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It still remains a traffic jam. Were at greenbrae at sir Francis Drake and lacuesta. Its going to be a mess for a while. Live in greenbrae, wayne freedman, abc7 news. Thank you so much. Lets take another look at sky 7 over the scene here to hang on for just a moment. Were trying get back to that live picture. If not, well move on. You can see the car involved in the chase badly smashed up. Investigators trying to piece together exactly how the whole thing went down. This is a live picture from our sky 7 helicopter. And we will continue to monitor this story throughout the evening for you and bng you any new updates and developments as soon as we learn of them. Now, though, to our other top story, a woman is dead after being shot and killed in dublin. Her exboyfriend opened fire, he says in selfdefense after she and another man showed up at his door with a gun. Im ama daetz. And im dan ashley. Police just took down the crime scene o ....
Another rate increase may be appropriate fairly soon. Several factors suggest that the pace of rate increases should be gradual. Including the assem tri of risks at the zero lower bound, Downside Risks from weak Global Demand and gee political events. A lower long run mutual funds rate and the apparently elevated sensitivity of conditions tomile. Uncertainly about the location of supply side constraints provides another reason for gradualism. There are potential concerns with this gradual approach, however. Its possible that Monetary Policy could push reoutly sayings too high and inflation could move to temporarily above target. In an era of anchor expectations undershooting uh employment should result in only a small and temporary increase in the inflation rate. But running the economy above its potential growth rate fo ....