The governor of michigan points a finger at the president to 6 people and charged with plotting to kidnap. The world has seen a record one day jump in global coronavirus cases the World Health Organization has reported more than 333338000 infections in 24 hours and 5 and a half 1000 deaths they says warnings a sounded about rising cases across europe as france reported more than 18000. 00 new cases it was announced that 4 major french cities will join paris and must say that the maximum level in the u. K. Where cases rose by more than 17 and a half 1000 the government says its considering a range of measures from Northern England for the 1st time since april portugal has recorded more than a 1000 new cases and italy more than 300000 potence Prime Minister says Wearing Masks outside will be compulsory across the country even germany a country still seen as exemplary for controlling the spread of the virus has seen a sharp jump in cases dominic kane reports from berlin. This is the reali
Certainly through the channel i mentioned. Thank you. Thanks for taking my question. Chairman powell, [ inaudible ] to the policy framework, is the fed open to other measures of the economy such as income inequality and affordability of housing . So we monitor everything we think is important in the u. S. Economy and in a broad sense, all of it goes into thinking about Monetary Policy. You mentioned inequality. You know, disparities in income and in Financial Wellbeing by various demographic and racial categories, something we monitor carefully, inequality which i would point to its a multifaceted thing but i would point to the relative stagnation of incomes for people at the lower end of the income spectrum and also lower mobility. So 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 at those things through
I like the sound of that. Were admitted during a sixyear mike is keeping his eye on the period. New for you that morning Southern California parents are taking legal action against a School District saying that the commute. Distance learning is not yes, nice, comfortable temperatures but a few more engaging. Nine parents say during the drifts of smoke coming back in. Pandemic the los angeles unified School Districts plan for that means the north bay as well Distance Learning not meeting the states standards. As the east bay. They say theres a lack of it will still be good for much instruction with teachers and of the peninsula and the south bay and down to the coast. Some students cant connect with the online platform. One mother says all she wants is we are going to see our testimony cooler than normal for her child to get the support she needs. Especially in south bay some low and i wanted to make sure she will be engaged from 9 00 to 70s for oakland and then we head over to the inla
That the feds tools dont appear to be capable of reaching this the people who are out of work which is why hes asking congress to help out with passing fresh fiscal stimulus legislation. Sensually todays meeting wasnt full of surprises if anything it only demonstrated that the fed is not planning to take its foot off the monetary gas pedal is that a correct assessment. I think it is i think what we heard more than anything else today was more of the same right is not going to change the fed essentially thinks its policies are working overall but at the same time what danielle just said is so absolutely true and its really imperative to this discussion which is that ultimately what the fed is doing does not trickle down necessarily the main street its not helping people who are unemployed right now its not helping businesses businesses and Small Business owners who are struggling mostly it helps wall street mostly it helps banks thats essentially what of the Federal Reserve is doing and
World and its not necessarily a disaster or risk for the market, that is collective and i thought i would pass it along. We will be looking at the mail about it under ballot situation, and new theory being pushed that sends more democrats seem to be voting by mail, you could have a situation where on election day itself since republicans tend to favor voting in person the early results on election day could favor donald trump and then the mail and results which take a little bit more time to tabulate in places like pennsylvania delayed up to six days, you dont have a clear winner because neither side is budging, its kind of an interesting conundrum, particular in the bottle around states, we will be monitoring that we also have the ceo with us, that is a very, very popular means by which i would just say everybodys taken advantage with airports in a beach traffic and all of that. , blake is doing okay through all of that, we will follow that as well. In the meantime the dow is about 32