Fireworks on capitol hill, democrats delayed Impeachment Vote, mornings with maria begins right now. Maria health big show this morning, joining the conversation pwc partner Mitch Roschelle and kevin oleary, big show today. Dagen can you keep up, maria bartiromo, americans really turned to the conservative victory in britain last night while there was a dog and pony show happening in washington, d. C. , thats where the energy was, trade on china, trade with canada and mexico, its really been an incredible win. Maria one by one things are getting done before year end, done deal, phase 1 china trade deal, markets are rallying this morning as u. S. And china have announced they reached a trade deal, markets are up 152 points on the dow industrials, here is what we know about this agreement, the agreement calls for china to buy 50 billion in agricultural products, u. S. Reduce tariffs on chinese import, includes measures to improve protection of u. S. Intellectual property as well as preve
21st century and im christiane washington heres whats coming up today. Likes of which we have never seen before i did this despite a near Record Number of rate increases and quantitative tightening by the Federal Reserve since i won the election 8 increases in total which were in my opinion far too fast an increase and far too slow a decrease. By continued tax from president the Federal Reserve has signaled that it will not flush Interest Rates again this year barring a serious answer that haha was done by mccain lend us a hand full day of the breakdown the feds plan and how the economy may fare during the Holiday Season. In the wake of the we want to Venture Capital is looking to safer investment for returns on their spending investigative journalist than one is back today to show us the fanfare for Silicon Valley and whether hes been a. And i just a fairy tale and later we take you to new york city where streaming has managed to save a movie landmark in the big apple but what consequ
Interest rates in the coming months comments came here which took place during an address to the Greater Providence chamber of commerce in rhode island come as the fed has cut rates by a quarter percentage point 3 times since july of this year the fed chair said policymakers are focused on meeting inflation goals adding it is essential that we at the fed use our tools to make sure that we do not permit an unhealthy downward drift in Inflation Expectations and inflation we are strongly committed to symmetrically and substantially achieving our 2 Percent Inflation objective so that in making long term plans households and businesses can reasonably expect 2 Percent Inflation over time pauls comments come just 2 weeks before the next fed policy meeting which takes place december 10th and 11th now kristie i wanted to ask you the question why is this 2 percent Interest Rate so important a Federal Reserve chairman jerome paul so essentially the fed was created. With 2 mandates they have to do
Save a movie landmark in the big apple but what consequences could this have for the Film Industry as theaters and production mergers arties Trinity Chavez is on the ground in new york to bring us the latest on netflix to dive into the screening sector we have a lot on board today so lets get right to it. You noted states Federal Reserve chairman powell on monday insinuated that there would be no changes in federal Interest Rates in the coming months powells comments came here which took place during an address to the Greater Providence chamber of commerce in rhode island come as the fed has cut rates by a quarter percentage point 3 times since july of this year the fed chair said policymakers are focused on meeting inflation goals adding it is essential that we at the fed use our tools to make sure that we do not permit unhealthy downward drift in Inflation Expectations and inflation we are strongly committed to symmetrically. And that substantially achieving our 2 Percent Inflation o
Shery and a rocky road ahead for china. The worlds top auto market heads for an unprecedented second Straight Year of failed declines. Comingnd south korea online. Here is what to watch. Sophie stocks open higher with nikkei and topics opening with two. 2 . Data earlier this week showing a pickup in business spending and reduced prices. The yen looking steady after jay powells speech which reinforced the dollar has a negative bias. Which assets will benefit most from the feds 2020 outlook . We will check in on the open in seoul. 7 . Ospi up we have aussie shares moving to the downside with a risk on move this morning. Futures are also gaining ground. It lets check in on currencies this morning. The aussie dollar bumping its timeagain for a sixth moving below 68. 80. And the british pound back up above 132 above 1. 32. More on u. K. Politics now, heres a check of first word news. U. K. Votes later thursday in an election that will defined the relationship with the eu for years to come.