3.i% of 9.1% in mid 2022 tojust 3.1% in november above the target of 2% and jerome powell said they had not ruled out raising rates again in the future. still, all three major markets finished higher in industrial average more than 500 points to a record close and this is the third time in a row after central bank decided against other hike and for investors, satisfying this the only question on their mind is when will the feds start cutting them. that happened in the us overnight in from investment firms, they gave me her take on what the decision means the rest of the world. i did this is a very good question we have seen in this business cycle is the us praise to delete other markets and we can only take signalled what is happening and the progress on inflation that makes it feel comfortable to cut interest rates and i wonder what the next step will be if other central banks will get to this stage and easing financial conditions in the markets that is a part of the puzzle,
to early for speculation. earlier i put that to victoria scholar is head of investment at interactive investor. the uk money markets, they are anticipating rate cuts next year but not untiljune, that is when the first rate cut is pencilled in. that was actually pushed back after today s decision, from the previous estimation that the bank of england would cut rates in may. financial markets are pricing in a one percentage point move of rate cuts in 2024, that would get down to 4.25% from where it is now. but the governor was a lot more cautious than the markets, he says the markets have their own view and he thinks it is too early to speculate about rate cuts. clearly, he s been about rate cuts. clearly, he s been a lot more dependent on the data. i think this main takeaway is that the bank of england is being more cautious in its outlook than the fed. it cautious in its outlook than the fed. , , . fed. it is interesting that the lan . ua . e fed. it is interesting that the l
opportunities, and that s the difference. the message is to adults let s keep the world open. let s keep the opportunities available to all children. and remember, space isn t just about the u.s. it s international, it s worldwide. opportunities for space exploration should belong to all of us. dr. mae jemison, what a pleasure to have you on. thank you so much for the conversation. thank you so much. you re welcome. thank you all for watching. thanks for being with us, am amara. there s more ahead in the next hour of newsroom. fredricka whitfield is up next.
looking how to reuse it, took off and land it from the same place. those are exciting. and tourism, the fact that people get to go with private industry is also just a very new twist. put this in perspective. i think space tourism started back when russia was taking people to the international space station paying $25 million. it has been around awhile. the difference is you don t have to go through a government agency. these things are building. i am really excited about it because it does herald a new era. but i am careful about the term new space age, new space race. i think we have to actually understand this is building upon so much work that has been done before that u.s. taxpayers paid for, that others paid for and research, and space isn t only about people who physically go there, the astronauts.
stage bernie sanders and elizabeth warren go toe to toe with the people who aren t for their version of medicare for all, joe biden and rest of the field. i think tonight you re going to see nine candidates who don t believe in the sanders or warren version, and the guy defending sanders and warren is bill de blasio. and he s not a very popular guy. so it s going to be a very, very different thing. and so i want to see them together. i m so fascinated by the klobuchar performance last night. she had this burst of energy when she first announced because people saw her as, you know, potentially being able to win the moderate vote in a way that wouldn t just be for joe biden. that this space isn t just for joe biden. and over and over again, i think we see her in a space like this, not really taking on the candidates that she needs to take on. she is reticent to go there and bring that kind of fire. i think she really needed to fight like an underdog and did not do that. can i just