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1 outperforming up a full point. 75 10 year yeild nearing basis points out of safe haven treasuries. 2 . Ollar up approach torelaxed inflations. We will seek to achieve inflation that averages 2 over time. Will achievecy some time. R prof, what do we still need to know . It was powerful and important. Not trying to. Low the ecomony down experienceecade of unemployment. We will take more of a back seat. It even overshoot inflation . Fed wills where the go. Before weation down get to the 2 . Is hot . That is what they arent going to tell us. They dont want to be constrained. Rt japan. Ference countries acted too quickly. Of gdp and is going much higher. Thatdont want to get in situation. Thatwant to go higher and means we will get to the 2 average, which might mean target. N above the 2 are you concerned valuations are getting too extended . The fednk some of it, liquidity support was important to avoid the market disfunction. Sell treasury securities they will sell everything they can. ....
This half hour how could with 19 will mean higher costs and longer production times for the movie business. Who begin in brussels where e. U. Leaders are meeting for an extended day to hammer out their budgets and a coronavirus bailout package the budget is an unprecedented amount of money about 2. 00 trillion u. S. Dollars look at all those zeros that includes 857000000000 to help countries recover from the pandemic but the leaders can also agree on how the funds should be distributed to countries who need them the most live now to any barker who is following that story for us this half hour so neve is it beginning to look as if no ones going to blink 1st and say yeah we can all get go with this and get on to the same page. Well i mean thats the hope. In the last 20 minutes or so the austrian chancellor suggested that he did feel that some progress was being made and the possibly by the end of the day this the 3rd day of talks they might well be in agreement but all of that is very mu ....
Killed a top iranian general earlier this year and a warning from activists in the pandemic and lockdowns of putting women at risk. So that a you may sing in brussels thats still going on and even with the Global Pandemic and everything its brought there is still no consensus over how europe deals with the economic fallout they deserve into the 3rd day of meetings to hammer out a budget and a coronavirus buyout package and just so you know the kind of numbers were dealing with this one for a start 2. 00 trillion dollars that is the European Union budget and on precision to now and then within that number youve got this 1857000000000. 00 which is taught in significant in itself that is to help countries recover from the pandemic but that is also where the divisions begin on the one side you have for socalled. All countries who favor loans rather than straight out grants are e ....
That they had some but not light up a lot of locations. Santa rosa only had one third and 38, every reporting station thing light rain except santa rosa bid 40s for the temperatures so it is a cool day to the north of the golden gate far less rainfall into the south a lot more. There could be embedded thunderstorms and the snow will continue all the way through most of the day and is sierra and there is snow and the hills and we had to wait until daylight to see but the radar indicates that it will keep temperatures well below average today as the load drops south. And Sal Castaneda is here and it usually causes some busyness. Southbound 680 there was a stalled car that maybe hit the guardrail, not sure but it is blocking the fast lane and you can see traffic is slow there it is. All of the slow traffic coming out of lessons and. And as we look at the rest of the bay area commute it seems lighter than usual and i will have a comple ....
Cover to the north. Major once you get on to the its close to santa clara that span. Traffic is backed up for. Looks to be the extent of it. The volume is not there. It looks a little better than Sal Castanedas here now. Normal as you can see. A couple of issues. Were starting at the bay 80 is looking pretty good. San mateo bridge is busy. Bridge because we do see some slow traffic there. We do have traffic thats dunbarton bridge is not. 6 32. Backed up for 15 to 20minute lets go back to the desk. Delay. Well, were waiting now to its not unusual but some other get more information about todays plan for thousands of cutes are lighter. Passengers still on the grand and on highway 4 that is a princess cruise ship docked at oaklands outer harbor with little unusual light coming in passengers confined to their rooms because of concerns about pittsburgh to concord just a little bit of slowing 680 looks the coronavirus. Ktvus allie rasmus ....