What if its the coolest year of the next 100 . Carl sagan said years ago that we live in a highly scientific and Technological Society were very few people understand the science of technology. Thats kind of where we are today with climate change. Climate is always warming, the major cooling periods like the ice ages were triggered by mass you can is watching this program on our cspan now video app. Homeland security secretary Alejandro Mayorkas and General Services Administration Administrator Robin Carnahan cohost a News Conference on using Inflation Reduction Act funds to better equip the Homeland Security department. We are thrilled you could join us today as we share exciting news including the announcement of additional funding made possible by the signing of Inflation Reduction Act and a new memorandum of understanding on sustainability and Building Construction and decarbonization by the local utility. Todays program will begin with remarks by Robin Carnahan, secretary mayorkas
Unfiltered, unbiased, word for word. From the Nations Capital, to wherever you are. This is what democracy looks like. Now, Homeland Security secretary mayorkas speaks at a News Conference as part of the inflation act signed into law. Sec. Mayorkas announced eight 300 million project. Alejandro mayorkas and General Services Administration Administrator Robin Carnahan cohost a News Conference on using Inflation Reduction Act funds to better equip the Homeland Security department. We are thrilled you could join us today as we share exciting news including the announcement of additional funding made possible by the signing of Inflation Reduction Act and a new memorandum of understanding on sustainability and Building Construction and decarbonization by the local utility. Todays program will begin with remarks by Robin Carnahan, secretary mayorkas, and others. I would like to thank the executive latrine owens. We will take a quick pause then have the signing of the mou. Administrator carna
Alejandro mayorkas and General Services Administration Administrator Robin Carnahan cohost a News Conference on using Inflation Reduction Act funds to better equip the Homeland Security department. We are thrilled you could join us today as we share exciting news including the announcement of additional funding made possible by the signing of Inflation Reduction Act and a new memorandum of understanding on sustainability and Building Construction and decarbonization by the local utility. Todays program will begin with remarks by Robin Carnahan, secretary mayorkas, and others. I would like to thank the executive latrine owens. We will take a quick pause then have the signing of the mou. Administrator carnahan . Adm. Carnahan thank you very much and thank you for being here today and for all of your leadership on this. This is a great example of the Biden Harris Administrations commitment to investing in america and we are doing that investment right here at Saint Elizabeths the home of
Though she is heartened by the strong employment numbers on friday. And expects over time inflation to be back to 2 target, but shes in no particular hurry. The real risk because of china and slack in the economy, the real risk for inflation is to the downside. Stan fisher not speaking directly on current monetary policy. But does he drop this one element here saying he has seen possibly the first signs of an increase in inflation. He goes on to an even more academic speech where he says the natural rate or the equilibrium Interest Rate may rise only gradually. Rates will remain low by historical standards to the future. He said Central Banks have options at the zero lower bound, pushing back against people who say that Central Banks are impotent now given were at zero an used qe at negative rates. The fed he says may face more instances of zero rate conditions given that underlying growth is lower. Finally, he says stabilized Energy Prices will ultimately show that Lower Oil Prices ar
Since november. The catalyst, some pin the it on investors taking a more optimistic view yesterdays moves by the European Central bank to cut rates and expand its stimulus program. Others by contrast say it was a report that helped lift oil to its highest price since december. More on that in a moment. Whichever one you choose it was a good day for stocks. The dow roles 218 points to 17,213. The nasdaq gained 86. The s p 500 rose a big 32. As for the week, the dow and s p added roughly 1 , the nasdaq a little less than that. Oil got that lift today following a report by the International Energy agency which said that prices may have hit a bottom. As a result, domestic crude finished up nearly 2 to 38. 50 a barrel, the highest level since december, a 7 gain for the week. Jackie deangelis tells us what the iea sees. The milliondollar for question for oil, have prices bottomed . The International Energy agency said today its possible. The report citing reduced output in the United States