Find it at walmart wednesday, september 18, right now On Cnn this morning do a half a point when they do a quarter of a point of consequential cut today, the fed expected to cut Interest Rates what that could mean . In for you plus a coordinated attack, hundreds of Pagers Exploding nearly simultaneously in Lebanon Stoking fears of a wider war yes this is exhausting and its harmful and its hateful denouncing harsh rhetoric. Kamala harris taking on Donald Trump with a message about who she thinks deserves to stand behind the seal of the presidency. Im later disturbing allegations and laura details. Sean Diddy Combs, accused of Sex Trafficking, forced labor, and kidnapping. A new indictment detailing crimes dating back 16 years right. 5 00 a. M. Here on the East Coast to live look at Capitol Hill on this morning. Good morning, everyone. Im kasie hunt. Its wonderful to have you with us later today. A major announcement expected that could have a big impact on the economy less than seven we
The president admits the act with a lot of green goodies could have gone by a different name. What are they celebrating . Like i said, the Inflation Reduction Act didnt bring inflation down. Today we look at what and specifically who did. Prices are down, but price hikes still are not. And a key interest rated just closed at a 15year high. Lets go to Jacqui Heinrich at the white house on the fastmoving developments on who gets credit and whether its a birthday debby down to say its not the white house when it comes to inflation or this Inflation Reduction Act. Jacqui . Hi, neil. Yeah, we got out of the east room where the president held the 1year anniversary celebration. It was a classic joe biden event. He whispered at one point, yelled at another point. He said the Inflation Reduction Acted is working. He called it a key part of bidenomics, touting jobs creation, specifically in manufacturing and new investments in climate, even though he didnt get in to the fact that now the estimat
To try and rein in soaring prices. So where is the Economy Heading . Im joined now by Salomon Fiedler whos an economist at berenberg bank. Better than expected numbers . More thanjust better than expected numbers . More than just a Coronation Weekend you alluded to, june was the strongest month. The coronation was in may. Domestic spending is relatively strong at the moment or has been in 02. Strong at the moment or has been in q2. Consumers have spent and we see that in the figures now. 02. Consumers have spent and we see that in the figures now. That in the figures now. There are concerns for that in the figures now. There are concerns for the that in the figures now. There are concerns for the longterm that in the figures now. There are| concerns for the longterm health that in the figures now. There are i concerns for the longterm health of concerns for the Long Term Health of the uk economy, what is going on there . , ,. , the uk economy, what is going on there . ,. ,. There . May
This is the story. Today were live in our nations capitol ahead of tonights consequential state of the Union Address. Youre going to see a very energized president says his chief of staff. Still some democrats said to be nervous about the stakes for this evening. The Washington Post put it this way. The goal is not to give up old man vibes. It could be the last time that he in front of such a big tv audience until at least the convention. Voters will no doubt be weighing whether or not hes held up to this promise from the beginning of its presidency. Watch this. Im a man of my word. America is back. I speak to you today as president of the United States at the very start of my administration and im sending a clear message to the world. America is back. Martha a lot has happened since then. The chaotic withdrawal from afghanistan. Attacks on our troops in the middle east, the explosion of the border crisis, which is a huge issue to name a few. We kick things off with bret baier in d. C.
We start here in the uk, where figures out earlier show the uk economy grew by 0. 2 between april and june following a rebound from an extra bank holiday for the kings coronation. Growth injune alone was stronger than expected at 0. 5 . High inflation remains a problem. The Bank Of England has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. So where is the Economy Heading . Were nowjoined by victoria scholar, who is the head of investment at interactive investor. Lovely for tojoin us lovely for to join us here on the programme. Not. 2 . Essentially, thatis programme. Not. 2 . Essentially, that is stagnation, isnt it . Actually, these figures are a bit better than analysts were expecting, both in the Second Quarter and in june we saw particular strength in the construction. Injune we saw a bounce back in manufacturing, publishing, so things like books and magazines also fare pretty well, and car sales have been benefiting from the fact the