New york stock exchange, and Hillary Vaughn on capitol hill. Lets start with edward, investors seem to like what chair powell had to say. Reporter yeah, just somewhat, right . 29 or so points, somewhat like it lauren. The Federal Reserve chairmans touted this very Strong Economy that were in right now. Even at one point, signaled taking credit for keeping the expansion going through the rate cuts they made, powell said it was a difficult year where the fed reversed course. Weve cut rates three times since july. Thats 75 basis points worth of cuts and we do believe that Monetary Policy operates with long and variable lags and that itll take some time before the full effects of those actions are seen in the economy. So thatll take some time, so thats one reason to hold back and wait. Reporter and powell is watching inflation very closely, core pce inflation at 1. 3 over the past 12 months below their 2 target, powell does signal as you heard no more rate cuts or hikes, for next year. He
A controversial citizenship law that opponents say discriminates against muslims. And trying to clear chinas air well tell you why its the middle classes are being blamed for a rise in pollution. Hello voting begins in the u. K. General election in 5 hours and final opinion polls point to a narrow win for Prime Minister Boris Johnsons conservative party but the prospect of a Hung Parliament where there is no clear winner cant be ruled out and that means bracks it could be further delayed or even canceled barker reports from london. After touring the country Boris Johnson was back in the capital to deliver his final Campaign Message the conservative policies lead in opinion polls has narrowed ahead of the vote anything less than a majority could be disastrous for the conservatives and johnsons hopes of delivering bricks it opposed 24. 00 to end the deadlock 24 hours to break the gridlock 24 hours in which we can remove the parliamentary roadblock and get a working majority for a sensibl
Blowing welcome across for all things considered. Israels parliamentary elections have again ended in deadlock the electorate is divided divided on the political right sitting Prime Minister Benjamin Netanyahu says its either a right wing blog or again chris air back government how does this kind of rhetoric bode for the palestinians and middle east the ability. Really alexion as im joined by my guest Philip Giraldi in personal hes a former cia counterterrorism specialist who is now executive director of the council. For the National Interest in tel aviv we have gideon levy hes a columnist for hideouts also in tel aviv we have mehlman he is a senior Israeli Security writer and commentator original macross titles in effect that means you can jump in anytime you want and i always appreciated gideon let me go to you 1st in tel aviv an ask you your perceptions of this election cycle you know i looked at israeli media in english and of course they go through all the different platforms and
Selection and therefore my election will only on one issue benjamin it to the oh yes or no and the choice is really between the nice right doing good and the list nice right doing good or if you make only sent through the right and the right its a very small choice but thats the choice of the people of his would ok philip going back to you donald trump. Supported netanyahu when it looked like he was going to when he distance themselves from him but it was was trump kind of big gateway for netanyahu to go either for even further to the right because of course you know there were these placards all over israel with trump and netanyahu together. Did trump make about poor calculation here well i think actually it was it was netanyahu who was making the calculation i think he was delivering the message that he could get virtually anything out of trump and in seeking to make that impression he was talking about a rather extreme step which would be occupying annexing. Much of the west bank an