While maintaining the price of Economic Growth . This is bloomberg surveillance. Im mark barton. We have headlines from the ecb. It says debt sustainability concerns have risen in the last six months amid a potential increase in yields. The ecb says risks to Financial Security stemming from Financial Markets remains significant, mainly because of the possibility of a rapid repricing in Global Fixed Income markets. It says an abrupt repricing could materialize because of spillovers from high yields in advanced economies, in particular te advanced economies, in particular the United States. The fed has raised rates twice since last year and policymakers are predicting two more in 2017. Unconventional stimuli are moving close, the officials caution that in the light of inflation and Global Economic risks, qe must be unwound gradually before higher borrowing costs should be discussed. We will speak with matt miller about this. A quick look at the markets today. The stoxx 600 is up by 1 5 o
The deal he this number pivotal ahead of tomorrows opec meeting. P. M. , the twoyear had a did to cover ratios yesterday, the highest in a year so watch the option. , whent the fomc minutes it decides to leave rates on home. How does the Balance Sheet pay into that . Robert kaplan and Neel Kashkari will be speaking. David it turns out china has a lot of debt. We may have known that before, but it is official overnight. They downgraded chinese debt for the first time in 30 years. The Senior Vice President had this to say about the decision. Be a gradualto erosion of credit metrics. We are looking at the policies the government isnt lamenting. The authorities have recognized the risks with high leverage and have a very broad structural reform. We think that counts to the point where leverage will increase more slowly than it has in the past. Still, these measures will not be enough to reverse the increasing leverage. David joining us now is chief economics correspondent for bloomberg. It
Thirst for the extraordinary. Aah perrier. Put more fun in your day with icecreamflavored coffees at dunkin donuts. Go for delicious flavors like butter pecan, cookie dough, or new pistachio. Enjoy one today. America runs on dunkin. A young boy makes a disturbing discovery. His parents dead inside their home in new jersey. Hello, im joe torres. Im sandra bookman. The first day of spring brings with it a winter storm. Road workers are preparing to tackle the snow but its people on long island who can expect the brunt of this storm. Meteorologist jeff smith is tracking it all. Hes here with details. Lori, it is on long island where we have Winter Weather advisories in effect. They start late tomorrow afternoon. Extreme eastern parts of long island, by the twin forks especially a winter storm watch late tomorrow afternoon through early monday morning. We missed one system sliding off to our south today although southern parts of ocean county probably did see a few sprinkles but thats movi
Saudi arabia. Early reports find 310 have died and another 450 are wounded following a stampede. Those numbers according to the countrys Civil Defense directory. Happened during the annual haj pilgrimage. Millions attend the sacred gathering every year. At this point the number of injuries are reportedly rising as crews continue operations. This is a developing story. Well have more information as it comes in. In the meantime a day after pope francis came face to face with americans to the leader of the free world to the streets. There have been 266 popes in world history. Just 17 since the United States was founded. In just a few hours, francis will be the first pope ever to address a joint meeting of congress. Then it is a blessing of a meal for Catholic Charities before leaving for new york city. 5 30 p. M. Eastern hell lead prayer at st. Patricks. And the yesterday, francis riding down constitution avenue, smiling, waving. At one point sophie cruz, the daughter of undocumented work
And when you vote on monday, heres what my call to you lead, dont follow. Lead, dont follow. Dont just follow what, you know, all the folks want to talk about and what the interesting dynamics of the race are. This entire race, every interview i do on national media, do you know what they want to talk about . Polls. All they want to talk about is polls. Nobody wants to talk about issues, nobody wants to talk about solving problems, nobody wants to talk about how we are going to make america a stronger country. Everybody wants to talk about polls and polls drive attention. Attention drives polls and we have this vicious cycle where no ones talking about the big problems that confront this country. Well, you in iowa know better. Youre looking for the person who should be president. Thats your job. Your job isnt the same job as people who, you know, are from some of your bordering states. From illinois, for example. By the time the race comes to illinois, there will be two or three candid