australian economy has been incredibly resilient. one difference though between here and the us, the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real tdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the a
resilient, one difference between here and the us, the us is further along, and our central bank is more conservative and always looks at the us for guidance.- at the us for guidance. what are the key at the us for guidance. what are the key factors at the us for guidance. what are the key factors driving i at the us for guidance. what l are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? impact the economic outlook for the ear? , ., . impact the economic outlook for the ear? ., the year? the economic outlook is lookin: the year? the economic outlook is looking at the year? the economic outlook is looking at 296 the year? the economic outlook is looking at 296 with the year? the economic outlook is looking at 296 with inflation i is looking at 2% with inflation looking at mid single digit level, with the rate currently, most economists expect no rice today and potentially three cuts
suspending his public duties. just days after king charles was released from the hospital for treatment of an enlarged prostate, the royal family revealing king charles has now been diagnosed with an undisclosed form of cancer. news tonight prince harry will go home from the u.s. what we know at this hour. maggie ruely live in london. here in the u.s., that deadly storm, the scope of this growing tonight. breaking news from nevada, word of an avalanche. dangerous driving, cars hydroplaning off highways, wind gusts up to 100 miles per hour. ginger zee and rob marciano in the storm zone tonight. the major justs, republicans and democrats coming up with a bipartisan plan to address the border. and the news late today, the conservative leaning border patrol union, the officers who patrol the border, endorsing the plan. but tonight the house speaker signaling republicans in the house are not interested amid pressure from donald trump not to go along with any deal. rachel scott l
president biden wrapping up in los angeles today as candidates compete for battleground nevada this week. even nbc can t believe how bad bidens numbers are in polls. a pollster tells us we are looking at presidency in peril. 16 polls for donald trump over joe biden. carley: a massive storm may drop rain today and tomorrow. we are keeping an eye on the radar for you and taylor swift making history at the grammys last night. something she said his fans going wild. you are watching fox and friends first, i m carley shimkus. todd piro has the day off. senate negotiators releasing text of the border deal after months of closed-door discussions. madeline rivera is here this morning. this bill is only hours old but facing backlash from the left and right. when the number reaches 5000 over a seven-day period. negotiators clarify this does not mean 5000 are allowed in. the bill provides $650 million to reinforce miles of new border wall, deports illegal aliens after they c
widening probe. the mumbai. tell us more about this widening probe. widening probe. the issues can turn delicate widening probe. the issues can turn delicate concerned - widening probe. the issues can turn delicate concerned the - turn delicate concerned the payment division of the company which can keep deposits of up to $2400 but cannot lend to its customers and there at the central bank has cited persistent noncompliance and supervisory concerns. paytm has beenin supervisory concerns. paytm has been in regulatory cross hairs. there have been multiple warnings sent by the regulator to look into the dealings between the banking division as well as the popular payments app well as the popular payments app paytm. latest reports say theissues app paytm. latest reports say the issues include multiple transaction beyond regulatory limits, improper customer verification and even raising money laundering consent and violation of forex reels. experts say the harsh action could in