A full 2 percent or we see the country by country projections also fell in line with the trends the Organization Also normally warned about the increasing risks of leverage corporate debt. And Major Players in finance are calling on the u. S. Federal reserve to create a standing means for intervening in money markets to the fed intervene for a 3rd straight day to inject 75000000000. 00 of liquidity in the early hours of thursday the fed again had to act to ease tightening and then over subscribed overnight option the market for repurchase agreements or the repo market is a core correcting mechanism of the modern Banking System in which banks finance their overnight credit needs on a daily basis the fed was forced to take action of the type not seen since the aftermath of the 2000 a Global Financial crisis or watch the federal funds rate which the fed is supposed to manage rise out of the feds target range and fundamentally undermine confidence in the feds ability to perform its primary
Lower in the u. S. And overall for the wear the belt or point 5 percent lower. The o. E. C. D. Outlook also found that a no deal exit for the u. K. From the European Union could reduce e. Q. Growth by half a percent and the word u. K. G. D. P. Growth by a full 2 percent a wee cd country by country projections also fell in line with the trends the Organization Also notably warned about the increasing risks of leverage corporate debt. And Major Players and finance are calling on the Us Federal Reserve to create a standing means for intervening in money markets after the fed intervene for a 3rd straight day to inject 75000000000. 00 of liquidity in the early hours of thursday the fed again had to act to ease tightening and then over subscribed overnight option the market for repurchase agreements or the repo market is a core of correcting mechanism of the modern Banking System in which banks finance their overnight credit needs on a daily basis the fed was forced to take action of the typ
A lower level. All due respect we look at bias to the downsides and you know they meet trade its breaks it its Financial Markets it could be all crises just this year and g. D. P. Runs the risk of being one percent lower in china 3 quite a few Percentage Points lower in the u. S. And over oh for the where the about 0. 5 percent. The o. E. C. D. Outlook also found that a no deal exit for the u. K. From the European Union could reduce e. Q. Growth by half a percent and the word u. K. G. D. P. Growth by a full 2 percent a wee cd country by country projections also fell in line with the trends the Organization Also notably warned about the increasing risks of leverage corporate debt. And Major Players and finance are calling on the Us Federal Reserve to create a standing means for intervening in money markets after the fed intervene for a 3rd straight day to inject 75000000000. 00 of liquidity in the early hours of thursday the fed again had to act to ease tightening and then over subscrib
Well get the very latest on the escalating conflict with a live report from near the gaza border in just a moment. Meanwhile, some republican president ial candidates are already spreading misinformation about the attack, blaming a deal between the Biden Administration and iran. Plus, well bring you a look at how the chaos in the house with republicans scrambling to find a new speaker could impact military and Security Assistance for israel. Good morning and welcome to morning joe. Im Jonathan Lemire. Alongside u. S. Special correspondent for bbc news, katty kay. Were in for joe, mika and willie on this holiday monday. With us on this busy monday, we have president emeritus of the council on foreign relations, Richard Haass, and columnist and Associate Editor for the washington post, David Ignatius. Katty, an extraordinary weekend, a tragic weekend, now we deal with the unfolding story on this monday morning. Yes. Lucky we have richard and david with us this morning, john, to get us th
A london street artist to use his pieces to speak out against social injustice today Deputy Editor Sebastian Baca went to speak to him in south london we have covered the artists face to hide his identity. Oh in politics of course when strange bedfellows i mean another of those people who say we should like celebrities and stay out of politics or social issues but i think if you have a talent and you have intelligence to use it in a way which i would refer to be Creative Intelligence people would say that im taking sides i dont see it that way i just think that the other side im taking is one of truth. For me as with a lot of people are supposed politics is a dirty word some of the social commentary. That kind of was a seed was planted in the legacy because. Just ninety six i just on a world billboard i spray paint star which went up on billboards around the country and i had an x. Small Community Isolation and a gallery and nothing of. Someone came down from a local newspaper you know