given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross believes that this is the right call telling me thatjerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. let s turn our focus now to social media because the bosses of compa
by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross at trade station believes that this is the right call telling mejerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. now to other stories making headlines. boeing boss dave calhoun has admitted
personally towards the end, i was vieira out but if you d said we d be going back to roy hodgson, i think i would ve rather stuck with vieira. i m really fond of roy, but we did move away from him for a reason. so going back to roy now after having a season of playing more progressive football, it does feel like a backward step. hodgson s been a coach since 1976. there have been highs and lows. but through countries and continents, it s at place he s most at home. so good was his first spell, he got the freedom of croydon now south london hopes the man five years off his 80s can steer them to safety. joe lynskey, bbc news. tottenham midfielder pierre emile hojbjerg says his manager antonio conte needs to be more precise, following the italian s outburst on saturday. after tottenham gave up a two goal lead against bottom club southampton, conte called his players selfish and criticised the club s culture. it s now expected that conte will not be in place for tottenham
in the same boat. a day of sunshine and heavy showers with thunderstorms. at least one benefit of the strong wind is that the showers don t last in any one place for any length of time, really. we got more of the showers to come as we head into thursday. again, some will turn heavy with hail and thunder. still fairly windy as well. temperatures still on the mild side with south westerly winds dragging mild air from the south. a0 with south westerly winds dragging mild airfrom the south. a0 or 50 celsius also. into thursday night, we might see some more general rain pushing into eastern england. it stays very unsettled in the west with further showers. there is not a great deal changing with the weather pattern through friday on the weekend. loads more showers on the way with colder air in northern scotland. some of the showers will start to turn wintry. thanks, chris. there s more analysis of the day s main stories on newsnight with kirsty wark which isjust getting underway o