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Transcripts For BBCNEWS Business Today 20240926

Of retail is changing. Well hear from The Boss of ingka about what it means to go phy gital. Live from london this is Business Today, im sally bundock. We start in the united states, where Donald Trump haS Pledged the us would take other countries jobs if he returns to the white house. Hes laid out hiS Plans to slash taxes, lower Energy Costs and regulations for manufacturers that made goods on us soil. At a Campaign Rally in savannah, georgia, trump promised a Manufacturing Renaissance reiterating hiS Pledge to punish american companies that manufactured outside the us, and slap large tariffs on foreign made goods to protect us industries. Not only will we stop our Businesses from leaving for foreign land but under my leadership we are going to take other countries jobs. Leadership we are going to take other countriesjobs. Ever leadership we are going to take other countries jobs. Ever hear that expression before . That we are going to take other countries jobs, are going to take othe

Transcripts For BBCNEWS Business Today 20240912

Point six cut and i think it supports a 25 point cut next week. A ~ ,. Supports a 25 point cut next week. ~ ,. , , week. Markets have been volatile week. Markets have been volatile. Will week. Markets have been volatile. Will an week. Markets have been volatile. Will an interest | week. Markets have been i volatile. Will an interest rate cuts stabilise things? cuts stabilise things? since the beginning cuts stabilise things? since the beginning of cuts stabilise things? since the beginning of this cuts stabilise things? since the beginning of this year | cuts stabilise things? since the beginning of this year i | the beginning of this year i think what it will require is coming a financial market and it needs stabilisation in the us labour market and easing of policy and uncertainty around the us presidential election. Run sweet speaking with me a little earlier. Speaking of the us presidential debate, shares in trump media slumped on us markets. It runs the former president tr

Transcripts For BBCNEWS Business Today 20240912

Point cut and i think it supports a 25 point cut next week. Did you see any potential policy shifts at the debate? they had a lot of political rhetoric but not a lot of policy information. We already know were both candidates stand on addressing inflation. We ran a number of scenarios through our models to gauge what the inflationary implications are for each of the candidate policies ranging from trade, immigration, taxes and generally form a president trump would be more inflationary than vice president harris because of the tariffs which are inflationary. On top of that stricter immigration leads to tighter labour markets and stronger nominal wage growth in the united states which by extension would raise inflation a little bit. Not a lot of new information last night, just that the political focuses bringing inflation down but the policies the next few years say otherwise. Markets have been volatile. Will an interest rate cuts stabilise things? since the beginning of this year i |

Transcripts For BBCNEWS Business Today 20240912

That. Rate cut next week. Everyone seems to be talking about inflation because of the us president ial debate, if you watch that, did you see the potential Policy Shifts based on the candidate s . Mat on the Candidate S . Not reall , on the Candidate S . Not really. They on the Candidate S . Not really, they had on the Candidate S . Not really, they had a on the Candidate S . Not really, they had a lot on the Candidate S . Not really, they had a lot of| really, they had a lot of political rhetoric but not a lot of policy information. We already kind of know where both candidates stand on addressing inflation, i would candidates stand on addressing inflation, Iwould Run candidates stand on addressing inflation, i would run a candidates stand on addressing inflation, Iwould Run a number of scenarios through our macro model to kind of gauge what the inflationary implications are ranging from trade, government spending, taxes, generally, former President Trump would be more inflationary t

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