Out of the woods. For more on this were joined by boom bust cohost chrystia and former fed insider danielle de martino booth danielle fed minutes are in focus today and are specifically investors are going to be focused on inflation averaging an extended rate guidance this is these are the last minutes before the election thats just weeks away give us some color on that and how is the market digesting this latest update. Well so i think the market is interpreted in todays minutes as saying the fed is standing ready to monetize to print money to satisfy any stimulus spending that comes out i think the obviously the hurdle here is is actually Getting Congress to act but again the fed is showing a willingness especially with what powell said yesterday. There was no way that there could be too much stimulus and that is fed speak for saying whatever it is if its 2 or 3 or 4 trillion dollars whatever the price tag is however many treasuries are issued we will buy them in the open market and
A network thats totally dishonest c. N. N. Is says you know 100 percent negative. Change fast changes so sometimes ill say thats going to be a great story be a pretty good report another as good as you. Will see what happens. I always say who knows what well see on this bill will be a success. But the catalyst of all of this. I want look at what why did. You call prove it but there are also friends. Are still so but the so will be to do something this year. Which will. Be the other about that this is the only ill go if i was there with someone that you know will go to that. I. This is boom bust the one business show you cant afford to miss and there montecito going washington coming up Us Federal Reserve minutes were just released with a bit of good news for an economic recovery but it could all be gone without the help of congress and the white House Democrats unveiled and the nearly 450 page antitrust report targeting big tech what is some possible changes to federal antitrust rules
Continue to work side by side to provide support to the economy until it is clearly out of the woods. For more on this were joined by boom bust cohost chrystia and former fed insider danielle de martino booth danielle fed minutes are in focus today and are specifically investors are going to be focused on inflation averaging an extended rate guidance this is these are the last minutes before the election thats just weeks away give us some color on that and how is the market digesting this latest update. Well so i think the market is interpreted in todays minutes as saying the fed is standing ready to monetize to print money to satisfy any stimulus spending that comes out i think the obviously the hurdle here is is actually Getting Congress to act but again the fed is showing a willingness especially with what powell said yesterday. There was no way that there could be too much stimulus and that is fed speak for saying whatever it is if its 2 or 3 or 4 trillion dollars whatever the pric
Spending that comes out i think the obviously the hurdle here is is actually Getting Congress to act but again the fed is showing a willingness especially with what powell said yesterday there was no way that there could be too much stimulus and that is fed speak for saying whatever it is if its 2 or 3 or 4 trillion dollars whatever the price tag is how many treasuries are issued we will buy them in the open market and ensure that there is a smooth transition to getting that money from congress out to the people we get that in spades the problem is that fed policy so far has proven that it doesnt do a lot in terms of satisfying its 2nd mandate it can keep the stock market up thats what quantitative easing does thats what money printing does thats his part so to speak of Monetary Policy but again that policy is not doing a lot and the the. Stimulus that is expected to come after the election really also doesnt address the underlying obstacles and challenges that are facing this economy
Good news there . Kara little better. No liens are no longer bound. East bay is still slow. It is looking like a typical monday slowing approaching the Richmond Bridge. Sewing from hercules to richmond but a little extra slow the lanes are open but bigger delays than normal pit 680 is far from 242 to 24 and the bay bridge toll plaza we have a 50 to 20 minute delay. 7 01 pillows go back to the desk for young teenagers or the hospital. Police say an 18yearold driver hit them in burlingame. This happened on saturday at clarendon road at howard avenue. They think the driver intentionally ran into the teeth. People who lived in the neighborhood said they heard the crash but the damage done to of fire hydrant said water sprang onto the temperatures. They can follow the suvs tire tracks up on the sidewalk across the lawn to the place where teenagers were standing one neighbor say he was one of the first people to help the teen thats where i spent most of my time and just trying to help comfor