An environmental ministry is a national or subnational government agency politically responsible for the environment and/or natural resources. Various other names are commonly used to identify such agencies, such as Ministry of the Environment, Department of the Environment, Department for the Environment, Department of Environmental Protection, Department of Natural Resources, and so forth. Such agencies typically address environmental concerns such as the maintenance of environmental quality, nature preserves, the sustained use of natural resources, and prevention of pollution or contamination of the natural environment. Following is a list of environmental ministries by country:
Federal Department of Environment, Transport, Energy and Communications
The Federal Department of Environment, Transport, Energy and Communications (DETEC, German:Eidgenössisches Departement für Umwelt, Verkehr, Energie und Kommunikation, French:Département fédéral de l'environnement, des transports, de l'énergie et des communications, Italian:Dipartimento federale dell'ambiente, dei trasporti, dell'energia e delle comunicazioni, Romansh:Departament federal per ambient, traffic, energia e communicaziun DATEC) is one of the seven departments of the Swiss federal government, headed by a member of the Swiss Federal Council.
Organisation
The Department is composed of the following offices:
General Secretariat
Federal Office for Spatial Development (ARE): Coordinates area planning between the federal agencies, the cantons and the municipalities.
Federal Office for the Environment (FOEN): Responsible for matters of the environment, including the protection of plants and animals and the protection against noise, air pollution or natural hazards.
Federal-style architecture is the name for the classicizing architecture built in North America between c. 1780 and 1830, and particularly from 1785 to 1815, mostly from the two brothers, Robert Adam and James Adam. This style shares its name with its era, the Federal Period. The name Federal style is also used in association with furniture design in the United States of the same time period. The style broadly corresponds to the classicism of Biedermeier style in the German-speaking lands, Regency style in Britain and to the French Empire style.
Characteristics
In the early American republic, the founding generation consciously chose to associate the nation with the ancient democracies of Greece and the republican values of Rome. Grecian aspirations informed the Greek Revival, lasting into the 1850s. Using Roman architectural vocabulary, the Federal style applied to the balanced and symmetrical version of Georgian architecture that had been practiced in the American colonies' new motifs of neoclassical architecture as it was epitomized in Britain by Robert Adam, who published his designs in 1792.
The track was released as the first single from the singer's debut in the United States on May 27, 2008. Although being released worldwide it initially only charted in New Zealand at number two and only managed to reach top thirty on the U.S. BillboardHot R&B/Hip-Hop Songs and Hot Dance Club Play charts.
Generally well received by music critics, it was named sixty-first on The Top 144 Songs of 2008 listing by Blender magazine.
Background
"Energy" was written and produced by The Runaways. It was also recorded by The Runaways at Homesite 13 studios in Novato, California. and Hilson stated that she wanted to prove that she can be successful even without collaborations and guest vocalists and so it was announced "Energy" would be released as the next worldwide single following the success of "Knock You Down". The song was released on September 14, 2009 in the UK. On September 25, 2009 she appeared live on breakfast TV show GMTV in the UK where she performed the single. That same day, she appeared on BBC Radio 1's Live Lounge where she performed a stripped version of "Energy" as well as a gospel cover version of "Supernova" originally sung by Mr Hudson and Kanye West.
"Energy" contains samples from Eazy-Duz-It performed by Eazy-E and Ridin Spiners performed by Three 6 Mafia. Energy was produced by Boi-1da and OB O'Brien. According to WhoSampled the song samples the score of an episode of The O.C..
Critical reception
"Energy" received acclaim from music critics with many calling it the best song of the album. Ryan Dombal of Pitchfork gave the song a positive review and named it "Best New Track", stating "The song isn't aimed to any rappers or pop stars, not Kendrick Lamar, Big Sean or Tyga, but the song lines are dangerous."
Music video
Release
The video of "Energy" was released on Apple Music and users with iTunes and registered Apple Music account can watch this video.
Food energy is chemical energy that animals (including humans) derive from their food and molecular oxygen through the process of cellular respiration. (Cellular respiration involves either the process of joining oxygen from air with the molecules of food (aerobic respiration) or the process of reorganizing the atoms within the molecules (anaerobic respiration).)
Humans and other animals need a minimum intake of food energy to sustain their metabolism and to drive their muscles. Foods are composed chiefly of carbohydrates, fats, proteins, water, vitamins, and minerals. Carbohydrates, fats, proteins, and water represent virtually all the weight of food, with vitamins and minerals making up only a small percentage of the weight. (Carbohydrates, fats, and proteins comprise ninety percent of the dry weight of foods.) Organisms derive food energy from carbohydrates, fats and proteins as well as from organic acids, polyols, and ethanol present in the diet. Some diet components that provide little or no food energy, such as water, minerals, vitamins, cholesterol, and fibre, may still be necessary to health and survival for other reasons. Water, minerals, vitamins, and cholesterol are not broken down (they are used by the body in the form in which they are absorbed) and so cannot be used for energy. Fiber, a type of carbohydrate, cannot be completely digested by the human body. Ruminants can extract food energy from the respiration of cellulose because of bacteria in their rumens.
Federal Reserve Chair Powell speaks after Fed cuts interest rates by a quarter point
Federal Reserve Chair Jerome Powell delivers remarks following the Central Bank's two-day policy meeting on Wednesday. The Federal Reserve lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
published: 18 Dec 2024
Powell Speaks After the Fed Cut Rates | The Fed Decides
The Federal Reserve lowered its benchmark interest rate for the third consecutive time, but reduced the number of expected rate cuts in 2025.
The Federal Open Market Committee voted 11-1 on Wednesday to cut the federal funds rate to a range of 4.25%-4.5%.
This is a special Bloomberg Surveillance, The Fed Decides.
More on Bloomberg Television and Markets
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published: 18 Dec 2024
FOMC Press Conference December 18, 2024
Captions: https://www.streamtext.net/player?event=CFI-FRB&chat=false
The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.
The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through se...
published: 18 Dec 2024
Federal Reserve cuts rates by 25 basis points
The Federal Reserve on Wednesday released its decision regarding interest rates.
published: 18 Dec 2024
BREAKING: Federal Reserve Cancels 2025 Interest Rate Cuts Because of Rising Inflation (4 Cuts to 2)
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published: 18 Dec 2024
URGENT: Federal Reserve Cancels 2025 Rate Cuts, Markets Crashing FAST!
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INFLATION:
On December 11th, overall inflation across all items rose by 2.7%, year over year. In terms of where inflation is most persistent, Food at home increased by 1.6%, food away from home (like restaurants), is up 3.6%, Motor Vehicle insurance is up 13%, Health Insurance is up 6%, and Energy is Down by 3.2%.
On top of that, it’s estimated that “Shelter, which has about a one-third weighting in the CPI calc...
published: 18 Dec 2024
Stocks plunge after Fed signals fewer rate cuts for 2025
Lori Calvasina, RBC Capital Markets head of US equity strategy, and David Zervos, Jefferies chief market strategist, joins 'Closing Bell Overtime' to talk the markets reaction to the Fed's rate cut today.
published: 18 Dec 2024
Federal Reserve Chair Powell speaks after Fed cuts interest rates by a quarter point —12/18/24
Federal Reserve Chairman Jerome Powell delivers remarks following the Federal Reserve's two-day policy meeting on Wednesday.
The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
In a move widely anticipated by markets, the Federal Open Market Committee cut its overnight borrowing rate to a target range of 4.25%-4.5%, back to the level where it was in December 2022 when rates were on the move higher.
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published: 18 Dec 2024
Jerome Powell on U.S. economy after Federal Reserve interest rate cut decision
The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's expected next.
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
Subscribe to the CBS News YouTube channel: https://youtube.com/cbsne...
published: 18 Dec 2024
Federal Reserve cuts interest rate again
The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
Watch CBS News 24/7: https://...
Federal Reserve Chair Jerome Powell delivers remarks following the Central Bank's two-day policy meeting on Wednesday. The Federal Reserve lowered its key inter...
Federal Reserve Chair Jerome Powell delivers remarks following the Central Bank's two-day policy meeting on Wednesday. The Federal Reserve lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
Federal Reserve Chair Jerome Powell delivers remarks following the Central Bank's two-day policy meeting on Wednesday. The Federal Reserve lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
The Federal Reserve lowered its benchmark interest rate for the third consecutive time, but reduced the number of expected rate cuts in 2025.
The Federal Open M...
The Federal Reserve lowered its benchmark interest rate for the third consecutive time, but reduced the number of expected rate cuts in 2025.
The Federal Open Market Committee voted 11-1 on Wednesday to cut the federal funds rate to a range of 4.25%-4.5%.
This is a special Bloomberg Surveillance, The Fed Decides.
More on Bloomberg Television and Markets
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The Federal Reserve lowered its benchmark interest rate for the third consecutive time, but reduced the number of expected rate cuts in 2025.
The Federal Open Market Committee voted 11-1 on Wednesday to cut the federal funds rate to a range of 4.25%-4.5%.
This is a special Bloomberg Surveillance, The Fed Decides.
More on Bloomberg Television and Markets
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Captions: https://www.streamtext.net/player?event=CFI-FRB&chat=false
The Federal Reserve System is the central bank of the United States. It performs five gene...
Captions: https://www.streamtext.net/player?event=CFI-FRB&chat=false
The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.
The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
Visit the Federal Reserve’s website at www.federalreserve.gov for more information.
Captions: https://www.streamtext.net/player?event=CFI-FRB&chat=false
The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.
The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
Visit the Federal Reserve’s website at www.federalreserve.gov for more information.
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ClearValue Tax and affiliates and related parties do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Thank you for your support!
Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!
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ClearValue Tax and affiliates and related parties do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Thank you for your support!
Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: https://policygenius.com/graham Thanks to Policygenius for ...
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: https://policygenius.com/graham Thanks to Policygenius for sponsoring this video! | Let's talk about the Federal Reserve Rate Cut and what this means for 2025 - Enjoy! Add me on Instagram: GPStephan
GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter
INFLATION:
On December 11th, overall inflation across all items rose by 2.7%, year over year. In terms of where inflation is most persistent, Food at home increased by 1.6%, food away from home (like restaurants), is up 3.6%, Motor Vehicle insurance is up 13%, Health Insurance is up 6%, and Energy is Down by 3.2%.
On top of that, it’s estimated that “Shelter, which has about a one-third weighting in the CPI calculation, accounted for about 40% of the total increase in November" and, in this case ”the shelter index rose 4.7% on a 12-month basis.”
STOCK MARKET:
If we go all the way back to the 1920s, there have only been 9 times where we’ve seen more than a 30% return in a year - and, with the exception of the Great Depression - there usually follows more positive returns in the years that follow.
However, Warren Buffet is taking a more cautious approach while he sells massive positions and sits on his largest cash-pile of all time, at $325 billion dollars. On top of that, one economist was quoted as saying that “The stock market is in a 'mania' that will push it higher before a potential 26% drop in 2025.”
HOUSING MARKET:
Despite mortgage rates being their highest in 20 years - home prices have continue to grow, with the average home rising 5.9% since December of last year. In terms of which markets are seeing the biggest increase, Detroit Michigan saw a 15% gain year-over-year - followed by Chicago at 13.5%, Newark at 11%, and Cleveland at 10% - with the hardest hit being Austin and San Antonio, Texas - having fallen 3-4.5% over the last 12 months.
MY THOUGHTS:
In terms of the stock market, I think it’s important to keep in mind that - even though stocks are expensive - relatively speaking, based on history - honestly, no one has any clue what’s going to happen in the future. I’m still just dollar cost averaging, and I’m not deterred whatsoever by all time highs.
The YouTube Creator Academy:
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*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice.
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: https://policygenius.com/graham Thanks to Policygenius for sponsoring this video! | Let's talk about the Federal Reserve Rate Cut and what this means for 2025 - Enjoy! Add me on Instagram: GPStephan
GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter
INFLATION:
On December 11th, overall inflation across all items rose by 2.7%, year over year. In terms of where inflation is most persistent, Food at home increased by 1.6%, food away from home (like restaurants), is up 3.6%, Motor Vehicle insurance is up 13%, Health Insurance is up 6%, and Energy is Down by 3.2%.
On top of that, it’s estimated that “Shelter, which has about a one-third weighting in the CPI calculation, accounted for about 40% of the total increase in November" and, in this case ”the shelter index rose 4.7% on a 12-month basis.”
STOCK MARKET:
If we go all the way back to the 1920s, there have only been 9 times where we’ve seen more than a 30% return in a year - and, with the exception of the Great Depression - there usually follows more positive returns in the years that follow.
However, Warren Buffet is taking a more cautious approach while he sells massive positions and sits on his largest cash-pile of all time, at $325 billion dollars. On top of that, one economist was quoted as saying that “The stock market is in a 'mania' that will push it higher before a potential 26% drop in 2025.”
HOUSING MARKET:
Despite mortgage rates being their highest in 20 years - home prices have continue to grow, with the average home rising 5.9% since December of last year. In terms of which markets are seeing the biggest increase, Detroit Michigan saw a 15% gain year-over-year - followed by Chicago at 13.5%, Newark at 11%, and Cleveland at 10% - with the hardest hit being Austin and San Antonio, Texas - having fallen 3-4.5% over the last 12 months.
MY THOUGHTS:
In terms of the stock market, I think it’s important to keep in mind that - even though stocks are expensive - relatively speaking, based on history - honestly, no one has any clue what’s going to happen in the future. I’m still just dollar cost averaging, and I’m not deterred whatsoever by all time highs.
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF - $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
For business inquiries, you can reach me at [email protected]
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice.
Lori Calvasina, RBC Capital Markets head of US equity strategy, and David Zervos, Jefferies chief market strategist, joins 'Closing Bell Overtime' to talk the m...
Lori Calvasina, RBC Capital Markets head of US equity strategy, and David Zervos, Jefferies chief market strategist, joins 'Closing Bell Overtime' to talk the markets reaction to the Fed's rate cut today.
Lori Calvasina, RBC Capital Markets head of US equity strategy, and David Zervos, Jefferies chief market strategist, joins 'Closing Bell Overtime' to talk the markets reaction to the Fed's rate cut today.
Federal Reserve Chairman Jerome Powell delivers remarks following the Federal Reserve's two-day policy meeting on Wednesday.
The Federal Reserve on Wednesday ...
Federal Reserve Chairman Jerome Powell delivers remarks following the Federal Reserve's two-day policy meeting on Wednesday.
The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
In a move widely anticipated by markets, the Federal Open Market Committee cut its overnight borrowing rate to a target range of 4.25%-4.5%, back to the level where it was in December 2022 when rates were on the move higher.
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Federal Reserve Chair Powell speaks after Fed cuts interest rates by a quarter point — 12/18/2024
Federal Reserve Chairman Jerome Powell delivers remarks following the Federal Reserve's two-day policy meeting on Wednesday.
The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
In a move widely anticipated by markets, the Federal Open Market Committee cut its overnight borrowing rate to a target range of 4.25%-4.5%, back to the level where it was in December 2022 when rates were on the move higher.
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Federal Reserve Chair Powell speaks after Fed cuts interest rates by a quarter point — 12/18/2024
The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jil...
The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's expected next.
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
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The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's expected next.
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
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The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has mo...
The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
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The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
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Federal Reserve Chair Jerome Powell delivers remarks following the Central Bank's two-day policy meeting on Wednesday. The Federal Reserve lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
The Federal Reserve lowered its benchmark interest rate for the third consecutive time, but reduced the number of expected rate cuts in 2025.
The Federal Open Market Committee voted 11-1 on Wednesday to cut the federal funds rate to a range of 4.25%-4.5%.
This is a special Bloomberg Surveillance, The Fed Decides.
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The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.
The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
Visit the Federal Reserve’s website at www.federalreserve.gov for more information.
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INFLATION:
On December 11th, overall inflation across all items rose by 2.7%, year over year. In terms of where inflation is most persistent, Food at home increased by 1.6%, food away from home (like restaurants), is up 3.6%, Motor Vehicle insurance is up 13%, Health Insurance is up 6%, and Energy is Down by 3.2%.
On top of that, it’s estimated that “Shelter, which has about a one-third weighting in the CPI calculation, accounted for about 40% of the total increase in November" and, in this case ”the shelter index rose 4.7% on a 12-month basis.”
STOCK MARKET:
If we go all the way back to the 1920s, there have only been 9 times where we’ve seen more than a 30% return in a year - and, with the exception of the Great Depression - there usually follows more positive returns in the years that follow.
However, Warren Buffet is taking a more cautious approach while he sells massive positions and sits on his largest cash-pile of all time, at $325 billion dollars. On top of that, one economist was quoted as saying that “The stock market is in a 'mania' that will push it higher before a potential 26% drop in 2025.”
HOUSING MARKET:
Despite mortgage rates being their highest in 20 years - home prices have continue to grow, with the average home rising 5.9% since December of last year. In terms of which markets are seeing the biggest increase, Detroit Michigan saw a 15% gain year-over-year - followed by Chicago at 13.5%, Newark at 11%, and Cleveland at 10% - with the hardest hit being Austin and San Antonio, Texas - having fallen 3-4.5% over the last 12 months.
MY THOUGHTS:
In terms of the stock market, I think it’s important to keep in mind that - even though stocks are expensive - relatively speaking, based on history - honestly, no one has any clue what’s going to happen in the future. I’m still just dollar cost averaging, and I’m not deterred whatsoever by all time highs.
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Lori Calvasina, RBC Capital Markets head of US equity strategy, and David Zervos, Jefferies chief market strategist, joins 'Closing Bell Overtime' to talk the markets reaction to the Fed's rate cut today.
Federal Reserve Chairman Jerome Powell delivers remarks following the Federal Reserve's two-day policy meeting on Wednesday.
The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
In a move widely anticipated by markets, the Federal Open Market Committee cut its overnight borrowing rate to a target range of 4.25%-4.5%, back to the level where it was in December 2022 when rates were on the move higher.
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Federal Reserve Chair Powell speaks after Fed cuts interest rates by a quarter point — 12/18/2024
The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's expected next.
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
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The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
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An environmental ministry is a national or subnational government agency politically responsible for the environment and/or natural resources. Various other names are commonly used to identify such agencies, such as Ministry of the Environment, Department of the Environment, Department for the Environment, Department of Environmental Protection, Department of Natural Resources, and so forth. Such agencies typically address environmental concerns such as the maintenance of environmental quality, nature preserves, the sustained use of natural resources, and prevention of pollution or contamination of the natural environment. Following is a list of environmental ministries by country: