We start with the case against iran. Saudi arabia today presenting its evidence to the world that it says undeniably points to iran as the sponsor of the attack on saudi Oil Infrastructure. But even before that announcement, President Trump struck back, tweeting that hes ordered substantial new sanctions against iran. Our Nic Robertson is in riyadh saudi arabia. Take us through these conclusions reached by saudi arabia. Do they know if this was carried out by the Iranian Revolutionary guard or where exactly this came from . Reporter a lot of talk by the spokesman for the military here about the Iranian Revolutionary guard, but not specifically saying that theyre responsible for the launching of these attack vehicles or specifically saying that they were launched from iran. They went through the number of drones, 18 drones were fired, seven different cruise missiles. Three of the cruise missiles failed to hit their target. They had those on a stage. They had seven of the smashedup drone
Sooner. Saying jay powell and the fed dont vat clue. Where did i find this guy jerome . Our fed calling it wrong too long. Who is our bigger enemy . Jay powell or the chinese president President Trump also saying powell had a horrendous lack of vision. Those in the Business World placing most of the blame on President Trump and his trade war with china and in a just released roundtable report, reporting a negative impact on sales from trade retaliation by foreign nations. Cnn business and politics correspondent Cristina Alesci is heres along with a columnist at the washington post. As we look at this and are waiting for the number, there is speculation we are going to see this cut . Yes. Just got the number, and in the cut, the cut was as expected a quarter percentage point. Now the federal funds rate is within a range of 1. 57 and 2 . What was expected. But its not going to be low enough for donald trump. Because he wants negative Interest Rates. He wants zero or negative Interest Rat
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