While. I think the fed can get down to their 2 target. They havent lost confidence or gained conference at just confidence. It will be interesting to see if they are successful getting inflation down to 2 . We are not through this inflationary challenge. This is bloomberg surveillance with jonathan ferro, Lisa Abramowicz and annmarie hordern. Jonathan the third era bloomberg surveillance begins right now. Because up before im cut off, lets get you to the weekend. Were almost there. Futures are positive bite. 1 . If the happiest ive seen lisa all week. Lets go to the calendar, tuesday bank of japan decision, wednesday the Federal Reserve. How does what weve learned this year inform what will happen next week . Should we start for japan looking at Wage Negotiations that are looking good . Lisa it might be a huge market catalyst because Wage Negotiations came in hotter than expected. You are seeing an open door for the bank of japan. It sets up the fed well because we are talking at high
Thank you, are there any other members of the public for general Public Comment . Seeing none, Public Comment is closed and we are adjourned. [gavel] good afternoon everyone and welcome to the San Francisco board of supervisors meeting for tuesday, april 25, 2017. Mdm. Clerk please call roll call thank you read present, cohen, present, farrell, present, fewer present, kim, present, paskinjordan present, ronen present, safai present, genji present, tang present, yee present. Mme. Pres. All members are present. Thank you ladies and gentlemen please join us for the pledge of allegiance. [pledge of allegiance] b thank you everyone. Mme. Clerk any communications . I have none to report colleagues any changes to the march 14, 2017 Meeting Minutes . Seeing none, is there a motion to approve those minutes . Moved by supervisor farrell. Seconded by supervisor tran view. Colleagues can we take that without objection . Without objection those Meeting Minutes will be passed after Public Comments.
York and onceew again, a series of negative headlines. Is point around north korea that they say they have successfully tested a Hydrogen Bomb. With north korea, it is very hard to vera why the facts. To verify the facts. Guy it reduces the size and increases the yield of the device. As a result, maybe one step further forward to them being ale to put a device on missile and hit targets around the region. Another reason for global instability and regional instability. Which is more significant this morning, another geopolitical event or another market event . The chinese once again letting their currencies slide a little bit further. In august, that huge move. It just looks like a blip now. Risk,an north korea tail nuclear. Weaker fix. N, a we talked about manufacturing numbers. Theas been offset by Services Data. That is going to be a concern for a lot of people if that is not a oneoff. Guy we will talk about that later. Mohamed elerian lays out some of the risk. Investors are going t
Were going to be filling our first Tropical Storm force winds here. All of them are doing the same thing, where does it happen . You notice this northwesterly jog and then it gets stalls out and makes a little bit of a left turn before eventually going ou out. Does that happen right on the coast, right off the coast, may be just inland . We still cant say, really big different impacts based on what ends up happening with that. One case as it stays out until water and stays as a very strong hurricane and shredding the shore for over a long time. The other option as it moves in land and would weaken faster which would certainly be in some ways good news. However you slice it, everybody here is going to get incredible amounts of rain and really problematic. This is thursday afternoon, friday afternoon location, saturday afternoon location. It doesnt move much at all. You have a hurricane right on the shores of there for a couple of days. Were going to see rainfall totals pile up. In addit