The 4. 40 level, as we heard from five fed officials conveying the path down to 2 will be longer than expected, and it will be bumpy. Heres where that puts market probabilities right now. First cut expected in september. Well see if that changes after our live and exclusive interview. Steve liesman is standing by with the fed governor chris waller. Welcome to both of you. Steve . Kelly, thank you very much. I am here in washington with fed governor chris waller. Thank you for joining us. Thank you. By the way, i hear birthday wishes are in order. Thank you. Its not on the agenda. We have a lot to talk about, but thank you very much. Can we talk about the inflation dynamic as you see it . How was 2023 in terms of what has been called really the solid progress that was made on inflation differed so far from 2024, how is the dynamic going to work this year . I would say 2023, we really did see a lot of unwinding of supply side problems. We also saw a large surge in immigration that wasnt
Have seen influence on the published content in different ways. In general, i can say that many of the recorded cases indicate that the palestinian or arabic content is contrary to the hebrew content or is limited. As we have seen in your own experience , there is no difference between the way of interaction between hebrew and arabic materials. You were one of the authorities in the middle east regarding the destruction of a palestinian arab or International Article against how does israel and the occupation make decisions, how does censorship and restriction work in practice . Can you explain this to us . In fact , there are two levels, one level is related to determining regulations and criteria. These rules are related to publishing content on facebook. We know that the highranking Administration Inside facebook is developing it in the headquarters in the state of california. This is the main constitution. In the technical matter of how it is implemented, i must say that it is a mix
Softbank swings to a loss of 60 billion yen, but still returns to profit on the group level. Israel orders more residents to evacuate from rafah as the death toll in gaza tops 35,000 u. S. Secretary of state Antony Blinken saying washington needs more clarity on the strategy we havent decided what happens after the war ends right now, the trajectory that israel is on is that if it goes in and takes heavy action, there will still be thousands of hamas left welcome to monday morning street signs. Its been an hour since the markets have opened. We are seeing gains marginally we still have the earnings front and data and key is the u. S. Inflation print later on this week just to note, investors keeping an eye on that with travel and leisure stocks picking up 0. 5 most of the sectors managing to find green positivity is what you get from the overall market picture we will zone in on the sectors now. This is what you are getting from the boards. This is where you see the gains. The ftse 100
Of gaza appears to be just hours away. Israel has gibb a million residents given a million residents of north gaza 24 hours to leave. Hamas is telling those people not to leave, forcing civilians to stay in the line of fire. Defense secretary austin in tel aviv asked if america would fight if a second front was opened from lebanon, he would not answer the question directly. We have late reports of clashes in the west bank between demonstrators and israeli riot police. Secretary of state blinken goes to the west banked today. High alert back home after a former leader of hamas called for a day of jihad. In new york with a lot of jewish population, all Police Officers have been told to report for duty in uniform, no excuses. Some parents are keeping their Children Home from school today. In washington, d. C. Chaos among House Republicans. Steve scalise has withdrawn from the speakers race. With all thats happening overseas and with a Government Shutdown looming, House Republicans have sh
We will get a preview of the bloomberg screen time event in los angeles bringing together executive and industry insiders to talk the state of streaming and more. First, lets get a check of financial markets. Abigail for technology, were looking at a solid rally, up about. 3 . The s p 500 has been fluctuating. Beneath the surface, we have adobe popping amid a recent conference where ai, they were very positive on the future of ai for their company. Nvidia is higher. Citi is bullish on their september gaming data. Pelletier is up on the Army Contract they received. Relative to the nasdaq 100, it is the topperforming of the equity indexes. In october, it is up about 3 my closer to 4 . This is a different version of that month the s p 500 tech index is climbing. It is interesting because yields are influencing all parts of the market. It could be higher for longer, although there has been talking back by the fed and the haven bid on the geopolitical tensions, but we have today the dollar