21st century and im christiane washington heres whats coming up today. Likes of which we have never seen before i did this despite a near Record Number of rate increases and quantitative tightening by the Federal Reserve since i won the election 8 increases in total which were in my opinion far too fast an increase and far too slow a decrease. By continued tax from president the Federal Reserve has signaled that it will not flush Interest Rates again this year barring a serious answer that haha was done by mccain lend us a hand full day of the breakdown the feds plan and how the economy may fare during the Holiday Season. In the wake of the we want to Venture Capital is looking to safer investment for returns on their spending investigative journalist than one is back today to show us the fanfare for Silicon Valley and whether hes been a. And i just a fairy tale and later we take you to new york city where streaming has managed to save a movie landmark in the big apple but what consequ
Interest rates in the coming months comments came here which took place during an address to the Greater Providence chamber of commerce in rhode island come as the fed has cut rates by a quarter percentage point 3 times since july of this year the fed chair said policymakers are focused on meeting inflation goals adding it is essential that we at the fed use our tools to make sure that we do not permit an unhealthy downward drift in Inflation Expectations and inflation we are strongly committed to symmetrically and substantially achieving our 2 Percent Inflation objective so that in making long term plans households and businesses can reasonably expect 2 Percent Inflation over time pauls comments come just 2 weeks before the next fed policy meeting which takes place december 10th and 11th now kristie i wanted to ask you the question why is this 2 percent Interest Rate so important a Federal Reserve chairman jerome paul so essentially the fed was created. With 2 mandates they have to do
Save a movie landmark in the big apple but what consequences could this have for the Film Industry as theaters and production mergers arties Trinity Chavez is on the ground in new york to bring us the latest on netflix to dive into the screening sector we have a lot on board today so lets get right to it. You noted states Federal Reserve chairman powell on monday insinuated that there would be no changes in federal Interest Rates in the coming months powells comments came here which took place during an address to the Greater Providence chamber of commerce in rhode island come as the fed has cut rates by a quarter percentage point 3 times since july of this year the fed chair said policymakers are focused on meeting inflation goals adding it is essential that we at the fed use our tools to make sure that we do not permit unhealthy downward drift in Inflation Expectations and inflation we are strongly committed to symmetrically. And that substantially achieving our 2 Percent Inflation o
Policymakers are focused on meeting inflation goals adding it is essential that we at the fed use our tools to make sure that we do not permit an unhealthy downward drift in Inflation Expectations and inflation we are strongly committed to symmetrically and substantially achieving our 2 Percent Inflation objective so that in making long term plans households and businesses can reasonably expect 2 Percent Inflation over time pauls comments come just 2 weeks before the next pred policy meeting which takes place december 10th and 11th now kristie i wanted to ask you the question why is this 2 percent Interest Rate so important Federal Reserve chairman jerome paul so 6 essentially the fed was created with 2 mandates they have to do a man is which is one to maximize employment and the 2nd one is to stabilize prices for consumers for businesses so that as i 5 said that these guys they can expect what what they need to spend in the coming year. So by setting an inflation goal of 2 percent is
In the autonomys region of bhutan feel are going to the polls to vote on their independence. Im nick spicer thanks for joining us. Colombias government has ordered a curfew in the capital after widespread protests across the country against planned pension and labor market reforms several people have been killed in clashes in the last 2 days now the countrys president is calling for a National Conversation in an effort to calm things down. More clashes in bogota a 2nd day of widespread protests while Police Used Tear Gas in the alleyways thousands gathered in front of the National Assembly before that protest was broken up to the demonstrations are hard to categorize as left wing or right wing people just seem fed up with the conservative government of president even. Your deputy then ill tell you why i voted for him but im saying to do cant show your face brother dont allow there to be another drop of blood let me show your face mr president but he didnt pay later in the day do kate d