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Sterling in just a few minutes. And of course, the u. K. As well, where weve seen quite a volatile quite a lot of volatility. A little more than we expect it for labor turnover, 7. 2 6 7. 26on billiard million. Now for the extrusive interview. Kathleen i want to welcome our bloomberg audience for this interview with Robert Kaplan, president of the Federal Reserve bank of dallas. It is a windy, rainy day. Clyde you could make it over here. Interesting because you made it clear you are a voter next year. Lets put that on the table. Youve made it clear you are one of the 13 fomc members. You must be one of the dots that sees no rate cuts, no rate hikes unless something happens in 2020. What has to happen . Robert there has to be a Material Change in the outlook, either for better or worse. Ive already got baked into my out ....
Could hurt economic progress. There was also some discussion of alternative framework on the committee. This is important because president John Williams of San Francisco has been pushing for consideration a price level targeting or an alternate inflation regime as the fed deals with zero lower bound policies Going Forward. There is some note they might drop Balance Sheet language in future statements. Much,t thank you so reporting from the federal reserve. Joining us with more insight on austan policy is goolsbee, a hazard economics at the university of Chicago Business school. A former chairman of the u. S. Council of economic advisers under president obama. Great to speak with you again. You heard from jeanna ....
Mark dayton announced he chose tina smith to fill senator al franken seat until the november election to complete the final two years of senator frankens term. We will likely hear remarks about senate designate tina smith on the floor of the senate today. Live coverage of the u. S. Senate here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Our father in heaven, thank you that our lifes pilgrimage is a process and discovery. Open our eyes today that we may see wonderful things in your precepts, gaining wisdom from your word. Help our lawmakers to strive to ensure that their thoughts, words, and deeds will please you. Today, we surrender to your providence, trusting you to order our steps. Lord, teach us to illuminate our world with the wisdom of your divine insights so that your will may be done on earth. Transform lifes deserts so that they blossom like roses. Bring United States , Clarence Thomas , Tom Wheeler , Scott Brown , Jim Webb , Doug Moore , William Wyden , Doug Jones , Doug Jone , Jason Smith , James Madison , Don R Willett , Ted Kennedy , Tina Smith , Al Franken , Smith Floor , Floor Senate , Pro Tempore Senate , Tempore Senate , Will May , Flowing Springs , Flag United , Liberty Justice , Week Senate , Circuit Court , Circuit Court Judge ,