Between 5. 25 and 5. 5 . Months ago, many had forecast that this rate would be ready to cut around now but the latest Inflation Figures have dampened expectations as prices rose at 3. 5 in the year to march, which was higher than the february figure of 3. 2 . The feds target for inflation, like most Central Banks, is for 2 . So still some way to go. And those price rises are feeding into some wider negative sentiment. The latest report from the economic think tank the Conference Board shows that Consumer Confidence is falling with people more downbeat about future business conditions, jobs and income. To delve into that report joining me now is sara murray global managing director at the Conference Board international. Thank you forjoining us today. Take us in to the mind of American Consumers right now. How are they feeling . As you said, confidence has deteriorated to the Conference Board run the Consumer Confidence index and have been doing it for over 50 years and it has gone down
Has already been scrapped. The cabinet will meet in manchester shortly. In his Party Conference speech shortly, rishi sunak is expected to set out alternative projects in the north of england and wales. He is likely to argue they amount to a better use of public money and can deliver improvements more quickly. Speculation over the future of hs2, beset by long delays and spiralling costs, has dominated the tory conference. The West Midlands mayor, andy street, a tory, ones that the prior minister is about to make an incredible political gaffe and he has not ruled out resigning over the issue. Nick eardleyjoins us from manchester. Nick, announcing that the line is going to be scrapped in the line is going to be scrapped in the city that it was supposed to get to. What is the prior minister expecting to get from this, politically . It expecting to get from this, politically . Expecting to get from this, politically . It is pretty bold, isnt it . The politically . It is pretty bold, isnt i
And more in some cases. But whatever i can do to help with regard to speaker. Im also leading biden by a lot. If i wasnt i wouldnt have trials like this. Thank you very much. How is melania, mr. President . You are going through a lot. Bill there you go, last question about the former first lady, right . Martha we were talking as he came out. I hope someone asks him about the speaker question because his name gets getting floated for that. I would say based on the comments he made they should take him off that list. He is focused on running for president. 40 to 50 points ahead. I dont know why anybody wants to run into the buzz saw of Speaker Of The House. Not a productive place to be at the moment. He kind of brushed that idea off. Bill martha maccallum, bill hemmer. Andy mccarthy joins us now. Former u. S. District attorney. You wrote this week with trump already found guilty his new york fraud trial begins. You say the Boll Show Vick Block of the Democratic Party is having its Fanta
And resulting in a multiyear investigation by the Us Government into the Worlds Largest Cryptocurrency Exchange binance. As part of the agreement, he stepped out of the ceo and founder apologised to the court in seattle singles company had now put in place anti Money Laundering controls and is watched by his mother and is watched by his mother and sister who were in court as he learned his fate. The sentence was considerably shorter than the three years prosecutors are demanding less than 12 to 18 months recommended underfederal recommended under federal guidelines. Once recommended underfederal guidelines. Once considered the most powerful person in the Crypto Industry is the second major crypto boss to be sentenced to prison. In march, he received 25 years behind bars for stealing 1 billion from customers from his now bankrupt exchange. But binance is still the biggest Cryptocurrency Exchange in the world and he has his own eyes on the future. Recently announcing plans to launch a ne
Here are tonights headlines. Everything was perfect. There was no crime. Norah . Norah donald trump and his son eric and her a manhattan courtroom fighting a more than 250 million lawsuit. Could he lose control of some of his high profile property is like trump tower . No matter how much money you think you may have, no one is above the law. Congress did the unexpected. Lawmakers passed a bipartisan bill over the weekend avoiding a government shutdown. But there is a new political crisis developing. The push to remove Health Speaker Kevin Mccarthy. Its becoming increasingly clear who the speaker the house already works for and its not the republicans. The fbi joining a search for a 9yearold girl who banished from a park while riding a bicycle. Was abducted and is in danger. Its been on the Largest Health care workers strike in history looms as Union Workers across Industries Hit the picket line. What are their demands . The details tonight. Student Loan Payments are back for millions o