Forecasts. The policy rate is unchanged. The central bank, in terms of Interest Rates, keeping them as they are, at 6. 25 . This is the dollar versus rupee. 57. 95, however at this point what is most significant is it has cut its 2017 Economic Growth forecast. We will get plenty more on that and market reactions, but first lets get to the first word news with nejra cehic. SharesCredit Suisse trading higher after the bank stepped off step up costcutting efforts. Down from an earlier goal of below 18 billion francs. The company lowered profit targets for its International Wealth management business and its asian division. German Industrial Production rose less than analysts forecast in october. Production, adjusted for seasonal swings, gain 0. 3 from the previous month, compared to a median estimate for a 0. 8 rise. It signals that europes largest economy took a slow start to the final quarter of the year. U. K. Prime minister has agreed to reveal more details of her plans for brexit, bu
People are paying attention to. We almost had a three handle. Youre in october, down 300 points, and, of course, germany is not cooperating. The tenyear is solo at this point. But still not as loy as italy. And and where would you butt your money . If you can take an italian bond or a u. S. Bond . I have so many things in my head, lisping to the fed comments yesterday, my whole idea about how the fed has potentially set us up for something that could be scary, its not going to be inflagdz. Its going to be that it didnt work. All of a sudden, europe is in its third recession since the crisis. Were in a slowdown. Finally, weve got no remedies and we finally and yeah. And weve tried to lessen the impact on everyone, which is you know, you cant blame the fed for trying to do that. But sooner or later, they finally get to the point where i didnt know about the comments until you said it. He is the minneapolis fed chief. And saying to raise rates in 2015 doesnt expect next year. The entire w
Live from the harlem book fair with author interviews and panel discussions. At the beginning of september, we are live from the Nations Capital for the National Book festival, celebrating its 15th year. Coming up next on American History tv author peter hans on michael talks about john hanson. Mr. Michaels book is titled remembering john hanson. This program was hosted by the treaty of paris center in annapolis, maryland. I want to welcome you to the historic and of annapolis. I am the general manager of the hotel. The lady next to me is named peg. She has been our innkeeper for years and helps me run the property for events like this. I want to welcome you to another treaty of paris center event. It represents the art mission between the Historic Inns of annapolis. Posting pictures and forgotten sketches of the 14 forgotten president s before George Washington. I will turn this over to mark. I hope you have on young enjoyable afternoon. Thank you mark. [applause] mark thank you again
We start with north korea. The bbc reported that a top official there says to expect missile tests weekly, monthly, and yearly, and warned of allout war despite the tough talk coming from the Trump Administration. This as Vice President pence sported a bomber jack and id north korean soldiers at the dmz earlier today. He leaves for japan tomorrow, but not before he dismissed the obama era policy regarding korea as strategic patience. He threatened north korea with the prospect of syrialike missile strikes after its failed Missile Launch over the weekend. President trump appeared at the annual White House Easter Egg Roll and told a crowd of parents and children that the nation as a whole is headed in the right direction. We will be stronger and bigger and better as a nation than ever before. Were right on track. You see whats happening and we are right on track. Nbcs chris jansen is at the white house. And hans michael is at the pentag. Chris, tell me about mike pences visit overseas to