where you live. Here in the bay area we are there a very tight housing situation not only are homes very expensive but there are very few on the market. Whether you should buy or sell depends where you are. You have to live somewhere. Right. If youre thinking about retir
Chewing through the nikkei in japan down 2 preaching had composited china point to 9 . Cheryl holiday delivery nightmare ups warning delays just in time for christmas. Fbn am starts right now. Lauren good morning. It is wednesday, december 6. Im lauren simonetti. Cheryl i am cheryl casone. Get ready for this package is to be a little bit later. Lauren i dont get it. They beef up their infrastructures because they know they will see delays but yet they obey. I dont get it. Trying to break in this morning, and maybe shake. President trump will declare jerusalem the capital of israel and a plan to move the u. S. Embassy from tel aviv to the holy city. This is a promise past president s have made. Bill clinton, george w. Bush. In 1995 by a vote of 93five from the United States senate declare jerusalem to be israels capital and promised to move at their years later. Cheryl critics say terms could trigger violence from the anger arab allies and damage efforts to get a two state solution. Isr
Hello there welcome to this thursday morning where shes gone nine oclock. Our top story the leaders of the muslim nations are calling on the International Community to recognize each teresa them as the palestinian capital the organization of islamic cooperation met in response to the u. S. Presence heavily criticised move to recognize the city as israels capital. We condemn the u. S. Decision on jerusalem because of its great buyers against the historical and permanent rights of the Palestinian People in jerusalem important i want to point out to ignore some of the distortions and see the United States decision to recognize jerusalem as the capital of israel is a dangerous one it will threaten security and stability and frustrates efforts. The president is committed to this Peace Process as committed as he has ever bad as that may be every possible step must be taken some prevent the contagion of this illegal action by the u. S. Administration however there is one question that sticks