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Transcripts For KTVU KTVU FOX 2 News At Noon 20240712

Reporter that meeting between the president and county and state emergency officials in california wrapped up just minutes ago. Emergency officials spoke and informed the president of the 20 night significant active wildfires that are currently bring across our state. As we know, those fires have claimed lives, destroyed thousands of homes and have left much of Northern California and really a lot of the metro areas across the west coast in a constant cloud of smoke and unhealthy air. It was against this backdrop that the present touchdown in in Northern California on air force one. He was at mcclellan park, a former air brace airbase where they landed. He wrapped up that briefing with state and county emergency official. Gov. Gavin newsom set to the right of the present and the tone between the two leaders was professional and crowded, the reasons be hind the fires are a political flashpoint between the president and some democratic governors and west pick drought like conditions and

Transcripts For CSPAN Federal Reserve Chair Powell News Conference 20240714

Chair Jerome Powell announced an Interest Rate cut for the First Time Since the 2008 financial crisis. Following the announcement, he took several questions from reporters. This is 45 minutes. Good afternoon and welcome. Today to lower the target for the federal funds rate by a quarter of a ofcentage point to arrange two and a quarter percent. The outlook for the u. S. Economy remains favorable in this action is designed to support that outlook. Againsttended to ensure Downside Risk, to help offset the effects these factors are andng the on the economy to promote a faster return of inflation to our symmetric 2 objective. All of these objectives will support achievement of our overall goal, to sustain for the benefit of the american people. We also decided to conclude the runoff of our securities portfolio rather than and september as previously planned. In september as previously planned. I will discuss the thinking behind todays Interest Rate reduction and then turn to the path forwar

Transcripts For CSPAN Federal Reserve Chair Powell News Conference 20240714

The outlook for the u. S. Economy remains terrible, and this action is designed to support the outlook. From weak Global Growth and to promote a faster return of inflation to our symmetric 2 objective. Objectives will support achievement of our overall goal, to sustain for the benefit of the american people. Conclude theed to runoff of our securities portfolio rather than and september as previously planned. I will discuss the thinking behind todays Interest Rate reduction and then turn to the path forward. As the year began, both the economy and Monetary Policy were in a good place. Below 4 ,oyment rate inflation had been running there are 2 objective for nine months. Our interestrate target was at the low end of estimates for neutral. Over the first half of the year, the economy grew at a healthy pace and job gains pushed unemployment to near a halfcentury low. We just have been rising for lower paying jobs. People who live and work and lower income communities telling us that many w

Transcripts For CNNW CNN Newsroom With Brooke Baldwin 20200914

we re waiting to see if the president takes questions. if he does, i ll bring that to you. the president s visit comes as tens of thousands of firefighters are working all around the clock to get these flames under control. in addition to the nearly three dozen deaths, dozens more are missing. millions of acres are burned and the weather could make it all worse. that is not the only severe weather threat facing the country right now. you have hurricane sally, which is rapidly gaining strength, it is slowly creeping toward the gulf coast. evacuation orders are underway in parts of louisiana and mississippi with hurricane warnings extending all the way to that alabama/florida border. let s start there, ed lavendera is live in new orleans to see how people there are preparing for the storm. but jennifer gray, i m starting with you, our cnn meteorologist tracking this hurricane. just bring us up to speed as far as where sally is headed and how strong it is when she makes landfall

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