We got a boost from the bank of england a little early around. We will hear from the governor in just a moment. The cable rate, 1. 31. Keep an eye on the critical lines in the sand as we come through tomorrows session. We are starting to see yields a little bit higher here in europe today. A little bit of stabilization may be in the bond market after yesterdays big move, but a much flatter curve. Lets dive into the bank of england decision to boost its bond buying program. 150 billion, a little bit of a surprise. The market was expected 100 billion to be added to the program. Why the bigger number . That was the question i put to the governor. Gov. Bailey i think that was what we learn from our earlier experiences with covid. It is important that we act both quickly and that we act clearly in scale. That was an important consideration for us. The second thing is that we have to meet the inflation target sustainably over time. So a lot of work we did on our forecasts, employing the pers
Weather. We need 4 more years of president john old truck. Hear stories president mike pence makes his case for President Trumps reelection look ahead see what were expecting on the final mights of People Public and national convention. And they use Justice Commissioner considers taking legal action against cypresses efforts to sell citizenship a special report from al jazeera investigative units nonfan how much now have all the sport sports teams across the United States boycott matches as they protest against Racial Injustice following the Police Shooting of a take a break. Well our top story this hour a step toward closure for relatives of the victims of the worst mass shooting in new zealands history the gunman. Who killed 51 muslim worshipers last year was sentenced to life in prison without parole present terences the selfconfessed points a premises who was responsible for attacks on 2 mosques in christchurch when he has this reports attached after a harrowing emotional 4 days in
Authorizing highway, bridge, aviation, and waterway projects. Members are working on 170 amendments. They plan to complete work on those amendments around midday today. That will be followed by a vote on final passage of the package. Live coverage now here on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. Loving god, thank you for giving day. Other we ask your continued protection empowerment of those who tend to the sick and those who medical solutions to this dangerous pandemic. The work of the house these last few days to votes. Wo upport for the department of agriculture. During these times Food Production and delivery and the many e been among challenges facing our nation. Whatever the particulars of this may it proceed through the legislative process ultimately help the benefit of all americans. We ask, also, your continued protection and empowerment of hose who live heroic lives d
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Anymore. A lot of Global Markets are closed or for boxing day. Uk, germany, france, australia, italy and hong kong. I say it every year. Boxing day has nothing to do with boxing as a sport as a child, i always thought that u. S. Futures, we have some green arrows dow looks like it would open up about 30 points higher 10year note opening about 1. 97. New this morning, china says it is in close touch with the United States on signing a phase one trade deal both sides are 12i8 going through necessary procedures before signing despite progress on trade, tensions remain. Meantime, saying the phase one trade deal is, quote, an enormous step in the right direction. It is coming. It is coming it is done in your mind what we are going to get is what weve gotten. Phase two, i wouldnt think about it again like ever, ever no. Let it go. Gone for good oregon for the election . I think you need a change in leadership of china before we see anything significant even if trump wins in november of 2020,