Orleans. The state of emergency. Francine slamming ashore in Louisiana Packing 100mileperhour winds and up to ten feet of lifethreatening Storm Surge. A national Guard Truck running off the road. Our team in the storm zone, and Al Roker tracking it all. Also tonight, Kamala Harris and Donald Trump coming facetoface again and shaking hands at a 9 11 memorial in New York just hours after their fiery debate. The candidates clashing over the economy, abortion, the border, and the moment the former president pushed a baseless and shocking claim about immigrants in ohio. Did the Debate Sway voters, and will there be a rematch . Plus, the impact The Endorsement from Taylor Swift is already having. The raging California Wildfire exploding ten times in size in just 24 hours. Dozens of homes destroyed. Dramatic rescues and Word Tonight of people trapped including an offduty officer. Plus, the Arson Arrest in another massive inferno. Inflation cooling to 2. 5 with the Fed Set to cut rates. Justin
And that is a source of disappointment but that said, it doesn t confirm fears of an imminent recession, does look like a slow down. I think the stock market particularly as gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you are expecting there? we are looking at 25 basis point cuts and also looking at the inflation which we have shown signals of and it is possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer much needed stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, th
I think the stock market particularly tech stocks have gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you re expecting there? we are looking at gradual 25 basis point looking at the inflation which has shown signals of disinflation. It s possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer much needed stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already, and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, there been encouraging signs coming out from there, and what s the main thing to understand about japan s economic growth?
joining us. i m ana cabrera in new york. fighting for every last vote. more than two weeks from now americans will hit the polls and minutes from now president biden will hit his wins in office but is it enough to keep democrats in power? the president is about to speak to the democratic national committee headquarters. the plan, rev up staffers and talk about the economic agenda. gas prices dropping. here is what he s contending with, inflation still crushing americans out pacing wage growth and mortgage rates have more than doubled. today s speech comes as the latest polling shows voters trust republicans more on the economy right now. cnn phil mattingly is at the white house. why does the president need to rev up democrats at the dnc? reporter: ana, this is as hu much a tradition that should tell you we re close to election day as anything else. when the principle whether the president or the senator, wherever the candidate visiting staffers to rally them to get them goi
Fed Set to Raise Rates to 22-Year High. Here s What to Focus On. Economic growth has likely been too strong for central bank officials to validate investors expectation that this will be the.