That broadly speaking if we dont get that, there would certainly be Downside Risks certainly through the channel i mentioned. Thank you cnn. Thanks for taking my question chairman powell, give us an update to the policy framework and repeated calls for this and this event, is the fed open to other parts of the economy such as income inequality and Affordable Housing we monitor everything we think is important in the u. S. Economy. In a broad sense, all of it goes into thinking about Monetary Policy you mentioned inequality so disparities in income and Financial Wellbeing demographic and racial categories, something we monitor carefully, inequality, which i would point to its a multifaceted thing, stagnation of nat the lower end of the income and lower mobility those are things that hold back our economy. They are the thing is we dont really have the tools to address those. We have Interest Rates and Bank Supervision and Financial Stability policy and things like that, but we cant get a
Deal dependsen the eu and refinitiv take over. A 4. 3 billion take over with caixa bank creating 7 billion in assets. Tiktok could go for a u. S. Ipo. The deal with oracle and walmart. Its fate could be decided in the next 24 to 36 hours. A very warm welcome to street signs. Weve got a flurry of m a deals to kick off this morning the company has denied reports it is in investigations over a proposed take over bid bloomberg had reported more in recent weeks and that negotiations are in the early stage. Euronext in discussions with lse. Adding any potential sale depends on eu approval of the planned take over of refinitiv the deal news doesnt stop there. Caixabank and bankia have agreed to a deal of 4. 3 billion euros a 20 prem yium will create spains largest bank relieving costs around 77 Million Euros. So many things we could talk about. We could kick off with this banking deal, weve been waiting for more consolidation in european banking a lot of chiefs have said cross border m a has
List the white house puts us on what we need to do is what we know we need to do all along which is individually we need to take responsibility. So Wearing Masks socially distancing. Thats san jose mayor sam liccardo responding to the White House Coronavirus Task Force Coordinator doctor deborah birx she called out san jose is one of 12 cities in the country that she says are quote lagging behind the need to do a better job of slowing the spread. Take a look at this map from Santa Clara Countys Health Department it shows a higher rate of coronavirus cases in san jose compared to some other cities in the county. Some city leaders say that its tough to argue with the data while others say theres nothing to worry about. And we sure sips here in the city and county and the state and we are all watching the numbers so im im not concerned about. About that i dont speak the doctor birx is speculating i think that if hes making that list. Hes coming off of data theres no arguing with that i ca
adeaths over the past 24 hours. Which abrings the total death toll to 3156. Our astate has close to 77,000 covid19 cases. Here in the bay area, Solano County reported three aditional adeaths overnight. San amateo, santa clara, and alamed acounties each had one additional deah. amost states around the country have at least allowed partial areopening of businesse and arestaurants, but as foxs aisha ahosni reports, there is some concern in hardhit new york about a resurgence. Reporter america is back in busines. a nearly coasttocoast, by the end aof the weekend, 48 states will be at least partially a reopen in some form. I wanted to come back since, im areally excited. Reporter only massachusetts and aconnecticut keeping strict stayatahome orders in place. Even hardest hit new york is allowing some areas to reopen. Governor cuomo saying saturday he is considering reopening a race tracks, baseball, and other actiitiesa in limited capaciy. a but aremains concerned about a new awave of cases
Lose social distancing measures in indonesia, perhaps having a slower recovery. Were still seeing gains. The sti also snapping out of a whole week of losses we saw yesterday, where every day last week was in the red. But we do see singapore the most affected nation in the nation region in the nation. The nikkei 225, watching the boj, a lot of focus on bond buying. Will they scrapped that ¥80 trillion target and launch that unlimited qe . The yen has been satellite steady ahead of the policy decision. Were watching wan related assets given the speculation of kim jonguns health. We still see strength to the korean won. The berlin be indeed were maybe were at 64 u. S. Cents right now. Ceo market calls with the of dalton in about 10 minutes. Lets get first word news now with Corinna Mitchell in new york. Corinna confirmed coronavirus cases around the world is approaching 3 million, according to bloomberg and john hopkins university. More than 2000 people have died so far, the u. S. Talkin