Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to Interest Rates off the table, when the fed meets later this month . Instead, itll more like 25 Basis Points cut . Was the fed behind the curve . Well, i think 50 points is off the table, personally, and i may be in the minority in which 25 is off the table. I think its a bit too soon to raise the mission accomplish
Later this month. Lets show you the details. Figures from the us Labor Department Show prices rose at an annual rate of 2. 5 percent in august. Down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a more aggressive 3. 2 percent. Our North America Business correspondent Ritika Gupta is in new york. A cut by the fed has been all but promised by them already at their meeting next week. I guess the only outstanding question is by how much. Indeed, as you mentioned in your introduction overall this was a solid report on information monitoring. Annually at 2. 5 , that is the lowest in three years and that is why you will see the White House touting this as it went for the current administration and for the Election Campaign for Vice President kamala harris, and makes it must certain the federal reserve will cut Interest Rates when it meets next week, but for the markets it is a different story and you see th
Is americas late News Fox News at night. Breaking tonight growing concern that the debate was three against one, The One being Donald Trump three being harris and the two Abc Moderators who allowed harris to run unchecked consistently Fact Checking Donald Trump. Theres no state where its legal to kill baby after the born. Abc news Reach Out to the City Manager sayed they say there is no criminal reports or evidence of that. President trump as you know the fbi says overall violent crime is coming down in this country the question was about u. S. President not former speaker pelosi. I watched of those pieces a video i didnt detect the sarcasm lost by a whisker. Vice president harris he says you hate israel. Vice president harris have you ever met flight a mere prudent . You still dont have a plan. And as you heard they Fact Checked his sarcasm. Harris got away lie after lie in the detailed and dangerous plan called project 2025 he intends on implementing it there and if Donald Trump were
[bell ringing] dad, we only got six years together, but have nothing but the happiest memories. If i come here and speak his name out loud, and you hear his name, he will never, never disappear. [bell ringing] my grandfather, Fdny Cap Captain james corrigan. We wish we got to meet you. Melissa rose barnes, United States navy. We have repaired the damage to this building, but we cannot repair the damage to your he hearts. John never forget. We begin with a day of reflection as the nation marks 23 years now since the septembe. A live look from shanks of Pennsylvania where President Biden and Vice President harris honoring the heroes killed on Flight 93. Former President Trump has just landed in johnstown, as well. With that, so begins wednesday. Im John Roberts in washington. It seems like it happened just yesterday, doesnt it, sandra . Sandra never forget, john. Im Sandra Smith in new york. This is speed 27. Unity on full display today. President biden, Vice President harris, and former
Try handsfree sketcher slipups, provide got news for you. Premiere saturday at nine on cnn in the mustwin battleground of pennsylvania kamala harris and donald trump are about to face off in their first and perhaps only debate she s not going to debate cheaters. I want to debate. If you got something to say tonight in philadelphia and unprecedented showed up in one of the most unpredictable presidential races in american history the former president testing out his attack lines it s not a good debater. She s not a smart person as the vice president prepares to prosecute her case donald trump s type issues candidates takes center stage less than two months before election day. It s debate night in america and cnn s live coverage begins right now he is a momentous night for america and the night is going to happen in philadelphia, the birthplace of america, the backdrop for historymaking presidential debate tonight, we are standing by to see donald trump and kamala harris onstage togethe