Jerome powell here in york, pennsylvania last year, some relief. Shes Been paying a higher rate on the Credit Card she uses to fund her Business. My Interest Rates have gone up, so my monthly payments have increased tremendously, so i would like to see the Interest Rates come Back down. Whenjerome powell visited this market, the Federal Reserve was watching closely to see if its Big Interest Rate hikes really were cooling inflation, even though it was tough and small Businesses. Thats aBout to change. Mr powell and his colleagues are set to Interest Rates. In york, the arrival of autumn marks a change. After raising Interest Rates 11 times, americas Central Bank is all But certain to unwind that, But how quickly they go down from here is still up for graBs. Perfectly like this on your porch, and then we price it less than picking up the pumpkins themselves. At this farm shop, the reBirth of the economy, as inflation falls closer to the feds official target of 2 , is yet another moment
Deadline White House starts right now. Hi, everyone. Its 4 00 in New York. Again and again and again, its worth repeating, political violence, regardless of any motive, any method, or any target is antithetical to our democracy, to a healthy and vibrant democracy anywhere on the planet, full stop. Our system of government, our very way of life depends not on bullets, but on our political opinions being carried out and expressed at the Ballot Box and the Ballot Box exclusively. What happened yesterday is no exception to this simple truth. This Body Cam Footage shared exclusively with Nbc News shows the moment where police caught up with ryan Wesley Ruth in connection with what the fbi says appears to be an Assassination Attempt on Donald Trump at his Golf Course in West Palm Beach, florida. This morning, that suspect shackled, but according to reporters, calm and nonchalant appeared in federal court. The Secret Service along with the Palm Beach County Sheriff are expected to update the
And he was asked this in the spin room afterwards. What did you think of the moderators fact checking you throughout? i think the moderators were very unfair. Trump supporters described it as three against one because he was fact checked more than kamala harris. But he said much more that was not true. In springfield, they are eating the cats, they are eating the dogs. They are eating the pets of the people that live there. It prompted one of the more unlikely fact checks. Abc news did reach out to the city manager there. He told us there city manager there. He told us there had city manager there. He told us there had been no credible reports there had been no credible reports of specific claims of its being reports of specific claims of its being harmed, orabuse within its being harmed, orabuse within the immigrant community. Well, i ve seen people on television. . . After sourcing that claim to people on television, trump also said this. Her vice presidential pick says abor
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
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