Special. You are going to have to tune in to watch that. Thank you for joining us tonight. Cnn newsnight with abby phillip starts now gets shelled. Donald trump declares he s done debating there will be no third debate as kamala harris dares him to dance once more, we owe have another debate plus back on the trail, the candidates open up their playbooks for the crucial spread. Also just greatly diminished is there a double standard over the mental acuity of the former president and her rhetoric and her hateful tone. A family feud erupt inside maga over who s more racist, more of a conspiracist, and more damaging to the brand he says, poison live at the table, van jones madison, jesse auto, bomani jones, and ryan goodall ski welcome to a special edition of newsnight, state of the race i m abby phillip in new york. Let s get right to what america is talking about. Refusing a rematch. Donald trump and vice president kamala harris returning to the campaign trail tonight after their ferry f
Good to be with you. Im katy tur. Both candidates are back out on the Campaign Trail after tuesdays debate. Vp Kamala Harris is in North Carolina holding two events in an effort to win that state back. The first in charlotte starts in just about 30 minutes. And well go there live when it begins. Former President Donald Trump meanwhile is in arizona trying to Hammer Border Politics to Swing Voters. But Immigration Policy is not the headline out of the Trump Campaign. The Headline Today is immigrants eating pets. A Fear Mongering Internet Meme that made its way offline and into the mouth of a president ial candidate on a debate stage. How did that happen . It could have been his Vice President ial pick, senator j. D. Vance, who has himself elevated and spread the allegation in online posts. Then again, it could have been Donald Trump himself who found it, and after all, he did say he saw it on tv at the debate. Or it could have been the racist conspiracy theorist, Laura Loomer who brough
Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to Interest Rates off the table, when the fed meets later this month . Instead, itll more like 25 Basis Points cut . Was the fed behind the curve . Well, i think 50 points is off the table, personally, and i may be in the minority in which 25 is off the table. I think its a bit too soon to raise the mission accomplish
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Later this month. Lets show you the details. Figures from the us Labor Department Show prices rose at an annual rate of 2. 5 percent in august. Down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a more aggressive 3. 2 percent. Our North America Business correspondent Ritika Gupta is in new york. A cut by the fed has been all but promised by them already at their meeting next week. I guess the only outstanding question is by how much. Indeed, as you mentioned in your introduction overall this was a solid report on information monitoring. Annually at 2. 5 , that is the lowest in three years and that is why you will see the White House touting this as it went for the current administration and for the Election Campaign for Vice President kamala harris, and makes it must certain the federal reserve will cut Interest Rates when it meets next week, but for the markets it is a different story and you see th