the prices down. first, what more can we expect with this decision from from the fed next hour? bottom line what does it mean for american families? reporter: i think hearing from powell will be highly scrutinized. i think economic projections. we will hear how fed officials are feeling about the state of our economy, not just right now but also for years to come in terms of things like gdp growth, inflation for sure. also unemployment, the battle of the bar here for short is interest rates. if you take a look at interest rates over the last few years, you can see they were pretty much at zero during the pandemic as the federal reserve tried to encourage borrowing and spending. now rates are on the way up. the first hike was in march. then we saw rate hikes last may, last month. we know they are on their way up. i think what s parent to know is there is wide consensus there is much more ram to go in terms of where we see notes go. we put out a note yesterday ultimately it e
WHEN we speak of the marginalized, we speak of women, the urban poor, workers, the rural peasants, the Indigenous peoples, the elderly and children. And with the legally sanctioned distortion of the party-list system, we now even include regional groups such as Ako Bicol, and religious groups that are hiding under some social advocacy among those who are supposed to be marginalized and underrepresented in Congress.
consumer is the one who is paying. right. exactly. we ve reported that domestic oil production, if it s a supply and demand issue, domestic oil production isn t as high as it was pre pandemic. why aren t these companies producing more oil right now? reporter: two reasons. firstly, they ve shut down because of the pandemic and secondly, they ve shifted away from fossil fuel and refining because, of course, the future is clean energy. now we are turning around to those same companies saying would you minds ramping up that nasty oil refinery that we actually asked to you close down or not do much with in the past. the oil companies and particularly the oil explorers, those digging and pulling out the non-traditional, the shale oil. they have been so badly burned in the past, boom to bust. price goes up, they all go in. the pace collapses, they go bankrupt. so the industry overall is very