Point to 3. 5 . So have those eurozone nations turned a corner on inflation . Joining me now is charles younes, deputy chief Investment Officer at financial Analysis Company fe info. Good to have you with us. Make that link for us. We saw that cut earlier in the week, and it seems as though it backs up that decision they made earlier. Yes, i fully agree with you on that point. The ecb has been very clear, they have been slow in Cutting Rates, and really it is about inflation. So the number given this week confirms that the ecb needs to be very slow in Cutting Rates. It that the ecb needs to be very slow in Cutting Rates. Slow in Cutting Rates. It also suggests slow in Cutting Rates. It also suggests that slow in Cutting Rates. It also suggests that the slow in Cutting Rates. It also suggests that the european | suggests that the European Central Bank had a very different tactic versus the Bank Of England and the us federal reserve. What does it tell about their thinking and whether the
Welcome to Business Today live from new york. Shares are inching higher on Wall Street ahead of the most closely watched meeting of the Us Federal Reserve in years. In just underfive federal reserve in years. In just under five hours time the fed is expected to finally start cutting the cost of borrowing from its two decade high. But how deep are the first could be and with concerns in some quarters about a rapidly weakening us economy, has the fed left it too late . Let s get more from the chief fixed Income Strategist at janney montgomery scott. The big debate here, 25 or a 50 Basis Point Cut. What are you expecting . Basis point cut. What are you petting . Expecting . Its a close call. I think there expecting . Its a close call. I think there is expecting . Its a close call. I think there is relatively think there is relatively little economic impact from one or the other depending on how that decision is made. 0ur Expectation is that the federal reserve will reduce overnight Intere
Sex trap pagers its furthering fears of a Wider Regional War the big announcement, the Federal Reserve expected to cut Interest Rates for the first time since 2020, just weeks from Election Day the east coast. A live look at new York City on this wednesday morning. Good morning, everyone. Im kasie hunt. Its wonderful to have you with us. There are just 48 days until Election Day. Donald trump holding his first Campaign Event since sundays apparent second Assassination Attempt getting up close with his supporters, greeting them, shaking hands as he took the stage in michigan approx, the proximity projection of confidence just days after the Secret Service engaged the gunman who was lying in wait for trial as he got a few days ago, we had an incident. I have to say Secret Service did a hell of a job, but this guy was all said he was all set to do is number and there was no talk. He didnt say hello. What are you doing here, please and he ends up getting shot himself. He took his gun, star
Im talking about wisconsin, a battleground currently showing a day had heat will talk to the states Democratic Party chair im dana bash. Lets go behind the headlines and inside Politics Cnn and Breaking News we begin with major Breaking News out of The Middle East. A fresh wave of explosions in lebanon. Their Health Ministry is reporting at least nine people have been killed after dozens of Walkie Talkies apparently blew up just a day after hundreds of pages by hezbollah floated, injuring thousands. I want to get straight to beirut and cnns ben wedeman, ben in addition to the nine people so who have been killed so far today, according to the ministry of health, theyre saying more than 300 have been injured in this second day of blasts the across the country. Now, according to lebanese security sources, there were somewhere between 15 and 20 explosions of devices. Its believed Walkie Talkie hes in the southern suburbs of beirut. Thats where hezbollah has a strong presence. One of those
12 months. This smoking hot red high its omaha steaks, redhot sale event. Save on everything including are usdacertified tender, fully mignon burgers free order. Now, at omaha steak. Com Slash Tv and Radio Eat im Natasha Bertrand at the pentagon. And this is cnn this is cnn Breaking News we do have Breaking News just into cnn, the Federal Reserve making its announcement on Interest Rate cuts. Lets take you straight to the Federal Reserve in cnns matt egan. Matt, what does the fed say . The fed just delivered its first Interest Rate cut since covid and it is a big one, half a Percentage Point, this is a major milestone for the economy and it does signal greater help on the way for borrowers who are struggling with painfully i Interest Rates on stuff like credit cards, and Mortgage Loans to Small Business loans. So why did the fed end up deciding to go big instead of a more gradual Interest Rate cut well, theres two reasons when you go through the statement some of this is encouraging so