England decide what to do with Interest Rates. The current uk base rate 5. 25 . But after we found out that wages, on average, are rising at their fastest level now in 20 years, could we see another rise in september. Joining me now is kallum pickering, whos the Senior Economist at berenberg bank. With your predictions, what are you thinking you will see here today . I you thinking you will see here toda . ~ , today . I think we might be surprised today . I think we might be surprised a today . I think we might be surprised a little today . I think we might be surprised a little to today . I think we might be surprised a little to the surprised a little to the upside but it not should not make much of a difference, the Bank Of England expecting 6. 8, markets expecting 6. 7, if it came at 6. 9 i would not be surprised because Petrol Prices rose over the month but it should be a big versus last month because the energy price comes down in the monthjuly. This should be another step down i
Increase wont come. Lets not forget that yesterday we heard that average uk wages were rising at their fastest pace in 20 years. Joining me now is Neil Shearing group Chief Economist at capital economics. Thanks very much for being with us today. Clearly it is pretty good news, but is it happening fast enough, oras news, but is it happening fast enough, or as fast as we had hoped . The fall in the Headline Rate of inflation, as you say, thats going to be welcomed by the Bank Of England. It takes a bit of pressure off them. But when you start to dig into the details of this report, i think perhaps there is still some uncomfortable reading there for the policymakers of the bank. As you mentioned, a lot of the fall in the Headline Rate, that is driven by what has happened to food and Energy Prices and that is out of the banks control. Interest rates dont tend to affect the price of our energy or food. Those are set in global markets. What they do affect his conditions in the real economy,
Our washington correspondent, sean dilley, reports. We love trump hes the first president to be charged with a federal crime and if previous cases are anything to go by, Donald Trumps 30 indictment is only likely to boost popularity with republican voters. The charges he faces though are serious. The 45 Page Indictment accuses the former president of knowingly spreading false claims about election fraud, to trick and persuade states in helping him overturn the Election Results. Helping him overturn the Election Results. The attack on our nations Election Results. The attack on our nations i Election Results. The attack on our nations i january Election Results. The attack on our nations ijanuary six, our nations ijanuary six, 2021, was an unprecedented assault on the seat of american democracy. It is described in indictment, it was fuelled by lies. Lies by the defendant, targeted at obstructing a Bedrock Function of the us government, the nations process of collecting, counting and cer
Zack cohen really appreciate it. Thanks so much. The news continues right here on cnn its Super Tuesday, march 5, right now on cnn this morning, donald trump hoping for a Super Tuesday sweep hes asking the Supreme Court for more help after the justices ruled that states like colorado cant kick him off the ballot. President biden, preparing for his state of the Union Address its his campaign hoping Super Tuesday doesnt reveal more vulnerabilities and will Super Tuesday been nikki haleys last stand or is she going to try a different path to the presidency all right. 05 00 a. M. Im here in washington. A live look at the washington mind a little bit foggy this morning here. Good morning. Im kasie hunt. Its wonderful to be with you. Will come to Super Tuesday. Its maybe the last day that nikki haley can really make a credible claim of any kind to the republican president ial nomination voters in 15 states with about a third of it delegates at stake head to the polls this morning. All signs
the new poll that says joe biden would beat donald trump if america voted today. plus u.s. forces conduct airstrikes on houthi drones after a missile came dangerously close to hitting an american destroyer in the red sea. and children are not your priority. children are your product. lawmakers grill tech bosses on capitol hill. after hours of the usual grand stand ing, will anything actualy get done this time? good morning to our viewers in the united states and around the world. i m kasie hunt. it s thursday, february 1st. wow, february already. it is 5:00 a.m. here in washington. it s also 5:00 a.m. in delaware, where the biden campaign is waking up to new data that may give them new hope. president biden pulls ahead of donald trump with a 6-point lead in a hypothetical head to head matchup. this represents a snapshot in time. there are nine months to go before the general election. but it s still a notable shift from december when the same poll found a biden-trump