Point cut and i think it supports a 25 point cut next week. Did you see any potential policy shifts at the debate? they had a lot of political rhetoric but not a lot of policy information. We already know were both candidates stand on addressing inflation. We ran a number of scenarios through our models to gauge what the inflationary implications are for each of the candidate policies ranging from trade, immigration, taxes and generally form a president trump would be more inflationary than vice president harris because of the tariffs which are inflationary. On top of that stricter immigration leads to tighter labour markets and stronger nominal wage growth in the united states which by extension would raise inflation a little bit. Not a lot of new information last night, just that the political focuses bringing inflation down but the policies the next few years say otherwise. Markets have been volatile. Will an interest rate cuts stabilise things? since the beginning of this year i |
That. Rate cut next week. Everyone seems to be talking about inflation because of the us president ial debate, if you watch that, did you see the potential Policy Shifts based on the candidate s . Mat on the Candidate S . Not reall , on the Candidate S . Not really. They on the Candidate S . Not really, they had on the Candidate S . Not really, they had a on the Candidate S . Not really, they had a lot on the Candidate S . Not really, they had a lot of| really, they had a lot of political rhetoric but not a lot of policy information. We already kind of know where both candidates stand on addressing inflation, i would candidates stand on addressing inflation, Iwould Run candidates stand on addressing inflation, i would run a candidates stand on addressing inflation, Iwould Run a number of scenarios through our macro model to kind of gauge what the inflationary implications are ranging from trade, government spending, taxes, generally, former President Trump would be more inflationary t
Which the opposition mr gonzalez s opposition colleague maria corina machado says he left the country because his life was in danger. Earlier, the european union s foreign affairs chiefjosep borrell, described it as a sad day for democracy in venezuela. In a statement, he said. . . Let s get the reaction of some residents of caracas. Translation: i feel. . . Hopelessness. What little hope we had went off with him. I think that his departure says a lot. I m very upset. But at the same time, i think he s safe where he is. We need to keep on fighting. And with faith, i m not losing hope. But this needs to end yesterday. Not tomorrow, but yesterday. Our reporter mimi swaby is monitoring the situation from our london newsroom. Shejoins me now she joins me now for shejoins me now for more on this. Maybe, good to speak to you. Where does this leave the opposition then now that their leader has gone into exile in spain? leader has gone into exile in sain?. ,. leader has gone into exile in sain
Refuge in the Spanish Embassy in caracas. Hed challenged the venezuelan president , Nicol S Maduro, injuly s elections, which the opposition claims it won. Mr gonzalez s Opposition Colleague Maria Corina Machado says he left the country because his life was in danger. Earlier, the European Unions Foreign Affairs chiefjosep borrell, described it as a sad day for democracy in venezuela. In a statement, he said. Lets get the reaction of some residents of caracas. Translation i feel. Hopelessness. What little hope we had went off with him. I think that his departure says a lot. Translation im very upset. But at the same time, i think hes safe where he is. We need to keep on fighting. And with faith. Im not losing hope. But this needs to end yesterday. Not tomorrow, but yesterday. Our reporter Mimi Swaybee is monitoring the situation from our london newsroom. Good our london newsroom. To speak with you. Now with good to speak with you. Now with the Opposition Leader exiled in spain where do
On wednesday following a report the White House is preparing to formally block Nippon Steels 14 Billion takeover bid. People familiar with the matter say a decision could be made as soon as this week. The move would be highly controversial and critics say it would lead to Job Losses and could chill foreign investment in the us. For more, heres our North America Business correspondent Ritika Gupta in new york. Nippon steels 14 Billion bid to acquire united States Steel has been caught in the crosshairs of an election year, and in the crucial Swing State of pennsylvania, where us steel is based. Us president Joe Biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees Kamala Harris and Donald Trump have also both Committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of Nippon Steels bid say the us shouldnt reject a bid from a