too. ten-year well above 1.8% and 1.822. a developing story from china with big implications for u.s. companies the financial times reporting that the communist party now ordered all state offices to remove foreign hardware and software within three years. this could hit firms like microsoft and dell, hp, especially hard. now analysts estimate 20 to 30 million pieces of foreign equipment would need to be ultimately replaced. the order is not yet public yet but was described to the ft by two cyber security firms so this is going to this is like the fallout from huawei this is the fall-out from huawei everybody out of the pool at one time think about microsoft and by the way one of the names not on the list, apple. interesting where is apple? apple doesn t do a lot of enterprise work in terms of corporate maybe not government. maybe not government work but. more of a consumer play i don t know. i was thinking about that this morning. where apple plays in
it s going to be a very big week for politics and money. today, another impeachment hearing is being gavelled to order right now. there s talk of an impeachment vote by the end of the week. also today, the inspector general s report on what the fbi and doj were up to around the 2016 election. wednesday, the federal reserve holds forth on interest rates. after that jobs report, very few expect rate cuts. thursday, britain s general election. boris johnson, that s britain s donald trump, expected to beat socialist jeremy corbyn. and by sunday, we should find out if more tariffs are going to be imposed on china. any of those stories could move the market. then there s peloton. the young woman in the now famous ad has found new life advertising gin. personally, i think that exercise bike will be one of the holiday s biggest sellers. we shall see. get this. monday, december 9th. three weeks to the end of the decade? varney & company is about to begin. stuart: the young lad
the watchdog found also that the fbi misled the fisa court by suppressing information about how farfetched the antitrump steele dossier was. how the clinton campaign got it and likely leaked it. how fusion gps paid christopher steele to talk about it and discuss it with the media and much much more. let s take you to impeachment. more fireworks at the house judiciary hearing today. the media now says the democrat case not ready. democrats are quote rushing into failure as now house judiciary chair jerry nadler joins pelosi and schiff saying president trump must be impeached or the 2020 election will be undermined. and more credibility problems. we found yet another democrat key expert, mentioned about 20 times in the impeachment report, he said that trump should be impeached. he said that on inauguration day. we have more republicans now saying two thirds of the house judiciary democrats had already voted to move forward on impeachment even before nancy pelosi announced the i
median the long one remains unchanged at 2 1/2%. the economy is very much the same as it was in fact, i don t have any changes at all economic activity rising at a moderate rate. job gains solid on average unemployment rate remained low the only weak spot there and inflation running below the fed s 2% target. the fed used to morninger global developments and inflationary pressures. those two things animating fed policy, very much on its radar there in terms of what is behind or motivating policy right now finally, a little bit on the unemployment rate. they lowered the unemployment rate forecast to 3 1/2% from 3.7% and in the long run, down to 4.1. that s a sign that the fed at the current rate is willing to tolerate a lower unemployment rate that s a number that ases now over the years has come down and down and down. tyler? i ll pick it up from here, steve. no, it s okay do not worry about it, listen, man. you got your hands full there. i love these word counts, back
pulled that into this. treasury, we want treasury to be able to have the cash that it needs and we are essentially taking that to our work. there may come a time when we talk about that. i think we are more focused, frankly, on the bill purchases the year end and review of supervisory and regulatory issues that we re digging into and we think these are structural things, right just allow the liquidity that is already there to flow more freely perhaps by making fairly straightforward noncontroversial changes. we think there is some of that if they take role changes, it will take three months and things like that these things that we re working on now, like going through year end with the overnight facilities and the bill purchases and the term repo, those are things we have to do right now and are doing. chris hi. i wanted to ask the only change in the statement was a drop in the reference to uncertainties around the economy you seem very confident or it implies there s