Extension of credit from private lenders. They are designed to support the functions of private markets, not to replace them. These are lending, not spending powers for others, alone that can be difficult to repay might not be the answer in these cases direct fiscal support may be needed. Our economy will recover fully from this difficult period we remain committed to using our full range of tools to support the economy for as long as needed thank you. Thank you very much chair powell i now recognize myself for five minutes for questions. I am very appreciative of the explanations that youre giving, but all of the questions that we have about main street and other facilities each of them can keep the facility as an option in the futu future, and the guam governor urged it be made available to the territories. The Congressional Budget Office director and staff economist for president george h. W. Bushs n council of advisors said the mist try to me is the treasury using half a trillion d
We saw a push higher in the session when the governor of the bank of england toned down the speeches we have seen as of late when it comes to negative rates. We will see whether ultimately he has to deliver on negative rates. Apparently the mood music has improved on that for today. Politics when it comes to the btp markets, today we have seen a significant pushback for the Prime Minister against mr. Salvini in local elections. The market has taken that positively. Alix just to pipit off what i said earlier. The eu Leaders Summit is postponed as the eu councile president was quarantined. You had a Security Guard test positive. That Leaders Summit will be postponed. Movement in the market, the dollar jumping higher. Charlie evans says the fed could raise rates before inflation gets to its 2 target. Interesting to see we get that reaction before we get fed chair powell. You are all seeing Maxine Waters speak right there. Lets break down what to expect. Emily wilkins joins us now. Will th
Coming after yesterdays euphoria that is part of the momentum growth trade materials and industrials are the only sectors in the green. We have a few more ipos and awaiting more news on tiktok and oracle it will be busy coming up on todays show, mohammed elerian will join us on the on going stimulus stalemate and well speak with Jim Fitterling and shares of Cybersecurity Firm Palo Alto Networks up 80 from the march lows as companies boost protections for employees working from from home the ceo will join us to discuss that trend and much more lets focus first of all on the big stories youre watching. Mike santoli is tracking to days volatile Market Action we have the latest on stimulus in washington and sara has new reporting on the oracletiktok sag yachlt mi saga mike, markets down 1. 4 . The ive been heavy tape all day. We continue this process of sort of undoing that august overshoot to the upside. Ive been focused on levels that we saw back on august 11th thats about 3333 we closed
In asia. Ready to take on this challenge with their unique ideas to look at those 2 problems and make them one solution. To the. Valley this week on d w. Dollars have permanently closed microsoft says its stores around the world will not reopen after the Coronavirus Crisis. With 3 german majors making global headlines will round out for randolph whats been a wild week in frankfurt. And with many gigs around the world comes to a look at an invention that aims to help you feel the music. This is the do we have business on robots in berlin welcome along microsoft says its stores around the world closed because of coronavirus will never reopen the u. S. Companies permanently shutting all but 4 of its stores thats around 100. 00 outlets microsoft says its taking a new approach to return will invest in its online shops the 4 stores that wont be firmly closed will instead be turned into what the Company Called experience centers. Along this lets speak to our financial correspondent on wall st
Stuff. From politics to flash from housing boom boom time this is where. The 77 percent. This weekend v. W. Their doors have permanently closed microsoft says its stores around the world will not reopen after the Coronavirus Crisis. With 3 german majors making global headlines were around randolph whats been a wild week in frankfurt. And with many gigs around the world can sort well look at an invention that aims to help you feel the music at home. This is the do we have business on robots in berlin welcome along microsoft says its stores around the world closed because of coronavirus will never reopen the u. S. Companies permanently shutting 4 of its stores thats around 100 outlets microsoft says its taking a new approach to retail invest in its online shops the 4 stores that wont be closed will instead be turned into what the Company Called experience centers. Along this lets speak to our financial correspondent on wall street quarter welcome along yes so whats behind this decision f