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Ive been saying this openly. And they have lowered too slow. He took 25. Some people were hoping for 50. He did 25. Im not thrilled with the fed, despite that we have an incredible economy and no inflation. Chairman powells job is safe . Yeah it is safe. Sure, why not . You paused . I dont pause. He has a job, im disappointed in it. Im very disappointed in him. Neil the job is safe because the president cant fire him. Once appointed unless serious malfeasance or crime he is there, he is there for another couple years. Of course the president is free not to reappoint him. That is assuming the president is still in office to decide that. Former Treasury Department economist under president bush 43 David Beckworth with us. Obviously he is not satisfied with the quarterpoint move. He wanted more. We got data today to indicate maybe the fed was wise to make the quarter point ....
As always, we will take your calls and you can join the conversation on facebook and twitter as well. Next. Host this is a flag unveiling ceremony from earlier this morning at the pentagon as part of the events surrounding the 18 Year Anniversary of the 9 11 attacks. Washington, new york, pennsylvania. We will show you events not only from the pentagon. Later, events planned at the white house and ground zero in new york city. We will speak with key legislators about the state of Homeland Security and we will hear firm you hear from you on this anniversary. 2027488000 if you live in the eastern and central time zone. If you live in the mountain and pacific time zone, 2027488001. Starting today, you can text us your comments and thoughts. That text number, 2027488003. You can tweet if you want cspanwj. And on our Facebook ....
Of magnitude being reflected in other Asset Classes area we are seeing some pressure in the apprentice and the british pound. Boris johnson skipped an outdoor conference. Was notrg decided it going to happen and the Prime Minister delivered a press conference with an unmanned podium next to him. Boris johnson was meant to be there but wasnt. The pound down. 7 . Vonnie there is the potential to have market moving ripples. , 61 ait in crude oil barrel. More than 11 . S p 500 dipped below 3000. One third of a percent lower now. Oil companies and American Airlines. The 10 year yield was 185 and not going lower. The dollar is beginning to strengthen. Moving in the direction of not usually amplified by the oil story. Guy the story is the story today. Lets get more insight on the attacks on saudi arabia and where we go from h ....
Both sides did hold phone talks adding recent contexts dont have the significance that the president suggested. President trump and treasury secretary mnuchin were asked about that report and here is how they responded. I dont know what you mean by that low level, the vice premier is low level, i dont think so. What is the position of the gentleman who was quoted in the newspaper today . Came out with a very significant and we communicated the vice premier of china thats not low level. I agree the statement that was spoken before me was are you ware of the calls happening . President trump and his french counterpart Emmanuel Macron will hold a joint News Conference, perhaps as soon as half hour from now well see. When it is held, of course, we will go live to it a lot to digest this morning i guess first thing i would share to you to bring it back to the markets, making my ....
The markets in positive territory in europe after that good news off the back of the 620 summit between the us and china. And cashing in on the multi trillion dollar Global Education market well be talking to one firm that works to get students into top universities in the us and uk. 90 thats how much people here in the uk splash out on average on a night out. Today we want to know how much you spend when going out on the town. Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. 6lobal oil prices have surged after iranjoined Top Producers including saudi arabia, iraq and russia in saying it would support extending supply cuts in a bid to push up prices. The oil cartel 0pec is meeting in vienna today to make a final decison. Its expected 0pec will roll over supply cuts of more than1 Million Barr ....