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
Pandemic may not fix america s housir the interest rates come to see the interest rates come back down. To see the interest rates come back down to see the interest rates come back down. ~ g. ,. , back down. When jerome powell visited this back down. When jerome powell visited this market, back down. When jerome powell visited this market, the visited this market, the federal reserve was watching closely to see if it s big interest rate hikes really were calling information, even though it was tough and small businesses. That s about to mr powell and his change. Mr powell and his change. Mr powell and his colleagues are set to interest colleagues are set to interest rates. In york, the arrival of rates. In york, the arrival of autumn marks a change. After autumn marks a change. After raising interest rates 11 raising interest rates 11 times, america s central bank times, america s central bank is all but certain to unwind is all but certain to unwind fat, but how quickly they go f
That s about to change. Mr powell and his colleagues are set to interest rates. In york, the arrival of autumn marks a change. After raising interest rates 11 times, america s central bank is all but certain to unwind that, but how quickly they go down from here is still up for grabs. Perfectly like this on your porch, and then we price it less than picking up the pumpkins themselves. At this farm shop, the rebirth of the economy, as inflation falls closer to the fed s official target of 2%, is yet another moment of change. We want stability. Isn t that what everyone wants? that means security. Stability means you can t predict what your business will do, how your community will grow, all those things, and that means you are secure. Still, on the outskirts of town, the first rate cut since the pandemic may not fix america s housing market. Ben rutt is director of marketing at keystone custom homes. He tells me, despite the mortgage squeeze, house prices here have remained high. Economi
Interest rate hikes are in Cooling Inflations even if it were those type of small Businesses. It is about to change. Mr powell and his colleagues are said to cut Interest Rates. In New York the arrival of ogden marks a change. After raising Interest Rates 11 times, The American Central Bank is all but certain to unwind to that. But how quickly they go down from here is still up for grabs. Perfectly, like this on your porch and we price it less than picking up the pumpkins themselves. At picking up the pumpkins themselves. Picking up the pumpkins themselves. ,. , themselves. At this Farm Shop themselves. At this Farm Shop the rebirth themselves. At this Farm Shop the rebirth of themselves. At this Farm Shop the rebirth of economy themselves. At this Farm Shop the rebirth of economy as the rebirth of economy as follicles or to the official target of 2 is yet another moment of change. We target of 296 is yet another moment of change. We want Stability Moment of change. We want stability
Speak with my brand jury. Thank you so much for joining us. The news continues right here On Cnn next, the Breaking News lying in wait, investigators revealing the alleged Trump Gunman was hiding near trumps Golf Course where nearly 12 hours. The sheriff who arrested the suspect has the Body Camera Footage is outfront, plus fierce backlash. Elon musk now trying to spin it tweet wondering why No One is trying to assassinate Joe Biden and Kamala Harris Don Lemon, who worked for mosque, joins me Outfront Tonight live. And the threats kyiv coming springfield, ohio schools closed community festival, canceled. Trump tripling down on false claims about migrants eating pets. The president of a university now forced to go remote, response tonight outfront. Lets go to all im Erin Burnett and Outfront Tonight, we do begin with the Breaking News, new questions about whether the suspected gunman acted alone. Investigators at this hour are now racing to determine if the man accused of apparently try