Bloomberg. You mentioned housing and todays gdp data when you look at that, do you believe that you have achieved a soft landing or are achieving a soft landing in the sense that removing to trend growth the rest of the year and next year that is our outlook overall, is for moderate growth of around 2 , pretty close to trend. Thats our outlook could be better. Could be worse you know, you never say youve achieved it. But thats our outlook we feel like our current stance of policy is appropriate as long as that remains broadly our outloo outlook. Donna borak with cnn. Chair powell, setting aside expectations for todays rate cut, obviously 97 sort of expected this would happen today, can you tell us more about the rationale behind moving at this particular meeting as opposed to waiting six weeks and cutting in december and if there was any discussion about that around the table . Thanks. Yeah. I think this seems to be the right movement you can see we had our usual range of prospects, ra
Looks like guys are bills been spared. Yeah which is the fortunate news now there are still embers blowing around out there. Despite the fact the winds of calm so the threat is still in existence. And so kaiser feel still cordoned off nobody allowed back in i want to illustrate once again. The evacuation area and also the intensity of the fire were getting a better handle on that as well and thats what this map shows us on both those levels but will begin with evacuations as we zoom in here on the map and give you a closer and look as i mentioned the town of guys are bill still under mandatory Evacuation Orders there it is along highway one oh one. The majority of the evacuated area, however, as you can see our into the hills east of one oh one but for guys fill and a certain stretch north and south about 5 miles or so youre not allowed there until they get a better handle on the actual fire and thats what these red dots illustrate each one represents a hot spot that theyre currently b
Earlier. Oakland come on short 5 00, and calm over santa rosa, and nevada. We will be partly cloudy up the coast. Mostly clear elsewhere. Temperatures ranging from 60s along areas over ocean beach. A lot of 70s around the bay are inland cities, into the 80s. A few areas hitting 85. It will be areas like fairfield and antioch. Everybody else is looking quite mild for this time of year. We have 72 in oakland. Into the north bay, 83 and santa rosa. The coastline, 64 expected in pacifica. Temperatures will heat up for tomorrow. Some folks nearing 100 degrees. Details coming on the extended forecast. List check on traffic with sal. We have a lot of traffic out there. There have been a couple of spots were collisions have been worse, and other spots are normally heavy. List got take a lo at the east shore freeway. 36 minutes for this time in the morning. It is not that unusual. There slow traffic all over the place. We have had a couple of earlier incidents, and you can see that it is busy c
Australia, markets have just come online. Annabelle im in hong kong, county down to asias major market open. Little momentum as u. S. Inflation and retail sales reads are coming, Strong Demand for a 30 year auction. Haidi many japanese workers are set for the biggest wage gains in decades, a positive sign for the bank of japan before he meets to decide on ending negative rate. Annabelle a bill to force a sale of tiktok in the u. S. Has the Senate Setting up a fresh flashpoint between washington and beijing. Haidi let us get you straight to the start of trading in sydney, alphabetically we are seeing already a bit of upside when it comes to trading. We do have a modest gain to close in the session, largely being supported by banks and Consumer Discretionary stocks. We are watching wind stocks again with framing of expectations of those punitive 220 tariffs after three years of being in place. Those are the biggest aspects to this market, gaining yesterday. Look at the aussie dollar, hol
Tomorrow will be the last time the chancellor brandishes the budget red box outside number 11 before the election. Will there be any surprises inside . It is the eve of what is probably the governments last set piece before a general election, and speculation over tax cuts surroundsjeremy hunts budget. I asked rishi sunak ally, the former minister liam fox, whther it was time to unfreeze Tax Thresholds. Well, if i had my choice and if i were the chancellor, tomorrow that is what i would be doing. Well be asking labours Shadow Minister For Industry and decarbonisation whether a Labour Government would change the fiscal rules in order to cut taxes . Also tonight. It looks like its going to be a pretty Super Tuesday for donald trump, so can anyone or anything stop him in his tracks on the way to the republican nomination . Music the latest production at the birmingham rep. After Birmingham Council cuts its Culture Budget to zero, is austerity for the arts coming to a town near you . Well