Official cash rate being kept on hold, 0. 25 . They are prepared to provide additional stimulus. Just keeping you crossing these additional lines coming through. Monetary policy needs to support the economy for a long time. The economic recovery is on track. The funding may be ready before the end of the year. There is progress being made on additional monetary calls. There has been a rise in unemployment and an increase in firm closures. These lines crossing the terminal now. They kept that cash rate on hold as expected. Just keeping calm and carry on. You mentioned that november review of the Monetary Policy tool. A lot of questions that they will deploy are negative Interest Rates. This is what the market seems to be pricing in. You see that new zealand 10 year yield ever so slightly get into those record those for yields right now at 47 basis points. Lets check the markets to see what else we were expecting. A lot of central bank action. At these newg zealand assets right now. We a
Clerk item 2, general Public Comment. Members of the public may address the commission on any matter in the commissions jurisdiction that does not appear on the agenda. Commissioners are not to enter into debate or discussion with a speaker. The last of a response by the commissioners or Department Personnel does not necessarily constitute agreement with or support of statements made during Public Comment. Thank you very much, madam secretary. I do welcome all members of the public for comment. Are there any questions for the commissioners . Seeing none, Public Comment is closed. Madam secretary . Clerk item 3, approval of the minutes. Discussion and possible approval of Meeting Minutes of may 17, 2019. President nakajo at this time, im going to ask for Public Comment. Any members of the public may approach the commission. Are there any questions or discussions by the commission at this time . Commissioner cleaveland move to approve. President nakajo thank you very much. Moved by commi
Clerk item 2, general Public Comment. Members of the public may address the commission on any matter in the commissions jurisdiction that does not appear on the agenda. Commissioners are not to enter into debate or discussion with a speaker. The last of a response by the commissioners or Department Personnel does not necessarily constitute agreement with or support of statements made during Public Comment. Thank you very much, madam secretary. I do welcome all members of the public for comment. Are there any questions for the commissioners . Seeing none, Public Comment is closed. Madam secretary . Clerk item 3, approval of the minutes. Discussion and possible approval of Meeting Minutes of may 17, 2019. President nakajo at this time, im going to ask for Public Comment. Any members of the public may approach the commission. Are there any questions or discussions by the commission at this time . Commissioner cleaveland move to approve. President nakajo thank you very much. Moved by commi
David we are going to go to our colleague guy johnson, the nchor of Bloomberg Markets the european close. Guy the fed is talking about easing, the ecb talking about using. The market is pricing in easing to the expectation for the bank of england. That is really what the bank is noting when it talks about the tension between its brexit assumption, which is for a smooth exit from the eu, and the market is pricing in a much bumpier view of how that brexit story is going to develop. We have the unfolding of the conservative Party Leadership contest. Boris johnson expected to become the next Prime Minister, talking about a hard brexit. Thats what the market is pricing. They are having to recognize the difference in where they are and where the market is right now. The bank has been talking about rate hikes being necessary. The market sees it a completely different way at the moment, and it is putting the bank of england in the context of the Global Economy at the moment, and the context of
The final journey of a welltraveled and tireless man , you created friendship and love for us here. He went in the uniform of service , returned in the uniform of martyrdom, and now , the closest person to him during his presidency narrates these moments of the martyrs life on the day of the incident. A cloud spot on this valley. Captain mustafavi, the pilot of the helicopter carrying mr. President , was supposed to be there as the commander of the field announcing that we should rise. Lets go above the clouds and continue our journey from above the clouds. We reached the top. We continued our journey for maybe 30 seconds. The pilot realized that the main helicopter with us was not the helicopter that was coming in the middle of you. I asked their help why they are coming back and they said that our helicopter didnt come. The flight crew started calling the pilot of the helicopter carrying the president. I called and introduced captain mustafas phone and mr. Alahashem javad. I am alone