Now, people can use this type of flour and bread produced in the city. A number of bakeries will be notified so that they can use wholemeal wheat flour, god willing. Make it a mandatory standard. In the first step , we renewed this standard, that is, the national mandatory standard, and in order to provide highquality bread on a trial basis, this is under traffic. That we have produced , god willing, it will be more widespread in the future. This plan in some provinces including qom and central it will be implemented on a voluntary basis in isfahan and hormozgan on a trial basis and will gradually become widespread in the country. Zohra parvesh, sed and broadcasting news agency. Well, in the program of the first page , we are hosting mr. Snapna, the honorable head of the National Standards organization of iran. Regarding the bread standard, if it is possible , please tell me whether the standard of whole wheat flour is a mandatory standard, now everyone must comply with it. One of the
Then we will come back and compare those answers to a macro economist who happens to be here answering questions. Larry, i will start with the subject that should be near and dear to your heart. , you in one way shape or form had to do with why the United States ended up in nafta, the create u. S. Trade agreements, and the partnership. We now have a president at the administration who believes all those things were mistakes in the u. S. Has been a loser as a result of free trade. Why are they wrong . What are the risks of them behaving like this . They are wrong because each of those were good deals. They were good deals in the following sense. If you look at how much trade barriers in the u. S. Were reduced, and you look at how much trade barriers in the other countries were reduced, in every case they were reduced two or three or four times as much in the other countries as they were reduced in the United States. The reality is, rightly or wrongly, by the mid 1980s, the United States
Healthy and investment has picked up significantly at the end of the year. Inflation ended in 2016 point higher than 2015 and it should keep rising because Monetary Policy is at our upcoming meetings, the committee will evaluate whether employment and evaluation are continuing to grow in line with these expectations, in which case a further adjustment of the fed funds rate will likely be appropriate. She does caveat the outlook, allh is supposed to fulfill the outlook by saying it is too early for the fiscal outlooks might get put into place or what their outlook on the economy might be. She said it is not her place to opine on the proposal but she said it is important that the proposal raise longerterm. Rowth and Living Standards and she goes onto say they should be consistent with putting u. S. The school accounts on a sustainable trajectory. Other words, dont bust the budget. Finally, she mentions securities from the Balance Sheet but of the anything about the timing or method of en
Watch bonds. Wholesale prices top on higher gasoline. Road map begins with the Market Making record highs. Fed chair yellen on the hill for public testimony. Plus, how will consolidation play out in the industry under a Trump Administration . Mnuchin is confirmed as the treasury secretary. National security adviser Michael Flynn resigns. Stocks are looking for more history. One day after the indexes hit highs, also, back up to a 7 billion valuation. In an hour, fed chair yellen will deliver her testimony on the economy. She goes before the Senate Banking community. Well bring you live coverage beginning at 10 00 a. M. Eastern time. In january, she said it would be unwise to wait too long before you excaccelerate the hike cycl. Is that what you expect to hear today . Look, i think she is to definitely wait to see how much of the tripod this repatriation, the lower Corporate Taxes, deregulation comes into play, but i am a believer, and have said since the beginning, a march rate hike has
The economy. It will come as no surprise to you, chair yellen, that improving Economic Growth is a key priority for congress this year. 2016 was the 11th Consecutive Year that the u. S. Economy failed to grow by more than 3 . One way to improve our Economic Growth is it to study and address areas where regulations can be improved. Since the financial crisis regulators have imposed thousands of new pages of regulations. We all need to better understand the combined impact of these rules on lending, liquidity, cost for small Financial Institutions, and broader Economic Growth. It is time to reassess what is working and what is not. Im encouraged by President Trumps executive order on Core Principles for regulating the Financial System. Directing the treasury secretary in consultation with the heads of the other member agencies of asoc including you to report on how well existing laws and regulations promote or inhibit Economic Growth will be a helpful step as we move forward. Financial r