It also says it will purchase additional treasury assets as part of an accommodative policy. It repeat language from previous statements, where it sol it will use the full range of tools to support the economy the statement says weak demand and oil prices are holding down inflation, but the path principally depends on the virus. It says it poses considerable risk to the mediumterm outlook. There were two dissets, from the dallas and minneapolis fed, differences in what they wanted. Capellan wanted more flexibility. Let me tell you about the outlook for gdp. They actually dramatically well, they were looking for a 6. 5 gdp decline, now looking for a 397 decline they were looking for nine and change, now looking for 7. 6. Ill go directly to the actual table here and put my glasses on, and tell you what it says here inflation they have upgraded from 0. 8 to 1 mounta. 2 there it is, folks the path of policy 0. 1 for 2020, 0. 1 for 2021 0. 1 for 2022, and drumroll, please, 0. 1 for 2023 the
Crowd at royal portrush. How do our gardens grow the economy . Visits to parks and gardens like this one in cheshire add 3 billion pounds a year to the countrys gdp but could more be done to boost garden tourism . Good morning from Beckenham Hill park home to the newly opened wild swimming venue where temperatures will soar for some swimming venue where temperatures will soarfor some up swimming venue where temperatures will soar for some up to 35 degrees and for some, wont fall lower than 25 degrees at midnight tomorrow. I will have more info ten minutes. Its monday the 22nd ofjuly. Our top story. Its the final day of voting to decide who will be the next Prime Minister jeremy hunt or borisjohnson. Conservative Party Members must make sure their ballot papers are submitted by five oclock this evening. The winner will be announced tomorrow. Lets get more from our political correspondent, jonathan blake, whos in westminster. We are going to have to wait. I suppose the question is, can y
Since President Trump and president xi met at the g20 last month. The uk ushers in its new Prime Minister, but can it get brexit back on track and your stockof the day snapping back. Shares of snapchat roaring in premarket trading. Could it be a sign of better times ahead for evan spiegel and the Company Overall . Its wednesday, july 24th. Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange. Im dominic chu in for Brian Sullivan we have Team Coverage on all the manger sto major stories impacting markets. Ylan mui has all things big credit technology. Patrick palfrey is on set with me digging into the earnings story and eunice yoon will have the latest on the u. S. china trade talks. We started in ylan in washington with big tech and the juscrutiny they face. Reporter the review will scrutinize online leading platforms to see if they are harming consumers. In a statement it is said without the discipline of meaningful market based competition, digital platform
Happened. They did about speak and answer questions. Attorneys say the pair definitely feel vindicated. Denise huskins was kidnapped march 23. She claimed she and her boyfriend were tied up and drugged and the kidnappers drove there her parents home in Southern California. Police came out and said they thought Denise Huskins made it up, the kidnapping never happened. That was had last we heard about the case till this morning. The arrest of a man named Matthew Muller. The person behind the kidnapping. They told the Vallejo Police department this was real. Within hours the Police Department said it was a hoax and she owed an appall edge to the public. Well, today the Vallejo Police department owes an appall edge to Denise Huskins and mr. Quinn. Reporter how did investigators find Matthew Muller . Last month he was involved in a Home Invasion robbery. He broke into the home, the couple wasnt hurt and he got away. Investigators say he made a mistake, left his cell phone behind inside the
Single one of its accounts was hacked the ceo of Palo Alto Networks will join us to talk about what can be done to stop these security breaches. Protecting our Financial System from hackers. Bank of americas chief operations and Technology Officer will also join us. Talk about what moves shes making to keep customer accounts safe in fact, kathy was just named the most powerful woman in banking for that reason. Shell join us coming up here. Looking forward to that but first, puerto rico bonds plunging after President Trump plenged to wipe out the islands debt following the devastation kautzed by Hurricane Maria we have to look at their whole debt structure you know they owe a lot of money to your friends on wall street and were going to have to wipe that out thats going to have to be you can say goodbye to that i dont know if its Goldman Sachs, but whoever it is, you can wave goodbye to that. That was last night then this morning, his budget chief mick mul vany tried to walk back some o