Other economic policies. His is almost an hour. Mr. Powell good afternoon veryone and welcome. My colleagues at the Federal Reserve and i are dedicated to serving the american people. We do this by steadfastly pursuing the goals that congress has given us, stable employment and we are committed to making the best decisions we can based on facts and objective analysis. Today, we decided to lower Interest Rates. We will keep the u. S. Economy strong in the face of notable developments and provide assurance against ongoing rifpks. The u. S. Economy has continued to perform well. We are into the 11th year of this expansion and the outlook remains stable. 2. 5 . Nomy grew at Household Spending supported by a job market and Consumer Confidence has been the key driver of growth. In contrast, Business Investment and exports have weakened and falling manufacturing output. The main reasons appear to be Slower Growth abroad, two sources of uncertainty we have been monitoring. Since the middle of
Jobless claims, lowest since april. The president agreeing to a twoweek delay on the tariff pause. Plus, the ecb is launching a new bondbuying program. Could it impact fed Decision Making until the next week and as the democrats get set to debate tonight, Elizabeth Warren propose ago sweeping increase in Social Security benefits financed by taxes on wealth the president delaying the imposition of good will tariffs. All of this coming ahead of planned meetings between the u. S. And china in early october. Earlier on squawk, the treasury secretary described the state of trade between those two countries. Weve had a series of principal level conversations. We have a deputies meeting planned in the next two weeks where the chinese will be coming here and working on material the vice premier coming here at the beginning of october to meet with ambassador lighthouser and myself we look forward to making progress over the next few weeks. Set tariffs could go up, they could go down. Hes lookin
Cancellation notice about her flight from sacramento to San Francisco, one woman took matters into her own hands and took an uber all the way from 20 miles east of sacramento in roseville to sfo, to make sure that she caught her connecting flight from San Francisco home to hawaii. I have patients to take care of in hawaii so i took an uber for two and a half hours from roseville to here, and they wont pay me back. They say youre on your own. My flights delayed two hours, united told me they there will be delays due to the runway, so when i opened up the detail on the email, it says there could be delays. Reporter the runway in question is 28l. Sfo is rebuilding a 1900 foot section that intersects runways 1r and 1l, that means during certain times at least two runways can be closed at the same time. Thats why its causing so many headaches here and the 16 million reconstruction project is expected to last through september 27th. So if you are coming out to the airport, dropping somebody
Other economic policies. His is almost an hour. Mr. Powell good afternoon veryone and welcome. My colleagues at the Federal Reserve and i are dedicated to serving the american people. We do this by steadfastly pursuing the goals that congress has given us, stable employment and we are committed to making the best decisions we can based on facts and objective analysis. Today, we decided to lower Interest Rates. We will keep the u. S. Economy strong in the face of notable developments and provide assurance against ongoing rifpks. The u. S. Economy has continued to perform well. We are into the 11th year of this expansion and the outlook remains stable. 2. 5 . Nomy grew at Household Spending supported by a job market and Consumer Confidence has been the key driver of growth. In contrast, Business Investment and exports have weakened and falling manufacturing output. The main reasons appear to be Slower Growth abroad, two sources of uncertainty we have been monitoring. Since the middle of
[inaudible background conversations] [inaudible speaking] the panel is titled American History, renegades and sponsored by the Mississippi Library commission. Tracy carr, with the library commission, was in the room for the very first organizational meeting of the festival we couldnt do this without the Mississippi Library commission or libraries from all over the state so thank you very much for your support. We are in the room today courtesy of foreman watkins law firm, our gratitude to them. Our panelists are tom craven, eric j dolman and Peter Houlihan. You can purchase copies of their books from vendors outside and you can find the times are authors will be signing in your program. We will hear from our panelists for about 40 minutes then open the floor to questions. Please come to the podium in the center of the room to ask your questions. Help me welcome our moderator for this panel, kitty blunt director of Mississippi Department of archives and history. [applause] thank you. Im