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'Hard yards': ANZ forecasts tough economy ahead - no quick fix with new Government

ANZ economists see the economy “muddling through” the next few months but warn it will be “hard yards” overall as high interest rates take their toll on.

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Transcripts for MSNBC Morning Joe 20240604 11:45:00

As you can see, muddling the new york city skyline, that smoky haze from canada. as some parts of the country face dry conditions and extreme heat, other cities, stretching from chicago to new york, are dealing with poor air quality due to smoke from those canadian wildfires. nbc news correspondent sam brock has the details. reporter: right now, it s a split screen of severe weather straddling the country. more than 100 million are breathing in smoky wildfire-fueled air. i can t get a breath of fresh air. reporter: while intense heat is making life miserable in places like dallas and new orleans. a chunk of people will face triple digits today and tomorrow. willie williams jr. called the seventh ward in louisiana home for decades. doesn t feel normal? it doesn t. this is an aberration?

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Transcripts for BBCNEWS Newsnight 20240604 21:42:00

Rates need to be so high and do my savour s rates need to be so low? i think there are serious questions that need to be asked and if i was the government i would be looking into what we can do about it saver s rates. into what we can do about it saver s rates. into what we can do about it saver s rates. muddling, do you think the banks saver s rates. muddling, do you think the banks should - saver s rates. muddling, do you think the banks should step - saver s rates. muddling, do you think the banks should step in, | saver s rates. muddling, do you i think the banks should step in, the government? 0r neither madalyn. is this the risk you take when you take out a mortgage? i is this the risk you take when you take out a mortgage? take out a mortgage? i feel the government take out a mortgage? i feel the government should take out a mortgage? i feel the government should be - take out a mortgage? i feel the government should be doing i take out a mortgage? i feel the g

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Transcripts for BBCNEWS BBC News 20240604 10:51:00

Reaction coming from michael fabricant, supporter of boris johnson. let s take a step back now and take in some of the bigger picture of this with our political correspondent. thank you very much for coming out here to help us distill some of what we have been through. we have heard so much reaction. i think it is worth muddling through and seeing where it all gets us too. particularly, if we can start with the question of what is happening within the tory party as a result of this. we had one mp suggesting this could cause a civil war. it suggesting this could cause a civil war. , ., y suggesting this could cause a civil war. , ., , ., , suggesting this could cause a civil war. ,., i”, ., suggesting this could cause a civil war. ,., ., ., war. it is lovely to be down at the old college war. it is lovely to be down at the old college green. war. it is lovely to be down at the old college green. i war. it is lovely to be down at the old college green. i was - war. it is lovely t

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