Is looking to perform, so that has the stock nice and higher today. Of most him course of Molson Coors Brewing is leaving, the ceo be replaced by of miller coors. We want to know if the fomc can thread the needle . What does he need to get done today . Guest the first thing is 25 basis points. Everybody knows that if he doesnt cut 25, hes got a credibility problem in the markets. 25 is done. I think youd like to do 50. He and others have given indication that if youre going to do something at this point in just come its really at this level of rates, you need to go big. Weve had reasonably stable sobers from the economy, hed have a hard time getting the hawks. What it comes down to really is anything, he if announces on the Balance Sheet, and what he announces Going Forward. Guy expectations are dovish Going Forward from here. Got four rate cuts priced in at the moment. Is that too much how does he find himself some breathing room is that too much . How does he find himself some room .
Beneficial impact on the u. S. Market. Reporting good results. Reportinghomburger good results. Iance data systems the worst performer on the s p 500. Fed vicechairman Richard Clarida and John Williams reinforcing that the central bank could cut Interest Rates by as much as 0. 5 later this month. Esther, what did you and commerzbank make of the comments from the u. S. Federal reserve federal president this last time for hours . Did it make a difference to Market Pricing and what you believe . Esther while we sought Interest Rate expectations to decline further, we do not think it make a fundamental change. The fed has already indicated they intend to cap Interest Rates at their july meeting. The big question for the u. S. Market, will they continue to cut after the july meeting, or is it just a preemptive cut . To this extent, it did not give more insight. Act indicated they want to early, but whether there are further steps coming is unclear. Perhaps the more Immediate Impact on marke
We are seeing the home prices growing a little slower than may. This is coming on the backs of we trade data. We are also seeing some of the impacts from the tariffs. Information onde how much the chinese will look to implement. These numbers are looking better than expected overall. Great stuff there. We have ongoing commentary here on the backs of the numbers. On top of gdp numbers, thats those. In at 5. 8 . Ng these are quite decent numbers. Lets get a more reaction here. I was predicted 6. 2 iris predicted 6. 2 growth. Some of the numbers reach expectations. 5. 7. Pectation is i am a little surprised on the ip data. That what i amns thinking is that there is infrastructure. Should increase. This is my rational. Rationale. Metro line and you put the matter on the metro line. Then you finish the project. This process includes a lot of manufacturing. This number could mean these Manufacturing Activities have begun. Financing, fai and then ip. Is the retailg sales. 9. 8 not want it yea
The United States has basically shot itself in the foot. Conversations about the Global Economy from the g7 finance meeting. I think we need to be thinking about what happens, if there is more than a showdown. You need a country that had fiscal space to simulate stimulate their economies. Welcome im abigail doolittle. Your weekly review of the most important Business News, analysis and interviews from , Bloomberg Television around the world. Lets start with a day by day look at the top headlines. On monday, investors divested a slew of Economic Data from china. Chinas economy is continuing to slow with sluggish domestic output and trade tensions pulling growth down to the weakest pace since early 1990s. Gdp grew 6. 2 , matching estimates, but below the 6. 4 theme in the previous quarters. How bad is it . It is slowing on a quarterly basis. The take away from today is the activity numbers for june. We saw a pickup on the retail side of things, industrial output all headed in the right d
United states has shot itself the in the foot. Conversations about the Global Economy from the g7 finance meeting. We need to be thinking about what happens if there is more than a slowdown. You now need countries that have the fiscal space to stimulate their economies. Abigail its all straight ahead on bloomberg best. Hello and welcome. Im abigail doolittle. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. On monday, investors digested a slow Economic Data that came out over the weekend from china. Chinas economy continues to slow with sluggish domestic output and trade tensions pulling gross down since the early 1990s. Gdp grew 6. 2 , matching estimates. How bad is it . Its slowing on a quarterly basis and the takeaway is the activity numbers for june that picked up in retail sales will stop also fixed Asset Investments all headed