Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to Interest Rates off the table, when the fed meets later this month . Instead, itll more like 25 Basis Points cut . Was the fed behind the curve . Well, i think 50 points is off the table, personally, and i may be in the minority in which 25 is off the table. I think its a bit too soon to raise the mission accomplish
The New York Times published its first article on the pentagon papers. Reflecting on the significance of the history it created, the New York Times writing today, quote, the lies revealed in the papers were of a generational scale. And for much of the American Public it seeded a suspicion of government that is even more widespread today. Remember a few years later came watergate, a scandal that forced a president to resign and raised even more distrust in government. And now, along with a republican assault on Voting Rights, we are learning more about efforts to dig up dirt on Congressional Democrats and others by Donald Trumps Department Of Justice. We have learned the current doj is revealing the ordeal. But today this New York Times article, trump subpoenaed apple about an account that belonged to don mcgahn. Apple was barred from telling mcgahn about it. Apple has not responded to the times. An attorney for mcgahn and the doj declined to comment. The Senate Majority leader wants an
The New York Times published its first article on the pentagon papers. Reflecting on the significance of the history it created, the New York Times writing today, quote, the lies revealed in the papers were of a generational scale. And for much of the American Public it seeded a suspicion of government that is even more widespread today. Remember a few years later came watergate, a scandal that forced a president to resign and raised even more distrust in government. And now, along with a republican assault on Voting Rights, we are learning more about efforts to dig up dirt on Congressional Democrats and others by Donald Trumps Department Of Justice. We have learned the current doj is revealing the ordeal. But today this New York Times article, trump subpoenaed apple about an account that belonged to don mcgahn. Apple was barred from telling mcgahn about it. Apple has not responded to the times. An attorney for mcgahn and the doj declined to comment. The Senate Majority leader wants an
The New York Times published its first article on the pentagon papers. Reflecting on the significance of the history it created, the New York Times writing today, quote, the lies revealed in the papers were of a generational scale. And for much of the American Public it seeded a suspicion of government that is even more widespread today. Remember a few years later came watergate, a scandal that forced a president to resign and raised even more distrust in government. And now, along with a republican assault on Voting Rights, we are learning more about efforts to dig up dirt on Congressional Democrats and others by Donald Trumps Department Of Justice. We have learned the current doj is revealing the ordeal. But today this New York Times article, trump subpoenaed apple about an account that belonged to don mcgahn. Apple was barred from telling mcgahn about it. Apple has not responded to the times. An attorney for mcgahn and the doj declined to comment. The Senate Majority leader wants an
The New York Times published its first article on the pentagon papers. Reflecting on the significance of the history it created, the New York Times writing today, quote, the lies revealed in the papers were of a generational scale. And for much of the American Public it seeded a suspicion of government that is even more widespread today. Remember a few years later came watergate, a scandal that forced a president to resign and raised even more distrust in government. And now, along with a republican assault on Voting Rights, we are learning more about efforts to dig up dirt on Congressional Democrats and others by Donald Trumps Department Of Justice. We have learned the current doj is revealing the ordeal. But today this New York Times article, trump subpoenaed apple about an account that belonged to don mcgahn. Apple was barred from telling mcgahn about it. Apple has not responded to the times. An attorney for mcgahn and the doj declined to comment. The Senate Majority leader wants an