Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe
Documents case against donald trump. It comes as the former president is being condemned for praising a dictator. Well dig in to both of those stories. And a look at the republican hopefuls campaigning in iowa, as two more names are likely to join the field this week. Good morning and welcome to way too early on this monday, june 5th. Im jonathan lemire. Thanks for starting your day and week with us. And well begin this morning with a deadly plane crash near the nations capitol. Yesterday afternoon the military scrambled two f16 fighter jets to respond to a private business jet that was flying over restricted airspace in dc. The response caused a loud sonic boom that was heard across the region around unsettled many of the residents there. Heres some of the sound Surveillance Cameras captured. The sound was heard across many miles. The cessna was not responding to radio transmissions. It then crashed in the Shenandoah Wall i have in virginia. Officials say there were no survivors. Acco
Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe
Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe
an economic recovery huge protests happened and there was no fuel and gas supplies were cut was of now sri lanka, after getting $2.9 billion from the international monetary fund,is from the international monetary fund, is slowly making a recovery. now it has to work at what to do with its huge debt. that is why they are discussing this five days. they approve the proposal yesterday and now they want to take it to parliament. basically, they are asking those who are holding the dollar denominated bonds to write off some of out of it. they outstanding the loan period as well, of up to perhaps 15 years and no interest free payment for at least nine year. this will give them some space to develop this economic recovery. because of these bonds are being held, they do not want to destabilise the banking sector. there will be a meltdown of the banking system if people start selling and buying, that is why the sri lankan government declared this five day bank holiday, which is also h