Interest rate at 5. 5 . Of course, dave, it is widely expected all 20 economists we surveyed expected as much. But the question is really whether or not governor adrian orr will sound hawkish, given that inflation is still far from where he wants it to be, which is one, two, 3 right now. We had headline inflation in the Second Quarter at about 6 . So rbnz staying pat for a second time in a row at 5. 5 . Remember, this is the central bank that has done 525 basis point hike. It has been pretty aggressive ahead of the curve, way ahead of the fed. And now it is keeping its rate standing pat at 5. 5 for a second time in a row. Dave. Yep. Yeah. So were looking at, to your point there where there is some commentary on inflation and how restrictive rates are and theyre saying already restrictive and that should be enough to return inflation to target. Were just going through some of the phrasing here on the statement because that i guess in some ways, short of hearing from the governor himself
Moving averages. This months worst performer on the dow. Plus activism in the restaurant sector. Outback steakhouses Parent Company down sharply. Lets begin with the markets extending this weeks losses, not a lot going right, and today, mike, a lot of it surrounds china and worries about not just growth but the debt burden as well. You wouldnt say its a new factor bits been on the list o worries. You have one of these situations where once you have this pretty sharp break in momentum to the upside, several weeks ago, some breakdowns in the longer term trend, some concerns about, you know, valuation that were always there that are being exacerbated and why has the yield become unanchored, treasury yields, and even global yields . All that stuff in the mix and then you have the related concern of, oh, what might what stress points might we see emerge out of that . All thats in the mix. I do think, also, yesterday, with the yields making those new kind of 15year highs, you started to see
Way to put it, he is a liar. He is nor t to bane trusted eve. We will explain. And we have highlights of his most recen wilt and frankly, mot egregious lies about the border, about his son. Now hes blaming the nationwide crime wave that he created, h of course, on donald trump. Cr biden,ght, we got obama, clinton fundraising. It was donald trump was visiting the wake of the slain nypdmp was officer. Hav well have reaction straight ahead. Also, Vivek Ramaswamy will joioh with more on joes transgender day of visibility, a proclamation which he denies. Now we actually have a cop y of it. Lara trump will be here to respond to a nasty, vicious, vilea respon from the dnc and te speaker of the house. Mike johnson has a message for a the president who just called him uninformed. Well see who was uninformed. But first, lets turn our attentio wiln to what is perhaps joe bidens most blatant lie of all. Ie now, yesterday, when Millions O Of Americans were Celebrating Easterl is, which is the holie
Election is well under way, just 216 days to go. But tonight, we have a big sho w. Americas boxing legend, The One And Only mike tyson, will bw. E here for an exclusive preview of His Big Upcoming Fight against Jakecoming Paul straight ahead. Plus, Robert Kennedy jr. No fgainstw calling out joe bidu threat to democracy. Ni out joebut is this a politic to try to peel away support from donald trump by a very liberal independent candidate . Mwell give you the analysise an thats also coming up tonight. And alsoalys well bring you an update from the failed city of San Francisco and the violent drug gang known as portland, oregon. En plus, new york now wants to bana certain socalled inhumane mouse and rat traps. The state is practically begging for the return of what y beggine. Bubonic plague. Is that next . But we begin with an actual modern day bloodbath, and that is the Border Crisis. Under biden, we all Know Thousands of would be Illegal Immigrants have died during the perilous journey a
Oh, my goodness. I love you. I. I love you so. Happy tuesday, everybody. All right. Today, childrens picture book day. So thats why tho one can reach President Biden after the department of health and Human Services says doctors must obtain informed consent before performing a services exm i wish someone told my dentist that nearly one third of americans dont know. Viewing a Solar Eclipse with a Naked Eyhird Oe permanently dame their vision. There cs only one other thing you can see that poses the same danger. Over the weekend, four inches of rain in southern california, a new two year total not seen sinceraa the latend 1800s. 1 there was so much rain in l. A. Governor newsom had to move tom cruise to higher ground. Texas health servicesg th are raising the alarm after a person tested positive for bird flu sincee its texas. He was immediately served with coleslaw and cornbread. Scientists portugal embrdentally created a mouse embryo with six legs and no. Hmm six legs and no. Sounds lik