I know their guys are this is a kaiser report. Why you bargain. Well here are the bullet points for those of you at home keeping score. Cities are on fire. 40000000 unemployed in america g. D. P. Of the climb by 50 percent in the 2nd quarter. The velocity of money is dead. Small businesses are dead. And j. P. L. Said chairman says this is fine this is fine this is fun thats fine. Thank you both again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claimed last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of us aggregate wealth since
Combine creating the u. K. s biggest internet and phone operator. And decision at don. The bank of england makes a rare earlymorning rate announcement imminently. We will speak to governor bailey leader on today about that decision, but a mission to china. The who considers investigating the source of the coronavirus as britain prepares to ease parts of its nationwide lockdown. Just under an hour away from the start of cash equity trading across europe. Lets take a look at where futures are trading. Actually, are we getting bank of england headlines now . Are. Yes, we bank of england votes unanimously to maintain its benchmark Interest Rate, to keep it unchanged at 0. 1 . No change in the kiwi program and no change in the Interest Rate. The pound is Holding Steady against the u. S. Dollar as a way there had been increased volatility in the pound heading into the decision. We are also getting a lot of indecision over how the expectations for how the coronavirus will hit the u. K. Voted
Thank you again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claimed last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of us aggregate wealth since 1983 to 26 teams this is what the fed has been doing this is the upper income went from having 60 percent of all wealth in america back in 1903 to 179 percent and its probably much higher even now middle income has been the huge collapse as you see down from 32 percent to 17 percent so theyre nearly cut in half well this is the latest chapter in the global insert action against banker
So the chairman says this is fine is it fine this is fun just fine. Thank you again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claims last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of us aggregate wealth since 1983 to 2016 this is what the fed has been doing this is the upper income went from having 60 percent of all wealth in america back in 1903 to 179 percent and its probably much higher even now middle income has been the huge collapse as you see down from 32 percent to 17 percent so theyre nearly cut in half well this i
The red arrows flew over central london, and there were flypasts in edinburgh, cardiff and belfast. Music a nightingale sang in Berkeley Square by vera lynn i may be right i may be wrong but im perfectly willing to swear. And, ahead of a special evening of celebration, well speak to the welsh soprano, katherinejenkins, who has performed a medley of wartime favourites to an empty Royal Albert Hall. In other news, theres to be limited easing of lockdown restrictions in wales. At 5 00, well bring todays Coronavirus Briefing from downing street, led today by the environment secretary, George Eustice. Good afternoon and welcome to this bbc news special. Well be bringing you all the latest on coronavirus with the downing street News Conference at 5pm. But first, a two minute silence has been held across the United Kingdom to commemorate the 75th anniversary of ve day. Events are taking place all day, but public gatherings have been cancelled as the country remains in lockdown because of coro