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The Federal Reserve is poised to cut interest rates on Wednesday for the first time since the 2008 financial crisis to extend the longest economic expansion in US history.The move would come despite a strong US economy. But some cracks are beginning to show: The global economy is softening, American manufacturing is slowing, and the global trade war isn't helping matters.But a potential rate cut would also follow months of pressure from President Donald Trump, who has broken with his predecessors' practice of walling off the central bank from politics.Jerome Powell, the chairman of the world's most influential central bank, has repeatedly pledged to follow economic data, and policymakers have become increasingly worried that uncertainty, caused in part by the President's trade wars with China and other countries, will hamper global growth and dampen investment."We are carefully monitoring these developments and assessing their implications for the US economic outlook and inflation, and will act as appropriate to sustain the expansion," Powell reiterated in remarks delivered at a French government conference in Paris on July 16.Even before the central bank signaled the possibility last month, investors had already priced in a reduction in the federal funds rate, which influences the cost of mortgages, credits cards and other borrowing. Those expectations piled on additional pressure on the Fed to move at this week's meeting to avoid rattling markets with an abrupt change in course.The Fed chairman has brushed off such pressures -- political or otherwise -- arguing the Fed is "insulated" from such demands as an independent institution outside of the control of the White House and whose decisions are informed by incoming economic data.The Fed last raised rates in December but has backed off plans for further tightening.In June, Powell began to make the case that the Fed, like other central banks, around the world needed to act earlier to get ahead of any economic weakness especially given how low interest rates currently are -- a reversal from his previous stance."If you see weakness, it's better to come in earlier rather than later," Powell said at an appearance before the Council on Foreign Relations in New York. "I think most central banks would want to act preemptively and let a downturn gather steam, in a sense, the thought being an ounce of prevention is worth a pound of cure."That message has been echoed by other top officials, including Federal Reserve Bank President William Dudley.Efforts by the Fed to prevent an economic downturn is unlikely to win a reprieve from the White House. A day before policymakers were set to gather for their two-day interest-setting meeting in Washington this week, Trump chastised the Fed for making "all the wrong moves," adding, "a small rate cut is not enough."Trump has kept up a year-long relentless attacks against the Fed, often lamenting he regrets appointing Powell for the role, and going so far as to threaten to fire him. He's called the central bank his "biggest threat" and accused them of behaving like a "stubborn child" for refusing to cut rates and keeping credit too tight.It will be up to Powell during his now-routine press conference to justify the decision to plow ahead with a rate cut given some prevailing strength in the economy. Since their last meeting in June, the data has consistently surprised to the upside with stronger-than-expected job gains, retail sales and economic growth in the second quarter.Wall Street analysts also suggest Friday's upcoming jobs numbers will also be an important economic milestone that will determine whether a further rate hike may be coming as early as September as some anticipate."Expect an overall strong report, eroding the case for further cuts, but given the strong easing bias of Fed leaders, much depends on exactly how strong the report is and how they adjust their messaging in response," Josh Wright, iCIMS' chief economist and former Fed staffer said. "'One and done' still seems like an economically justifiable outcome." 4095

Telluride is a small mountain town in Colorado that is famous for its world-class ski slopes.But soon, it might be known for its effort to fight the coronavirus."We were approached by a couple that lives in town, long time locals who happen to own a biomedical company," said Dr. Sharon Grundy, San Miguel County Public Health Officer"They were gracious and offered the testing for free to our entire county which is just an unheard-of opportunity," said Grace Franklin, Public Health Director, San Miguel CountyUnited Biomedical decided to launch its new coronavirus test in San Miguel County."This affects every area of the country and by creating a very clear and consistent cohort, like a small enough group that you can test everybody you can create the model that you can show how that would work," said Lou Reese who lives in Telluride with his wife Mei Mei Hu and their kids. They're also the co-CEOs of the company United Biomedical.The test developed by the company is different from the nasal and throat swabs you're used to knowing. "The test is a serum blood screening ELISA," said Reese."Antibodies for COVID-19, so a completely different test than the nasal swab," Grundy added.The test draws blood and analyzes if your immune system is fighting COVID-19. The test is similar to a test that detects HIV.The county says they expect to get test results in 48 hours. So far, the fastest they've gotten results from a swab test is five days.The plan is to test all of the county's 8,000 residents twice, 14 days apart. People sign up - but no one has to take it. Though the residents we talked to say they're eager to participate."This morning, I was able to fill out an application to take the test," said Kathleen Cole, who lives in Telluride."More information is always going to be helpful, and we'll let the experts take it from there," said John Neumann, who lives in Telluride.The health department says testing the county's entire population will help them make decisions about how to fight the virus best."By seeing how the disease is spreading in our county, or not, how can we start to lift and allow little pieces of normalcy come back in, in a way that will still protect our residents and minimize the burden on our medical facilities," said Franklin.Reese says after San Miguel County, he expects to scale the test across the country, though he wouldn't reveal exactly where."We went from, a week ago, ten thousand tests a week to now between one and two hundred thousand a week, and in the next month, we'll be at a million a day," said Reese. As the pandemic continues to happen, this is just another weapon in the fight against coronavirus. 2680

The death of George Floyd while in the custody of four Minneapolis police officers was “criminal,” the Major Cities Chiefs Association said in a statement on Monday. The association consists of dozens of chiefs of police from large American and Canadian cities. The letter was signed by dozens of chiefs of police throughout North America. “The death of George Floyd was, by any measure of professional policing unnecessary, avoidable and criminal,” the letter read. The chiefs released the letter on Monday as unrest over Floyd’s death and the treatment of African Americans by law enforcement has continued in recent days. The chiefs acknowledge now is the time to listen to communities of color who are concerned about the treatment of African Americans by law enforcement. One officer, Derek Chauvin, was charged with Floyd's death. Three other officers have not been charged, but are under investigation.Here is the letter in full:The death of George Floyd was, by any measure of professional policing unnecessary, avoidable and criminal. As leaders of the largest local law enforcement organizations in the United States and Canada, we must be honest about our history and ask ourselves tough questions before we are able to offer the right answers. A history dating back over two centuries that has included institutional racism and more recently, a history that during the civil rights movement over 50 years ago, included injustices and police brutality against African Americans who were fighting for equal rights and equal protections. We need to hear what America is telling us right now and we need to take bold and courageous action to change the narrative of our history as it relates to the disparate impact and outcomes that policing has had - and continues to have - on African Americans, people of color and the disenfranchised. We have had versions of this conversation before. Names echo to police and communities alike - Eric Garner, Walter Scott, Philando Castile, Jeremy Mardis and instances where African American men and women have unjustly lost their lives at the hands of police officers. Each of these cases raised different concerns, but collectively they add new and painful chapters to our history that compels all of us to take inventory and be held accountable. Accountability must continue to be the cornerstone of tangible and substantive change and ethical policing. We commend Minneapolis Police Chief Medaria Arradondo for taking decisive and necessary action by immediately firing the four officers. Understanding every chief’s administrative authorities are different and not everyone may be legally permitted to immediately terminate an officer’s employment, we expect every major city chief to take every action within their legal authority to hold officers accountable. The balance of labor and management is often out of calibration. Contracts and labor laws hamstring efforts to swiftly rid departments of problematic behavior and as law enforcement executives, we call for a review of those contracts and laws. It will take strong leadership from all of us as well as collaborative partnerships from leaders from all walks of life and all levels. Actions matter and so do words. Provocative statements create tension that lead to danger for police officers and the public. During challenging times, leaders need to reassure and calm, not instigate and stoke discord. Let us be the example for all leaders to follow. More than anything, this is a time for us to help facilitate healing, learning, listening and then dialogue, particularly in communities of color. Police departments, because of the nature of their work in a constantly changing democracy, have proven to be the most adaptive and agile agencies in municipal government. The Major Cities Chiefs Association will be a catalyst for these conversations, a resource for our members searching for best practices and a voice in the national discourse on race relations, policing and reform. 4007

The device looks similar to a taser, but acts more like a lasso with more and more police officers are adding it to their belt.“It will, much like a boomerang, wrap around the individuals extremities and prevent the individual from moving,” Los Angeles Police Department Chief Michel Moore said.LAPD is the most recent, and largest, police department to test the product. And their officers have to go through four hours of training to use it.“How could we provide the best tools and best options so officers would not have to resort to force, particularly deadly force,” Moore explained.Dozens of police departments around the U.S. are testing or have purchased the remote restraint device, including Sacramento, California, Fort Worth, Texas, and Minneapolis, Minnesota to name a few.“This tool is meant to be used early on in an encounter without causing pain to an individual,” Wrap Technologies Chief Operating Officer Mike Rothans said. He is a retired assistant sheriff with two children who work in law enforcement. The device works by releasing a cord that wraps around a person 20 to 25 feet away. On the end, there are metal anchors. The cord comes out of the device at 513 feet a second. At 10 feet, it drops to 270 feet a second.The devices costs ,000 a piece and are per use.“All you feel is maybe a metal slap from the anchors around each end of the cord. But it doesn’t really cause any pain,” Rothans said.Not everyone is convinced.What happens when someone’s in shorts or they’re in a skirt? What if they accidentally get someone’s neck?,” Cat Brooks, Co-founder of the Anti-Police Terror Project, explained. APTP is a coalition that works toward ending police terror.“We need to be transforming the way law enforcement engages with our community, not what weapons they have to be able to do so,” Brooks said.Rothans explained that one scenario the BolaWrap can be used in, is in the case of confronting someone dealing with a mental health problem.“Basically the issue with the mentally ill or dealing with people in crisis, isn’t unique to one particular area in the U.S.. It’s the same issue we see in small towns in Minnesota, or big cities like New York or Los Angeles,” he said. “Police officers have really become the de facto social services”People with severe mental illness are involved in at least one in four fatal police shootings, according to a study done by the Treatment Advocacy Center.“There’s really no reason to send a badge and a gun into that situation when you can send a mental health professional,” Brooks said.For officers, Rothans says this is a safer option that buys the responder some time.“This restricts their mobility and slows that individual down to allow officers to put a plan into place,” he explained.“There’s no perfect scenario or perfect formula,” Moore said during his press conference announcing the use of the device. 2899

The chicken sandwich war is over. The latest fast food feud is all about mac and cheese.Just weeks after Chick-fil-A rolled out its new mac and cheese side, KFC is debuting a new mac and cheese of its own -- but not as a side dish.KFC is topping its classic mac and cheese side dish with its popcorn chicken to make a bowl of, well, cheesy chicken. Those familiar with KFC's offerings know the mac and cheese bowl is a riff off their original Famous Bowls. Rather than mashed potatoes and gravy, they're serving regular and Nashville hot sauce-coated popcorn chicken over mac and cheese.Earlier this week, Popeyes' announcement of a new chicken sandwich ignited the Great Chicken Sandwich War, which was really just fast food brands arguing on Twitter over who has the best sandwich. KFC was oddly quiet during the brawl, and this announcement may explain why.KFC isn't the only fast food chain turning its attention to mac and cheese. The mac and cheese side dish is Chick-fil-A's first new permanent side on the menu since 2017. Boston Market already chimed in with their thoughts on the dish, implying theirs is superior.KFC's mac and cheese bowls will be available on August 26. The dishes will join the chain's Fill Up menu. 1244

来源：资阳报