9 30 tomorrow so those watch tragic, good morning. As with past virtual lectures there will be time of the talk for our guest to answer any questions you might have. Feel free to ask a question by clicking on the q a icon and split them there 0 or vote for other commit submitted questions. Id like to introduce thomas bowman, class of 2013 who we introduce our spending are foe the evening. Thank you, jeremy. Steven farnsworth is professor of International Affairs and director of the center for leadership and media study at the university of Mary Washington. The coauthor or author of send books and a 201 recipient of the virginia outstanding faculty award from the state council of Higher Education for virginia. In addition, dr. Farnsworth has won three campuswide Teaching Award at Mary Washington. The alum anytime Association Outstanding young factually member bar. The married Teaching Award and the richard poll mary outstanding award. Dr. Farnsworth, american studies at umw has caught t
The haze and the fog. 50s everyone reporting clouding to mostly cloudy skies. Oakland and san dont see that all the time. Smoke for alburns off recent times. Wind this pick up later once the fog burns off. As far as i can see, a fog bank that we carried over to september 1st. Hazy skies today, morning fog, a little temperature changed. Big temperature change not until the weekend. Morn 10 minutes, temperatures except for livermore below average. Over to the sound emma picking up the bay bridge, still the case, you want to start there. I will start and san jose, steve, i will show the total times unless it is very rare i dont. Your right about that. I want to start with the san jose thing, we are finding out of a deadly accident southbound 880 at the old bayshore offramp where but the arrow right there. Not affecting traffic all that much, there will be a scene along with the corner coming up southbound 880, we are investigating that. Otherwise in the south bay we are doing okay, this g
Private sector economists, and members of the news media for this annual gathering. As you well know, it has been our custom for nearly four decades to welcome you to beautiful jackson hole, wyoming, part of the regions served by the kansas city fed. And i look forward to returning to that setting next year. With this years online format, instead of expressing my gratitude to those who travel from around the globe to attend this symposium while managing jet lag, i will offer my appreciation to those attempting to manage local time zones with the current time no ranges from 6 00 a. M. Thursday to 1 00 a. M. Friday. This year has been an extraordinary one for Monetary Policy and central banking. Many of the issues that we talked about for some time, including the low level of Interest Rates, slower case of growth, effects of heightened uncertainty, and how to effectively communicate Monetary Policy, have been amplified by the economic fallout of the pandemic. For more than a decade, it h
Kansas citys economic symposium titled, navigating the decade ahead. Implications for Monetary Policy. Name is esther george, president of the kansas city fed. Im pleased to be joined by Federal Reserve chairman jay powell as well as many of my colleagues from the Federal Reserve and by other central bankers, academics, public and private Sector Economists and members of the news media. Foras been our custom nearly four decades to welcome you to beautiful jackson hole, wyoming, part of the region served by the kansas city fed. Returning forward to to that setting next year. Format, instead of expressing my gratitude to those who travel around the globe to attend the symposium while managing jet lag, i will offer my appreciation to those attempting to manage local time zone where the current time now ranges from 6 00 a. M. Thursday to 1 00 a. M. Friday. This year has been an extraordinary one for Monetary Policy and central banking. Many of the issues that weve talked about for some tim
Laura. Jim, one of those every now and then we get a day that is truly consequential and that certainly fits at least the expectations for powells speech. I wish that we hadnt come in so hot when you have a company that gains 50 billion in one day, salesforce, when you have a tremendous number of nasdaq stocks that have just kind of out of control to the upside you dont want to have anything that could disrupt that i think its heightened, im glad were covering every minute of t david, you know that this is a day that we would normally be talking about abbott labs and talking about the mysterious tiktok mayor issue which are both huge stories but we have to defer to jay powell. We do we have to defer to powell we have to continue to understand what the fed Balance Sheet will look like with that 3 trillion thats been added to it which is a staggering sum, guys jim, your point is well taken. Yesterday salesforce i have rarely seen anything like that move, yes, they were extraordinarily st