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jerome powell is under the gun in the house. grady trimble following on capitol hill. >> first, expect rate cuts, though jay powell cryptic, not saying when. the rest of the voting members are walking a precarious tight rope, where to set rates but it's an election year. at this hearing powell is telling lawmakers on the house financial services committee that data is looking good and the dangers of cutting rates too quickly, would like to see more. with the high points he's making note of that housing services inflation a.k.a. rent is coming down, goods prices are too and he says he feels good about achieving a soft landing. >> no reason to think the us economy is in short-term risk of falling into recession. having said that, there's always a problem, a possibility, meaningful possibility that economy will fall into recession. i don't think that possibilities elevated at the current time. >> reporter: patrick mchenry asked powell how much rate cutting we will see this year. powell's answer is noncommittal as always, depends on
jerome powell is under the gun in the house. grady trimble following on capitol hill. >> first, expect rate cuts, though jay powell cryptic, not saying when. the rest of the voting members are walking a precarious tight rope, where to set rates but it's an election year. at this hearing powell is telling lawmakers on the house financial services committee that data is looking good and the dangers of cutting rates too quickly, would like to see more. with the high points he's making note...
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Mar 6, 2024
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. >>> fed sanctuary jerome powell is heading to capitol hill today for two days of semiannual testimony before congress. powell is expected to present his case particularly on why the central bank is in in in no rust cut inflation. thank you so much for the time then are you surprised at all but the market's pullback yesterday? >> not essentially surprised i think regarding equities in general we're quite optimistic at the moment. in the short to medium term, we're quite positive that's pointed by fundamentals across the board we have different moves by developed markets and equities in emerging markets. i think that's really because the rate cutting cycle is getting ahead in the emerging market, so that's really reaping the benefits there. >> and what does it mean then to see perhaps a slight fall-off in the rate outlook then across the more developed world we had initially seen the expectation of around six rate cuts around the united states. that's fallen off to three of course, the fed initially said that. but we're seeing that one could be enough this year. >> yes, so they're being
. >>> fed sanctuary jerome powell is heading to capitol hill today for two days of semiannual testimony before congress. powell is expected to present his case particularly on why the central bank is in in in no rust cut inflation. thank you so much for the time then are you surprised at all but the market's pullback yesterday? >> not essentially surprised i think regarding equities in general we're quite optimistic at the moment. in the short to medium term, we're quite positive...
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Mar 20, 2024
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the biases toward leaving things the same until they get more economic debt, jerome powell will speak at 2:30, he may forecast a bit of what is to come in the year ahead but right now the fed is suggesting, sandra, it wants a little more data before it figures out the way forward. >> sandra: indications from the fed in the statement are they are moving towards possibly three rate cuts this year, john, and that is interesting news break since we have not seen the target of 2% reached just yet so big questions in the fed briefing room when powell speaks, is 2% still the target? and if they are going to start cutting does not mean we are getting there? they say they are making good progress and they move it is the question so you see a green spike at the end of the chart there, that is after the fed announcement came out to leave fed rates unchanged but also indicating three cuts coming this year. one of the federal reserve officials indicated possibly more than three cuts this year but this was a unanimous decision to leave it unchanged at five and a quarter. this is a decent market rea
the biases toward leaving things the same until they get more economic debt, jerome powell will speak at 2:30, he may forecast a bit of what is to come in the year ahead but right now the fed is suggesting, sandra, it wants a little more data before it figures out the way forward. >> sandra: indications from the fed in the statement are they are moving towards possibly three rate cuts this year, john, and that is interesting news break since we have not seen the target of 2% reached just...
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Mar 7, 2024
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later, feral reserve chair jerome powell ttifying on the central bank's semiannual monetary policy report before th house financial services committee. all coming up tonigh on c-span. >> c-span's "washington journal," a live forum involving you to discuss the latest issues in government, politics and public policy. from washington, d.c. anro coming up thursday morning, we'll discuss tomorrow's state of the union address, government funding deadlines, and conflicts in gaz ukraine, with nebraska republican congressman adrian smith, texas democrat congressman marc veasey, democrc congressman brad sherman, and republic fa keen. join us on c-span, c-span now our free mobile app, or online at c-span.org. >> two years ago, democracy faced the biggest threat since the civil war. today, though bruise, our democracy remains unbowed and unbroken. >> thursdaye union address to outline his priorities for the country. watch our live coverage beginning at 8:00 p.m. eastern with our preview program followed by president biden's state of the union speech, then alabama senator katy britt will give the repu
later, feral reserve chair jerome powell ttifying on the central bank's semiannual monetary policy report before th house financial services committee. all coming up tonigh on c-span. >> c-span's "washington journal," a live forum involving you to discuss the latest issues in government, politics and public policy. from washington, d.c. anro coming up thursday morning, we'll discuss tomorrow's state of the union address, government funding deadlines, and conflicts in gaz...
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Mar 18, 2024
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powell but as he would not want to confirm or nominate again these are three good folks who would be good nominees for the federal reserve that would do the right things when it comes to look at inflation price stability should be the key thing that the federal reserve should look at and only have control over others would be john taylor from the hoover institution with the taylor rule we need rolls in place for the federal reserve not just a discussion of higher inflation throughout the economy somebody's going to put in place what americans can expect and what the federal reserve will do overtime. >> another factor for donald trump the wrath against jerome powell he did think that donald trump did not like he started raising interest rates earlier in the president came on him like a ton of brics but then criticized policy which is unprecedented at the time. does he want a yes man or woman in the office? >> i don't think so, i think the president will tell the federal reserve chairman whatever he wants but he want someone who's going to be out there looking at inflation and what hap
powell but as he would not want to confirm or nominate again these are three good folks who would be good nominees for the federal reserve that would do the right things when it comes to look at inflation price stability should be the key thing that the federal reserve should look at and only have control over others would be john taylor from the hoover institution with the taylor rule we need rolls in place for the federal reserve not just a discussion of higher inflation throughout the...
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Mar 20, 2024
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one thing to appreciate about jerome powell. he always telegraphed and really worried about the market. fed chairman are not supposed to be worried about the market. be that as it may, he is. that's why the general consensus among people like fink and others, is that the june rate cut of 25-basis points is baked in. he's not going to -- because the markets will go wickedly shout if that doesn't happen. this is borrowing some mayor yak we out of the blue -- wacky inflation out of the blue numbers and rates are at 3, he's still worried about a recession because there's other numbers that show a slow down. june is baked in. obviously if inflation numbers after june look sticky and look like they're rising, all bets are off on the other two. liz: i say two. i thought larry predicted a possible two cuts. >> yeah, he did but said three so there could be three. be that as it may, the june thing is baked in and gets into the weirdness of jerome powell and again, fed chairs are not supposed to worry about the stock market and worry about
one thing to appreciate about jerome powell. he always telegraphed and really worried about the market. fed chairman are not supposed to be worried about the market. be that as it may, he is. that's why the general consensus among people like fink and others, is that the june rate cut of 25-basis points is baked in. he's not going to -- because the markets will go wickedly shout if that doesn't happen. this is borrowing some mayor yak we out of the blue -- wacky inflation out of the blue...
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Mar 7, 2024
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it is a little on those comments from fed chair jerome powell. he said, again, that the expectation is, yes, the fed could probably cut interest rates at this moment, but they're not yet ready to do so. why? they still need further information and further data that indeed interest rates are headed or rather the inflation rate is head back towards 2%. of course he's still had strongish economy up until yesterday's data. you saw a little bit of weakness in that adp report, the private payroll numbers did show some sense of weakness which is then going to perhaps offer some sentiment around what exactly is going to happen for interest rates. it's the second day of congressional testimony as well today for jerome powell, so we'll await more word. and of course we do have those non-pharm payrolls data out tomorrow. >> shares in community bank corp rebounded after the troubled regional bank announced it had raised about a billion dollars in capital. how might that cash infusion help the ailing back and steady nerves across the industry? >> yeah, so i m
it is a little on those comments from fed chair jerome powell. he said, again, that the expectation is, yes, the fed could probably cut interest rates at this moment, but they're not yet ready to do so. why? they still need further information and further data that indeed interest rates are headed or rather the inflation rate is head back towards 2%. of course he's still had strongish economy up until yesterday's data. you saw a little bit of weakness in that adp report, the private payroll...
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Mar 21, 2024
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jerome powell and janet yellen have no way out. if they raise intest raise interest on our debt which will increase faster. if they lower interest rates, it's jobs and increase inflation that way through spending. what is your guest comment on that? guest: that's right, think jerome powell will make decisions about interest rates without necessarily concernedebt. the higher rates that we have seen already in the fed has said they think they are done hiking rates, they are at the peak of their interest rates for now. that has increased interest cost to the government. a challenge but chair powell has made clear as most fed chair is due that they think the spe up to elected officials and not them. chair powell has said he thinks the deficit is not government congress and the white house should deal with. host: the unemployment rate in february was 3.9%. it increase from 3.7% in january. what was that a sign of? guest: it's a sign of potentially some people worry about some so-called cracks in the labor market. we have still seen heal
jerome powell and janet yellen have no way out. if they raise intest raise interest on our debt which will increase faster. if they lower interest rates, it's jobs and increase inflation that way through spending. what is your guest comment on that? guest: that's right, think jerome powell will make decisions about interest rates without necessarily concernedebt. the higher rates that we have seen already in the fed has said they think they are done hiking rates, they are at the peak of their...
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Mar 20, 2024
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powell being jerome powell council, the lawyer cannot do ph.d. in economics, he understands that the payrolls were revised down by a million positions in the year and in september the 30th, 2023. he sees the what the biden administration has been announcing is not really what in fact has been the data on the ground. not that we ever look back at revisions, but he certainly is being advised about them by the people on the ground and by the way, neil, that helps expand a lot of the anger element. it's not just the fact that the price of the vast -- gas pump and the price at the grocery stores are up but it's also because people are losing their jobs and because the government is telling them that there is also a figment of the environment -- imagination. >> neil: let me ask you about mortgage rates which tend to go on their own or which the fed has very little control got a lot of them are paying the market rates like a ten-year bound -- bond and i can think and has been narrowly backing up of late as the expedition that the economy is strong enoug
powell being jerome powell council, the lawyer cannot do ph.d. in economics, he understands that the payrolls were revised down by a million positions in the year and in september the 30th, 2023. he sees the what the biden administration has been announcing is not really what in fact has been the data on the ground. not that we ever look back at revisions, but he certainly is being advised about them by the people on the ground and by the way, neil, that helps expand a lot of the anger element....
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Mar 20, 2024
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what everyone is focused on is what jerome powell signals today , and fellow members are plotting today. you see they each add their names and predictions to a chart about the direction of the federal funds rate. the bank overnight lending rate the so-called dot plot you hear so much about. like i said we'll know in about two hours, to edward lawrence at the white house on what we could be in for. edward? reporter: yeah, the dot plot thickens, right? that's what you said, neil. we're going to get the forecast from federal reserve to see exactly where they see three rate cuts this year still, maybe two, but the federal reserve chairman jay powell is feeling e form us political pressure from democrats who want that first rate cut to start. about two dozen house and senate democrats and a letter to powell saying higher rates are squeez ing working people. now, senators elizabeth warren and sheldon went farther than that in another letter to the fed chairman saying interest rates went too far to fast and the potential they may remain high for too long has halted advances in deploying renewa
what everyone is focused on is what jerome powell signals today , and fellow members are plotting today. you see they each add their names and predictions to a chart about the direction of the federal funds rate. the bank overnight lending rate the so-called dot plot you hear so much about. like i said we'll know in about two hours, to edward lawrence at the white house on what we could be in for. edward? reporter: yeah, the dot plot thickens, right? that's what you said, neil. we're going to...
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Mar 20, 2024
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i take hey, get back from the fed chairman jerome powell later today. what, what can americans, we're watching right now expect will jerome powell is not ready to give borrowers a break not yet. and no doubt it is a very expensive time to borrow mortgages, credit cards, car loans, all of them are very expensive. now remember, the fed started spiking interest rates at it, almost an unprecedented pace, two years ago, trying to get inflation under control. and really since last may, the fed has been in a holding pattern, keeping interest rates at 23 year highs that might be good news for savers who've got money in the bank, but for everyone is borrowing, this is added to some of the pain here. now, fed officials have said they're not going to start lowering interest rates until they get more confidence that inflation really is going back to normal. and so that's why investors, they place almost no chance of a rate cut today every little chance that the next decision on may 1. and really americans are probably going to have to be waiting until june, july, o
i take hey, get back from the fed chairman jerome powell later today. what, what can americans, we're watching right now expect will jerome powell is not ready to give borrowers a break not yet. and no doubt it is a very expensive time to borrow mortgages, credit cards, car loans, all of them are very expensive. now remember, the fed started spiking interest rates at it, almost an unprecedented pace, two years ago, trying to get inflation under control. and really since last may, the fed has...
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Mar 7, 2024
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us federal reserve chairman jerome powell says he�*s in no rush to cut interest rates until the data signals a meaningfulfall in inflation. and we take a look at how small businesses in singapore are getting a �*swift lift�*. hello and welcome to asia business report. i�*m steve lai. we begin in the us, where federal reserve chairman jerome powell began two days of testimony on capitol hill. he�*s presenting the central bank�*s semiannual monetary policy report, with lawmakers eagle—eyed for clues about interest rates. 0ur north america business correspondent erin delmore has the details from new york. fed chairjerome powell sat firmly in the spotlight on capitol hill on wednesday previewing what is to come in the year ahead as fed officials contemplate when to cut interest rates and by how much. we believe that our policy rate is likely at its peak for this cycle. if the economy evolves broadly as expected, it will likely be appropriate to begin dialling back policy restraint at some point this year. powell appeared before the house financial services committee, the firs
us federal reserve chairman jerome powell says he�*s in no rush to cut interest rates until the data signals a meaningfulfall in inflation. and we take a look at how small businesses in singapore are getting a �*swift lift�*. hello and welcome to asia business report. i�*m steve lai. we begin in the us, where federal reserve chairman jerome powell began two days of testimony on capitol hill. he�*s presenting the central bank�*s semiannual monetary policy report, with lawmakers...
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Mar 6, 2024
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from fed chair jerome powell on capitol hill can. mike, when we think about how chair powell is going to be addressing congress, we spoke about some of the issues already. what is he coming up against, especially as inflation is still top of mind? michael: well, he's going to come up against criticism of the fed for not moving quickly enough to bring down inflammation and the fed has admitted it was slow on the trigger there. but in his opening remarks, he talks about how the fed is determined to bring in addition to 2% target. sonali: we are already seeing it met by a bid in the short term market here 2 year yield downs a little bit even just yesterday. liz: although like you'll see a lot to the research report nothing but he seemed hawkish enough. he didn't lean more hawkish than he had to me focused on the dual mandate which some show more balanced. saying we are not clear we have enough process to cut yet but he cuts some of the tail risk out of the market by saying again, rates are at their peak and some time later, we'll cut ra
from fed chair jerome powell on capitol hill can. mike, when we think about how chair powell is going to be addressing congress, we spoke about some of the issues already. what is he coming up against, especially as inflation is still top of mind? michael: well, he's going to come up against criticism of the fed for not moving quickly enough to bring down inflammation and the fed has admitted it was slow on the trigger there. but in his opening remarks, he talks about how the fed is determined...
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Mar 20, 2024
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when jerome powell stands up at a press conference, he does not really push back against it. that will be the most hawkish outcome. the slightly less hawkish outcome was we would get the two dot plots production here. then they will see how dubberly pushes back. there are so rate cuts coming later in the year. nothing to worry about. the most of a scenario would be the dot plot stay at three rate cuts for this year and drum powell sounds dovish. closer not too far away from the november highs. they have an office in new york. they will be watching closely. you may will see some headlines coming out. the mistry of finance is pushing back and sing the dollar-yen is getting too far. they need to do something about it. if he goes even further, we may even have to see extra intervention to try to support this. probably nonverbal intervention first. certainly currency markets very much in play. euro-yen hit a 16 year high as well. treasury markets will also be watching very closely. people seem to be shorting treasuries very much. if there is a risk, it is short covering. slightly
when jerome powell stands up at a press conference, he does not really push back against it. that will be the most hawkish outcome. the slightly less hawkish outcome was we would get the two dot plots production here. then they will see how dubberly pushes back. there are so rate cuts coming later in the year. nothing to worry about. the most of a scenario would be the dot plot stay at three rate cuts for this year and drum powell sounds dovish. closer not too far away from the november highs....
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Mar 8, 2024
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kriti: fed chair jerome powell telling congress the central bank is not far from the confidence needed to ease policy. right here in europe, ecb president christine lagarde signals the bank may cut rates in june. it warns tiempo -- geopolitical risks should not be ignored. i want to quick check on the markets. we've got the geopolitical situation coming up of -- off of president biden in his state of the union address overnight. what that means for futures is a little bit of positivity right here in europe. euro stoxx 50 future desire. ftse 100 higher. let's cross the atlantic where you are not seeing the same optimism. futures in the u.s. unchanged. 51 65 on the contracts. nasdaq 100 futures are down 1/10 of 1%. how much is a global story of not wanting the exposure to the house. how much is cashing out ahead of the long weekend with technicals plumbing at -- limiting at play. chairman powell did speak and testimony. you have the ecb dates you in the after facts. the bond market absolutely matters. they have been fairly sanguine as it looks to preclude how to navigate the story. tenur
kriti: fed chair jerome powell telling congress the central bank is not far from the confidence needed to ease policy. right here in europe, ecb president christine lagarde signals the bank may cut rates in june. it warns tiempo -- geopolitical risks should not be ignored. i want to quick check on the markets. we've got the geopolitical situation coming up of -- off of president biden in his state of the union address overnight. what that means for futures is a little bit of positivity right...
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and number of jerome powell's colleagues have downplayed that, they are able they say to look through that january data. are we expecting to get a similar message from powell in terms of the way he interprets that data? where are you expecting his messaging to land? jill: when you look at a lot of the statements that powell has made in relation to a lot of his fomc colleagues, he is actually really kind of in the middle of the pack so i would expect him to be sticking with that status quo and that idea that inflation remains under pressure, that cpi print in january was very hot. and as much as fed officials like to say they are incredibly data dependent, they like to depend on where that data is getting them to make decisions on rates. i think that beginning of the year data was, we will have to see what we are ultimately sing out february, march as they continue to create that rate trajectory for the rest of the quarter, rest of the first half of this year. i would expect powell to pretty much match what we heard from those fomc officials but maybe we will get further guidance next
and number of jerome powell's colleagues have downplayed that, they are able they say to look through that january data. are we expecting to get a similar message from powell in terms of the way he interprets that data? where are you expecting his messaging to land? jill: when you look at a lot of the statements that powell has made in relation to a lot of his fomc colleagues, he is actually really kind of in the middle of the pack so i would expect him to be sticking with that status quo and...
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andn c-span3, federal reserve chairman jerome powell testifies on monetary policy and the state of the u.s. economy before the house fincl services committee. thats 10:00 a.m. eastern. you can watch ourivcoverage on the free c-span now video app or online at c-span.org. >> on wednesday, deral rese tess on the federal reserve's monetary policy. see the finanal services committee live at 10:00 a.m. eastern on c-span3, c-span now, or online at c-span.org. ♪ >> as president biden prepares for his state of the union address, c-span encourages you to engage and express your opinion. we want to know which issue is most iortant to you as the president's state of the union address approaches. >> i am from new jersey and one of the most important issues for me that i' touch upon is the sentinel crisis and -- the fentanyl crisis and how to dea with that, and also the large mental health crisis going on in this nation and what we can do to address those problems. >> i am a postdoc fellow at john hopkins university. i do research in history and social theory. i think the most important issue i wo
andn c-span3, federal reserve chairman jerome powell testifies on monetary policy and the state of the u.s. economy before the house fincl services committee. thats 10:00 a.m. eastern. you can watch ourivcoverage on the free c-span now video app or online at c-span.org. >> on wednesday, deral rese tess on the federal reserve's monetary policy. see the finanal services committee live at 10:00 a.m. eastern on c-span3, c-span now, or online at c-span.org. ♪ >> as president biden...
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Mar 29, 2024
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i think what jerome powell is going to say by june, if things stay in this sort of area, he can lower interest rates on the short end a little bit. and take a wait-and-see attitude. >> sandra: is that a prediction? you think they're going to cut rates this year? >> i think they'll cut them in june. i only know that because larry fink, the best fed watcher i know, thinks that. things might change, you might see other numbers, but there's two stories. wall street is going to let that cut and that's why you see stocks keep going up. main street americans who don't have a lot of money and are not in the markets every day, they are getting screwed here. these prices, the inflation rate might be coming down a bit, might. >> sandra: but prices are not. that's why jerry baker for "the wall street journal" was sitting in that chair a couple weeks ago and he made the prediction, not only does he think rates will have to stay the same this year, he thinks they might have to raise rates at the end of the year. >> if you know jerome powell, and if you're playing in the markets, different audience.
i think what jerome powell is going to say by june, if things stay in this sort of area, he can lower interest rates on the short end a little bit. and take a wait-and-see attitude. >> sandra: is that a prediction? you think they're going to cut rates this year? >> i think they'll cut them in june. i only know that because larry fink, the best fed watcher i know, thinks that. things might change, you might see other numbers, but there's two stories. wall street is going to let that...
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Mar 16, 2024
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powell wants to do, to follow what paul volcker did. there are two interests at stake. lower interest rates. wall street wants that. they had virtually 0% interest rates for 10 years. it generates a lot of deals, generate a lot of income from making deals. on the other side of that, if inflation rises, it hits the middle class, it eats into their income, their wage increases. powell is trying to avoid that with interest rate increases and try to make sure inflation is under control. on behalf of all americans who are hurt and who know they are being hurt. paul: let me turn to another subject. president biden's statement that he opposes purchase of $14.1 billion starting with intervention. good decision? >> i spent a lot of time talking about economic rationale for that decision. this is a political decision, riskier than the president is acknowledging. this is throwing out crumbs, but if they kill this deal and the cleveland cliff, the us competitor that wants to purchase u.s. steel is next in line as a suitor you have people talking ab
powell wants to do, to follow what paul volcker did. there are two interests at stake. lower interest rates. wall street wants that. they had virtually 0% interest rates for 10 years. it generates a lot of deals, generate a lot of income from making deals. on the other side of that, if inflation rises, it hits the middle class, it eats into their income, their wage increases. powell is trying to avoid that with interest rate increases and try to make sure inflation is under control. on behalf...
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Mar 12, 2024
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>> i don't want to be jerome powell with these numbers. they're not good enough to change direction in terms of policy. so if you looked at what he said, he said we've got some work to do. these numbers have to come down. the problem with inflation, martha, is it spiked way up to nine, come back down to 3 or 4 range and it sitting there. if it sits there like that, we're still two times where we should be. if we're at that level, you can't cut rates yet. that's what the politicians want. powell doesn't have an economic reason to do it so if we start to see rate cuts mid year and we still have numbers like this, it start to looks like politics to me, not economics. >> martha: one of the issues that we keep hearing about programs, we heard about them in the state of the union, to give people more money. to relieve student debt. more proms that give people money. so that doesn't help the inflation picture. >> not at all. >> that's why we're stalling out at this high level. the fed -- >> martha: yeah, throwing money at everybody. >> i think if
>> i don't want to be jerome powell with these numbers. they're not good enough to change direction in terms of policy. so if you looked at what he said, he said we've got some work to do. these numbers have to come down. the problem with inflation, martha, is it spiked way up to nine, come back down to 3 or 4 range and it sitting there. if it sits there like that, we're still two times where we should be. if we're at that level, you can't cut rates yet. that's what the politicians want....
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Mar 21, 2024
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. >> jerome powell filing up equities with the dove's stance. can the rally last? here are the top stories. the dovish fed sending the yen stronger for the first time in eight days. japan's finance minister says he's watching the currency with a high sense of urgency. chinese tech socks -- stocks see gains. doubling share buyback and rising dividend pie by 42%. we have a great lineup of guests . we will focus on the indian economy is morgan stanley's chief indian economist. let's get to markets. i get a sense i'm in the wrong color today. of course, it is an everything rally. avril: it is a fed party. a lot of green on the screen. this fed theme is coming through. take a look at the e.m. asia fx, particularly the korean won. the yen also climbing. helped along by comments and parliament. he is striking a neutral tone, avoiding dovishness. after japan comes back from that holiday, we are seeing stocks are really rallying hard today. the msci asia pacific is hovering at a level we haven't seen in two years. tech is leading the charge. it's all the long not just by th
. >> jerome powell filing up equities with the dove's stance. can the rally last? here are the top stories. the dovish fed sending the yen stronger for the first time in eight days. japan's finance minister says he's watching the currency with a high sense of urgency. chinese tech socks -- stocks see gains. doubling share buyback and rising dividend pie by 42%. we have a great lineup of guests . we will focus on the indian economy is morgan stanley's chief indian economist. let's get to...
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Mar 5, 2024
03/24
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. >>> wednesday, federal reserve chair jerome powell testifies on the federal reserve's monetary policy. see the house financial services committee live at 10:00 p.m. -- a.m. eastern. >>> two years ago, democracy faced its greatest threat in civil war in today although bruce democracy remains unbroken. >> there is a, president biden delivers the annual state of the union address during a joint session of congress to outline his priorities for the country. watch our live coverage beginning at 8:00 p.m. eastern with the preview program followed by president biden's state of the union speech. then alabama senator katie britt will give the republican response and we will get your reaction by taking your phone calls, texts, and social media comments. watch the state of the union address live thursday at 8:00 p.m. eastern on c-span. our free mobile video at four online at cspan.org. get informed straight from the source on c-span. unfiltered, unbiased, word for word from the nation's capitol to wherever you are because the opinion that matters the most is your own. this is what democracy look
. >>> wednesday, federal reserve chair jerome powell testifies on the federal reserve's monetary policy. see the house financial services committee live at 10:00 p.m. -- a.m. eastern. >>> two years ago, democracy faced its greatest threat in civil war in today although bruce democracy remains unbroken. >> there is a, president biden delivers the annual state of the union address during a joint session of congress to outline his priorities for the country. watch our live...
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Mar 4, 2024
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on wedsday, jerome powell testifies on the federal reserve's monetary policy. see e house financial services committee live at 10 a.m. stern on c-span3, c-span now, or online at the. . -- at c-span.org. announcer: as president biden prepares for his state of the union address, c-span encourages you to express your opinion and engage. we want to know which issue is most important to you? >>one of the most important issues for me is the fentanyl crisis. also the mental health crisis that's going on in this nation. >> is jacob rountree. i do research in history and social theory. i think the most see discussed is the gains -- the threats that artificial intelligence poses to our civilization which might undermine our ability to have a fully employed economy and might threaten our my name is snyder, i'd like the president to close the border. we are getting too many people illegally and here. it is getting overwhelming and a lot of crime. >> i am aisha from new jersey. i would like to see the president address anything related to gaza and palestine. ow. it sucks to
on wedsday, jerome powell testifies on the federal reserve's monetary policy. see e house financial services committee live at 10 a.m. stern on c-span3, c-span now, or online at the. . -- at c-span.org. announcer: as president biden prepares for his state of the union address, c-span encourages you to express your opinion and engage. we want to know which issue is most important to you? >>one of the most important issues for me is the fentanyl crisis. also the mental health crisis that's...
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Mar 30, 2024
03/24
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that's why i think jerome powell should do nothing for the foreseeable future. neil: and that might be the case. thank you very much, dan geltrude, on that. we were showing you the markets for the week. if they're concerned about any of this, of course, they had a funny way of showing it. they were closed yesterday for good friday, i think dan touched on that. but the fact of the matter is the inflation worries from this or at least period are alive and well, and the fed chair -- if it stays stubborn, there's no rush the start cutting rates. the betting is that that he will, though, as a early as june. that is not a sure thing. we're following that and also following the funeral for nypd officer a jonathan diller, the latest of that including a former police commissioner says we don't need to see this keep happening. after this. rkplace benefits and retirement savings. voya provides tools that help you make the right investment and benefit choices. so you can reach today's financial goals and look forward to a more confident future. voya, well planned, well inve
that's why i think jerome powell should do nothing for the foreseeable future. neil: and that might be the case. thank you very much, dan geltrude, on that. we were showing you the markets for the week. if they're concerned about any of this, of course, they had a funny way of showing it. they were closed yesterday for good friday, i think dan touched on that. but the fact of the matter is the inflation worries from this or at least period are alive and well, and the fed chair -- if it stays...
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Mar 30, 2024
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and then jerome powell discusses the actions taken by the fed to address inflation, and then an update on the baltimore key bridge collapse. john. it's good
and then jerome powell discusses the actions taken by the fed to address inflation, and then an update on the baltimore key bridge collapse. john. it's good
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Mar 20, 2024
03/24
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that news by jerome powell set the markets flying. s&p 500 and the dow hit all-time highs. the nasdaq finishing up in the green. that was not a record but this was the s&p's 19th record close in 2024 in a row. it is the second straight record close. as expected bond yields fell on on news of pending rate cuts. tech stocks have powered the market rally all year. today was no different. meta, google, amazon, microsoft, google even tesla finishing in the green. they have the most to benefit from rate cuts, that is where the money goes when you cut rates. bank stocks and credit card companies all seeing nice bumps. american express in particular, on the screen there, excuse me, jumped close to 4%. rate cuts could mean more spending from consumers, less defaults and finally chipotle a very tastey dish today on wall street, the company announcing 50 to one stock split. it gained 3 1/2%. the big one to watch tomorrow is reddit. that is going to ipo. it is the first major tech ipo of the year. a lot of investors will be focused on that. larry: very tasty dish, kelly o'grady, very t
that news by jerome powell set the markets flying. s&p 500 and the dow hit all-time highs. the nasdaq finishing up in the green. that was not a record but this was the s&p's 19th record close in 2024 in a row. it is the second straight record close. as expected bond yields fell on on news of pending rate cuts. tech stocks have powered the market rally all year. today was no different. meta, google, amazon, microsoft, google even tesla finishing in the green. they have the most to...
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Mar 7, 2024
03/24
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powell. he said interest rates have likely reached their peak and he expects they will come down this year. but he says the committee is concerned about adjusting rates too soon. >> reducing policy restraints too soon or too much could result in a reversal in progress and require tighter policy to get inflation back to 2%. >>> powell says the committee will adjust rates when data shows inflation moving toward its 2% goal. >>> for the first time in a decade, credit scores have gone down during the pandemic scores were high. americans were saving money because they had the still money. fico says more consumers are falling into debt because they can't keep up with the high sprs and prices. as a result credit card balances are higher and less people are paying them off. lower credit scores americans may have trouble getting loans or buying houses. >>> a rare discovery off the new england coast. scientists spot a whale far from . >>> what a sight an incredible sight for new england scientists. >>
powell. he said interest rates have likely reached their peak and he expects they will come down this year. but he says the committee is concerned about adjusting rates too soon. >> reducing policy restraints too soon or too much could result in a reversal in progress and require tighter policy to get inflation back to 2%. >>> powell says the committee will adjust rates when data shows inflation moving toward its 2% goal. >>> for the first time in a decade, credit scores...
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Mar 6, 2024
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but it's fair to say that jerome powell did a lot for the markets and help boost technology stocks as well on the optimism that is building over interest rates coming down and the financial environment just moving up, up, up. meantime, when we come back, we're going to take a look at how the president of the united states is preparing for his big state of the union address, particularly when it comes to border issues that is probably front and center for chip roy. the thing that he wants to hear most about after this. there are so many tina feys i could be. so i hired body doubles to help me out. splurgy tina loves a hotel near rodeo drive. oh tina! wild tina booked a farm stay to ride this horse. glenn close?! with millions of possibilities you can book whoever you want to be. that's my line! booking.com booking.yeah there's something going around the gordon home. good thing gertrude found delsym. now what's going around is 12-hour cough relief. and the giggles. the family that takes delsym together, feels better together. switch to shopify so you can build it better, scale it faster
but it's fair to say that jerome powell did a lot for the markets and help boost technology stocks as well on the optimism that is building over interest rates coming down and the financial environment just moving up, up, up. meantime, when we come back, we're going to take a look at how the president of the united states is preparing for his big state of the union address, particularly when it comes to border issues that is probably front and center for chip roy. the thing that he wants to...
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Mar 7, 2024
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powell testifying for the senate banking committee. joining me now is erin delmore, our north america business correspondent. what are we expecting him to say to the senators? the what are we expecting him to say to the senators?— the senators? the federal reserve chairman is — the senators? the federal reserve chairman is a _ the senators? the federal reserve chairman is a veteran _ the senators? the federal reserve chairman is a veteran of— the senators? the federal reserve chairman is a veteran of scenes - the senators? the federal reserve| chairman is a veteran of scenes like this, testifying on capitol hill, and had a run at it yesterday in front of the house. he stuck to the script, saying while we can expect interest rates are at their peak, if things continue as they have been, we in to sedate rate cuts ahead but did not give clues on time. he was cautious, walking a tightrope, saying the federal have to see inflation going down sustainably to its 2% target before cutting interest rates. he warned more evidence is necessa
powell testifying for the senate banking committee. joining me now is erin delmore, our north america business correspondent. what are we expecting him to say to the senators? the what are we expecting him to say to the senators?— the senators? the federal reserve chairman is — the senators? the federal reserve chairman is a _ the senators? the federal reserve chairman is a veteran _ the senators? the federal reserve chairman is a veteran of— the senators? the federal reserve chairman is...
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Mar 15, 2024
03/24
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he was basically saying, come on, boys and girls -- >> and,s by the way, when we covered jerome powell in that hearing this week, let's see is, 7 times in his 5-minute opening remarks he insisted that -- and very strongly signaled to this market that the 2% inflation target is not going anywhere. so, i mean, look -- larry: that's good. >> we had this -- larry: he's manning up. he's manning up. he's discovered his big boy pants. >> we'll see. >> robert wolf was on with steve moore if on "america reports" this week and he said, no -- >> should go to 3%. >> time to go with the 3. larry: you see that though, you take $1,000 and run it out 20 years at a 3% inflation, you basically lose almost half of your munch that's no bargain. and i think that's an interesting point. whatever happened to price stability? >> right. first of all, what they want to do is what i call dumbing down the test. larry: yes. >> can't get to 2 so is 3 is the target. i'm comfortable with 2% because you don't want to have deflation, so you've got a little cushion there. because the worst thing is actually deflation. b
he was basically saying, come on, boys and girls -- >> and,s by the way, when we covered jerome powell in that hearing this week, let's see is, 7 times in his 5-minute opening remarks he insisted that -- and very strongly signaled to this market that the 2% inflation target is not going anywhere. so, i mean, look -- larry: that's good. >> we had this -- larry: he's manning up. he's manning up. he's discovered his big boy pants. >> we'll see. >> robert wolf was on with...
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Mar 6, 2024
03/24
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powell. the dow fell 404, the nasdaq dropped 267, and the s&p 500 shed 52 points. >>> the biden administration is launching a major crackdown on what it calls credit card junk fees. the president announced a new rule that would cap late fees at $8, down from an average of $32. banks that charge more would need to show why. the u.s. chamber of commerce says it plans to file a lawsuit to stop the cap on fees. >>> the clock is ticking on tiktok again. house lawmakers introduced a new bipartisan bill that would give china's byte dance six months to sell its stake in the social media platform or face a ban in the united states. tiktok says the move tramples first amendment rights and it denies sharing u.s. user data with the chinese government. >>> speaking of social media, facebook, instagram, and messenger are back up this morning after an apparent technical issue caused a widespread outage. it sparked fears of a super tuesday hack. hundreds of thousands of users reported being locked out of the
powell. the dow fell 404, the nasdaq dropped 267, and the s&p 500 shed 52 points. >>> the biden administration is launching a major crackdown on what it calls credit card junk fees. the president announced a new rule that would cap late fees at $8, down from an average of $32. banks that charge more would need to show why. the u.s. chamber of commerce says it plans to file a lawsuit to stop the cap on fees. >>> the clock is ticking on tiktok again. house lawmakers...
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Mar 7, 2024
03/24
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to her jerome powell it, the trend is our friend. the administration will be crowing about that tonight even though it's not the execu executivianch that can take a bow. what we're stuck with is a lot of bills to pay. people are now running out of capital. let's go to the personal financial expert. derek, a lot of people are in a bind. what do you tell them? >> right now, let me be a voice of reason, neil. look, neil cavuto and derek kenny are not going to come to your house and pay off of your credit card bills. if you choose to play, you have to have a plan to pay. blaming companies for high prices or inflation is not going to buy you the financial freedom you deserve. you have to cut back and have a plan right now if you want to have a financial life that you have always wanted. >> neil: do people buy that? i can understand the urge saying it's not on me, the president. it's on the companies and the fat cats and all that. that's what politicians do. individuals might do the same kind of thing saying i need the government to bail m
to her jerome powell it, the trend is our friend. the administration will be crowing about that tonight even though it's not the execu executivianch that can take a bow. what we're stuck with is a lot of bills to pay. people are now running out of capital. let's go to the personal financial expert. derek, a lot of people are in a bind. what do you tell them? >> right now, let me be a voice of reason, neil. look, neil cavuto and derek kenny are not going to come to your house and pay off...
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charles: jerome powell testifying today before congress. my guest is here to read between the lines because let me tell you, there was a lot going on between the lines. look at that face. we'll be right back. ♪. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts. ♪ me and my friends ♪ ♪ life is better with the credit gods are on your side. rewards once available to the few are now accessible to the many. credit one bank. get cash back rewards, and live large. when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage on all your devices, even when everyone
charles: jerome powell testifying today before congress. my guest is here to read between the lines because let me tell you, there was a lot going on between the lines. look at that face. we'll be right back. ♪. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to...
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Mar 6, 2024
03/24
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. >>> earlier today, federal reserve chair jerome powell testified on monetary policy in the state of the u.s. economy. watch the house financial services committee tonight at 9:00 eastern, only on c-span. or, on c-span now, our mobile app, or online at c-span.org. >> if you ever miss any of c- span's coverage, you can find it anytime online at c- span.org. videos of key hearings, debates and other events feature markers that guide you to interesting and newsworthy highlights. these points of interest markers appear on the right- hand side of your screen when you hit play on select videos. this timeline makes it easy to get an idea of what was debated and decided in washington. scroll through and spend a few minutes on c-span's points of interest. >>> a healthy democracy doesn't just look like this, it looks like this, where citizens can see democracy at work. get informed straight from the source on c-span. unfiltered, unbiased, word for word, from the nation's capitol to wherever you are. because, the opinion that matters the most is your own. this is what democracy looks like. c-sp
. >>> earlier today, federal reserve chair jerome powell testified on monetary policy in the state of the u.s. economy. watch the house financial services committee tonight at 9:00 eastern, only on c-span. or, on c-span now, our mobile app, or online at c-span.org. >> if you ever miss any of c- span's coverage, you can find it anytime online at c- span.org. videos of key hearings, debates and other events feature markers that guide you to interesting and newsworthy highlights....
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Mar 20, 2024
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powell, gives about the way ahead. inflation — the rate at which prices are rising — is at 3.2% after rising last month in america and is proving rather stubborn to get back to the 2% target. and that's similar to other countries. in the uk we heard a few hours ago that inflation fell to 3.4% — the lowest in two and a half years — but also above a 2% target. and that comes ahead of the bank of england's interest rate decision on thursday. let's talk first about what could happen in the us. claudia sahm is a former federal reserve economist who is now an independent consultant and joins us from washington. good to have you with us. we are not expecting a cut by the federal reserve, but once again it is that guidance that is so important. are we expecting any change to that idea that there could be three moves on rates, given what we are seeing with inflation? . , ., , , inflation? that is absolutely in -la and inflation? that is absolutely in play and again. _ inflation? that is absolutely in play and again, as
powell, gives about the way ahead. inflation — the rate at which prices are rising — is at 3.2% after rising last month in america and is proving rather stubborn to get back to the 2% target. and that's similar to other countries. in the uk we heard a few hours ago that inflation fell to 3.4% — the lowest in two and a half years — but also above a 2% target. and that comes ahead of the bank of england's interest rate decision on thursday. let's talk first about what could happen in the...
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Mar 7, 2024
03/24
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as we wait from testimony from jerome powell on capitol hill let us welcome back michael mckee and liz mccormick. we were talking a little bit earlier about how we have seen a bid back in the bond market. do you think that to some degree this cooling of rates is conflicting with the path and message that jerome powell is trying to send across? michael: i do not think so. what you have is the market reacting to events today in the european union, and the euro area with madame lagarde talking about rate cuts and may be putting more of a date on it that jay powell has done and then also some economic data today that did show that the economy is status quo at this point. we are still 10 to 15 days out from the fed meeting on march 20. and the fed has told us that they will not do anything. what you are really talking about you are talking about markets in the fed is a may meeting which is such a long way away. i do not think we are really trading on what the fed will do on may 1. sonali: how are traders positioning? we talked about this on the long end of the curve. powell got awkward ques
as we wait from testimony from jerome powell on capitol hill let us welcome back michael mckee and liz mccormick. we were talking a little bit earlier about how we have seen a bid back in the bond market. do you think that to some degree this cooling of rates is conflicting with the path and message that jerome powell is trying to send across? michael: i do not think so. what you have is the market reacting to events today in the european union, and the euro area with madame lagarde talking...
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Mar 8, 2024
03/24
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powell finished two days of testimony on capitol hill reaffirming interest rate cuts are coming this year. the dow climbed 130 points. the nasdaq soared by 241 points. and the s&p 500 gained 52 to hit a record high. >>> out of an abundance of caution sargento cheese is recalling products sold in 15 states due to concerns of potential contamination. the cheese comes from the california dairy company or rizzo lopez foods that was involved in a listeria outbreak earlier this year. it sent nearly two dozen people to the hospital. >>> the discount grocery store chain aldi has plans to add 800 new stores across the u.s. over the next five years. the expansion looks to capitalize on cost-conscious americans feeling the pinch at grocery stores. the german-owned chain plans to open hundreds of stores in the northeast and midwest while converting many existing wynn dixies and harvey's supermarkets in the south into aldis. >>> "forbes" has released its list of highest paid action torts last year and adam sandler tops the list with $73 million thanks to his movie-making production company happy
powell finished two days of testimony on capitol hill reaffirming interest rate cuts are coming this year. the dow climbed 130 points. the nasdaq soared by 241 points. and the s&p 500 gained 52 to hit a record high. >>> out of an abundance of caution sargento cheese is recalling products sold in 15 states due to concerns of potential contamination. the cheese comes from the california dairy company or rizzo lopez foods that was involved in a listeria outbreak earlier this year. it...
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Mar 7, 2024
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." >> reporter: stocks rose wednesday after federal reserve chairman jerome powell told congress we could see interest rate cuts this year as long as inflation stays in check. the dow gained 75 points. the nasdaq added 91, and the s&p 500 rose 26. >>> the fda is warning everyone not to buy half a dozen brands of ground cinnamon because they contain elevated levels of lead. the products are sold at dollar tree, family dollar, and other discount stores. the fda is urging the manufacturers to issue a recall and is telling cosumers to throw out any of the six brands including supreme tradition, marcum, and la fiesta. the alert comes in the wake of lead-tainted apple sauce pouches linked to hundreds of poisonings in young children. >>> the tsa has debuted self-screening lanes at harry reid international airport in las vegas calling it a step into the future. the futuristic looking checkpoint is only for tsa pre-check customers with do-it-yourself instructions on a screen. the pilot program will be tested for a year before rolling out around the country in a move to modernize and speed up secur
." >> reporter: stocks rose wednesday after federal reserve chairman jerome powell told congress we could see interest rate cuts this year as long as inflation stays in check. the dow gained 75 points. the nasdaq added 91, and the s&p 500 rose 26. >>> the fda is warning everyone not to buy half a dozen brands of ground cinnamon because they contain elevated levels of lead. the products are sold at dollar tree, family dollar, and other discount stores. the fda is urging...
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Mar 4, 2024
03/24
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on wednesday, jerome powell testifies on the federal reserve's monetary policy. see the house financi services committee live at 10 a.m. eastern on c-span 3, c-span or online at c-span.org. ♪ announcer: friday night, watch c-span's 2020 trail. ■4■5■providing a one-stop shop what -- for campaign ads. watch c-span's 2024 campaign friday night at 7 p.m. eastern on c-span, online at span.org or download the podcasts on c-span now, our free mobile app, or wherever you get your podcasts. c-span, your unfiltered view of government. >> two years ago, democracy faced its greatestnh war and tor democracy remains unbound and unbroken. thursday, president biden delivershe the unit addressed during a joint session of congress to outline his priorities for the country. watch live coverage with our prw program, followed by president biden's state of the union speech, then alabama's senator will give the republican response and we will get your reaction by taking your phone calls, texts, and social media comments. watch at 8 p.m. eastern on c-span, c-span now, or online
on wednesday, jerome powell testifies on the federal reserve's monetary policy. see the house financi services committee live at 10 a.m. eastern on c-span 3, c-span or online at c-span.org. ♪ announcer: friday night, watch c-span's 2020 trail. ■4■5■providing a one-stop shop what -- for campaign ads. watch c-span's 2024 campaign friday night at 7 p.m. eastern on c-span, online at span.org or download the podcasts on c-span now, our free mobile app, or wherever you get your podcasts....
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Mar 20, 2024
03/24
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since jerome powell started hiking interest rates. $500 billion liabilities add to interest rates on average people out there. in the meantime, wealthy people have made an extra $300 billion a year. they own the bonds. they own the instruments that actually go up. so she is not saying please, please, fed, lower rates for the people because the people don't matter. they do not care about people. the progressive ideology puts the climate things, this whole climate agenda before people, all people. they will use people as a front from time to time. what she really wants is to push this climate agenda because part of the climate agenda is fewer human beings at the end of the day. the bottom line, the bottom line right now it's ironic to see senators bullying the federal reserve chair and right in front of everyone her and sanders it's not even for the average person. she is not saying the average person is being crushed under these policies. by the way we haven't gotten to why the fed, they don't deliberately say we want to crush the average person. what they are saying democrats and pro
since jerome powell started hiking interest rates. $500 billion liabilities add to interest rates on average people out there. in the meantime, wealthy people have made an extra $300 billion a year. they own the bonds. they own the instruments that actually go up. so she is not saying please, please, fed, lower rates for the people because the people don't matter. they do not care about people. the progressive ideology puts the climate things, this whole climate agenda before people, all...
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Mar 29, 2024
03/24
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fed chair jerome powell speaking at a macro economics and monetary policy conference. watch his remarks tonight at 9:00 eastern here on c-span and online at c-span.org. ♪ >> celebrating the 20 the anniversary of our annual studentcam documentary competition. this year c-span asked middle and high school students across the country to look forward while considering the past. participants were given the option to look 20 years into the future or 20 years into the past. we received inspiring and thought-provoking documentaries from over 3200 students across 42 states. are top award of $5,000 for grand prize goes to nate coleman and jonah roth line, 10th graders in connecticut their compelling documentary innocence held hostage never getting past and future conflicts with iran. >> it is evident in the next 20 years the united states must make more policy that places heavy restriction on all americans traveling to iran because not only will we see a less -- the united states will have to participate in such negotiations with iran. >> congratulations to our winners and dom
fed chair jerome powell speaking at a macro economics and monetary policy conference. watch his remarks tonight at 9:00 eastern here on c-span and online at c-span.org. ♪ >> celebrating the 20 the anniversary of our annual studentcam documentary competition. this year c-span asked middle and high school students across the country to look forward while considering the past. participants were given the option to look 20 years into the future or 20 years into the past. we received...
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Mar 6, 2024
03/24
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jerome powell will be on capitol hill and lawmakers demanding answers about inflation. >> carley: cheryl casone has more. >> cheryl: good morning. that is right, powell is heading to capitol hill to give insight what the fed plan is on interest rates. it may rock the markets, coming off historic highs. brand new fox poll shows it is the economy, it is the biggest worry this election cycle ahead of immigrant, abortion and healthcare. 73% say it is fair or poor, slight improvement from december. stock market pchlsz could be a piece of that as 401(k)s show gains. 58% say biden has not helped the working class, 61% say he's failed on the economy. and there are high prices on gas, food and consumer products and president biden targeting corporations again saying it there fault citing shrink-flattion, which cookie monster posted about. administration creating task force for things on cereal, cracker and said cookies. >> todd: somebody talked to cookie monster about his grammar? >> carley: you read that tweet well. >> todd: former governor andrew cuomo facing fresh scrutiny for how he handled c
jerome powell will be on capitol hill and lawmakers demanding answers about inflation. >> carley: cheryl casone has more. >> cheryl: good morning. that is right, powell is heading to capitol hill to give insight what the fed plan is on interest rates. it may rock the markets, coming off historic highs. brand new fox poll shows it is the economy, it is the biggest worry this election cycle ahead of immigrant, abortion and healthcare. 73% say it is fair or poor, slight improvement...
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Mar 16, 2024
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on wednesday, jerome powell has his fist conference. janet yellen and the office of management and budget testified before the house appropriations subcommittee onices into general government. watch next week live on c-span now. head over to c-span.org for scheduling information or to watch live or on-demand anytime. c-span, your unfiltered view of government. >> american history tv exploring the people and events that tell the american story. we continue with the series "free to choose" made by martin friedman at his wife rose friedman. this episode is entitled how to stay free. university of california law professor david ziegler looks at the history of abortion and contraception laws in the u.s.. on "the presidency," they share little-known parts about the presidency. exploring the american story watch amicweekend and friday. on your program guide or watch online anytime at c-span.org/history. >> a healthy democracy doesn't just look like this, it looks like this, where americans can see democracy at work when . citizens are truly in
on wednesday, jerome powell has his fist conference. janet yellen and the office of management and budget testified before the house appropriations subcommittee onices into general government. watch next week live on c-span now. head over to c-span.org for scheduling information or to watch live or on-demand anytime. c-span, your unfiltered view of government. >> american history tv exploring the people and events that tell the american story. we continue with the series "free to...
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Mar 20, 2024
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what everyone is focused on is what jerome powell signals today , and fellow m
what everyone is focused on is what jerome powell signals today , and fellow m
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Mar 20, 2024
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powell, gives about the way ahead. that's where it is right now. inflation — the rate at which prices are rising — is at 3.2% after rising last month, and is proving rather stubborn to get back to the 2% target. and that's of course a challenge faced by other countries. in the uk we heard a few hours ago that inflation fell to 3.4%, the lowest in two and a half years, but also above a 2% target. and that comes ahead of the bank of england's interest rate decision on thursday. what could happen next? i've been speaking to the former us federal reserve economist claudia sahm and i asked her if we were expecting any change to the widely held view that the us central bank will cut interest rates three times this year. that's absolutely in play and again, as you said, it is the guidance the federal reserve are giving about what they are likely to do or what individual members of them think we are likely to do and yet the federal funds rate is not changing today. the borrowing rate for consumers and businesses absolutely
powell, gives about the way ahead. that's where it is right now. inflation — the rate at which prices are rising — is at 3.2% after rising last month, and is proving rather stubborn to get back to the 2% target. and that's of course a challenge faced by other countries. in the uk we heard a few hours ago that inflation fell to 3.4%, the lowest in two and a half years, but also above a 2% target. and that comes ahead of the bank of england's interest rate decision on thursday. what could...
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Mar 18, 2024
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jerome powell obviously has to go, we had a committee of a number of expert monetary people and people who are in the know about the economy and the fed policy in those three people that we came up with who we think would be ideal choices are people who you have on your show all the time, art laffer the regular economist and trump economist kevin hassett who was the chairman of the council of economic advisors for trump and then kevin warsh who has served at the federal reserve and understands all these policies. stuart: tell me about your new op-ed president joe biden's magical thinking on taxes, the fallout of the taxes. tell me. if biden gets all of the tax increases that he wants, if he gets them all, what will be the impact of the economy and the debt. >> armageddon, i've been doing this for 40 years i started reviewing presidential budget in 1985 that's almost a 40 year period that's almost a presidential budget under the democratic president, republican presidents and i have to tell you this is by far nothing comes close. even under obama to the financial recklessness of this bu
jerome powell obviously has to go, we had a committee of a number of expert monetary people and people who are in the know about the economy and the fed policy in those three people that we came up with who we think would be ideal choices are people who you have on your show all the time, art laffer the regular economist and trump economist kevin hassett who was the chairman of the council of economic advisors for trump and then kevin warsh who has served at the federal reserve and understands...
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Mar 18, 2024
03/24
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powell in terms of trying on to understand when a first rate cut could potentially take place this year. it's worth noting the inflation data did bring down expectations of significant rate cut this year. so let's see what the fed will communicate later on. >> all right. let's hit a couple more headlines. reddit is under investigation by the federal trade commission days ahead of its highly anticipated initial public offering. what's behind this? >> so the ftc sent a letter to reddit to inform the company it was undergoing an investigation -- and i quote them here -- that was essentially looking at the sale, licensing, or using shared generation content of third parties in terms of training ai models. this is a significant development because, of course, we're expecting reddit to start trading on wall street later on this week. we'll see how it impacts business going forward. however, it's worth remembering the main business is online advertising, however, they have started to expand their business in terms of data licensing services. so let's see whether this investigation could impact
powell in terms of trying on to understand when a first rate cut could potentially take place this year. it's worth noting the inflation data did bring down expectations of significant rate cut this year. so let's see what the fed will communicate later on. >> all right. let's hit a couple more headlines. reddit is under investigation by the federal trade commission days ahead of its highly anticipated initial public offering. what's behind this? >> so the ftc sent a letter to...
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Mar 20, 2024
03/24
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fed chair jerome powell said it might mean interest rates can't come down as fast as they hoped. >> we were saying that it's gonna be a bumpy ride, we've consistently said that. now, here are some bumps and the question is, are they more than bumps? we just, we can't know that, and that's why we are approaching this question carefully. geoff: meantime, the congressional budget office projected that in 30 years time, federal debt will reach 166 percent of u.s. economic output. that's actually down from the last forecast. secretary of state antony blinken is back in the middle east tonight, trying to get an agreement to halt the war in gaza. he began with a stop in saudi arabia to meet with the crown prince and his foreign minister. blinken flies to egypt tomorrow and then to israel on friday. (unless otherwise noted in -- and then to israel on friday. in washington, senate majority leader chuck schumer declined a request by israeli prime minister benjamin netanyahu to speak to the senate democratic caucus today. the prime minister spoke instead via video call to senate republicans. schu
fed chair jerome powell said it might mean interest rates can't come down as fast as they hoped. >> we were saying that it's gonna be a bumpy ride, we've consistently said that. now, here are some bumps and the question is, are they more than bumps? we just, we can't know that, and that's why we are approaching this question carefully. geoff: meantime, the congressional budget office projected that in 30 years time, federal debt will reach 166 percent of u.s. economic output. that's...
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Mar 27, 2024
03/24
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. >> well, it surprised me that fed chair, jerome powell, said we'll cut rates three times as the dot plot says. maria: that surprised me too. >> they're talking about how frothy conditions are. you're seeing that with some semiconductor stocks, nvidia, adam, they're so high, trade at such a high premium to where they normally trade at, you've got net worths at the h highest levels in u.s. history, you've got gold up, bitcoin up. .if the fed cuts too early, it will add fuel to the fire. maria: at a time when we're finally seeing activity in the capital markets in terms of ipos here and there, m&a. johnson & johnson in talks to acquire shock wave medical, shock wave has a market value of nearly $12 billion. ups' ceo says that ups is actively looking at m&a opportunities in healthcare. they made a couple acquisitions for boomy and mnx global logistics but the ceo of ups says that both of those acquisitions will, quote, enhance our capabilities, particularly in cold chain. isn't this interesting that you're seeing ups go for healthcare? >> it's interesting to see them diversify. they obv
. >> well, it surprised me that fed chair, jerome powell, said we'll cut rates three times as the dot plot says. maria: that surprised me too. >> they're talking about how frothy conditions are. you're seeing that with some semiconductor stocks, nvidia, adam, they're so high, trade at such a high premium to where they normally trade at, you've got net worths at the h highest levels in u.s. history, you've got gold up, bitcoin up. .if the fed cuts too early, it will add fuel to the...
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Mar 20, 2024
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chairman jerome powell has said he expects to cut interest rates three times this year. and, is travis kelce smarter than a fifth grader? >> no, man. we both got kicked out of preschool. >> when is the last time travis kelce read a book. >> malcolm gladwell books. >> which ones? outliers? >> i would like to say lier. -- honestly, you guys know i can't read. [laughter] >> carley: at least is he honest. according to variety, the kansas city chiefs tight end is in talks to host a reboot of the show are you smarter than a fifth grader. there are questions of how much of a time commitment kelce would have to make if the super bowl champion continues playing football. those are the headlines. sounds like he has a good personality that podcast with his brother is huge. >> steve: the game show though historically. >> carley: record one. >> steve: do a week's ghort one day. he might have the time. >> carley: i think so. >> brian: he wants to be an action star. you don't be an action star and game show host. unless one of the kids had a control or he tries to run away. >> steve: m
chairman jerome powell has said he expects to cut interest rates three times this year. and, is travis kelce smarter than a fifth grader? >> no, man. we both got kicked out of preschool. >> when is the last time travis kelce read a book. >> malcolm gladwell books. >> which ones? outliers? >> i would like to say lier. -- honestly, you guys know i can't read. [laughter] >> carley: at least is he honest. according to variety, the kansas city chiefs tight end is...