you are part of a new vanguard of investors, kayla kilbride, tiktok content creator, thanks.s is bloomberg. ♪ caroline: president joe biden, currently laying out next steps to get more americans vaccinated, and discussing levels of vaccination, and levels of delta. let's listen. president biden: the places people are going to have to wear masks are in those community where the high rate of the unvaccinated are high, and they don't move. they don't move to get vaccinated. i think you are going to find the patience of a lot of businesses in the patience of a lot of people running thin, because if we had high vaccination rates, we wouldn't be in this spot right now. reporter: will there be a place set up for the vaccinated and unvaccinated? president biden: what i am going to do is keep people safe. i mean that sincerely. so if in fact you are unvaccinated, you present a problem -- to yourself, to your family and those with whom you work. because i was asked about why people who are already vaccinated get it. you have anywhere from 2%-3% on average, from the last study done, tha

coming up, kayla kilbride, a tiktok content creator. this is bloomberg.n the bloomberg first word news. the tokyo olympics will ban domestic spectators and events held in the city. that reverses an earlier decision to allow some fans. a resurgence in coronavirus cases push the government to declare a of emergency in tokyo. your trip to the grocery store may soon cost last. global food prices fell for the third time in a year. the united nations gauge of food cost fell 2.5% in june. it was the first decline since may 2020. consumers may not feel the drop just yet. the index tracks the cost of raw materials and it takes time for price changes to feedthrough to store shelves. bloomberg has learned european central bank policymakers have agreed to raise their inflation: 2%. plus they will allow room to overshoot it if needed. that is a big change from the previous target of below but close to 2%. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i am ritika gupta. this i