deal to release grbrittney grin and paul whelan. jennifer, what can you tell us about this offer? that s right, we have learned that the biden administration is prepare to send victor boot, this convicted russian arms dealer back to russia as part of a deal to try to bringwhelan ho. boot is currently serving a 25 year prison sentence. secretary of state antony blinken publicly announced yesterday that the administration has offered a, quote, substantial proposal to moscow to try to get these two wrongfully detained americans back home. blinken did not go in to specifics about what was in the proposal, but he did say it has been on the table for weeks now and that it has the direct backing and sign jooff of joe biden. prisoner swaps do require the president to signoff. so this is a significant signal. prisoner swaps are generally quite controversial in the administration and other administrations have generally avoided using them because there is a fear that other government
The Fed is almost certain to hold rates steady on December 13. The main question is the Fed s 2024 rate outlook, where the markets expect spring rate cuts.
October's softer-than-expected CPI print is an encouraging development for the FOMC and reinforces our view that the FOMC has ended its hiking cycle. But, we do not see the latest data as a game-changer for inflation's path ahead. With inflation in October held down by volatile components like gasoline, travel services and autos, we expect inflation's return to 2% will continue to be a slow grind.
European stocks advanced on Thursday before a report that s expected to show tame U.S. inflation, which would likely kill the prospect of an interest-rate increase by the Federal Reserve at its next. -October 12, 2023 at 05:39 am EDT
- MarketScreener
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