My colleague katy tur just indicated, we have major Breaking News that were covering. Two american hostages have been released by hamas. They have been held by the terror group for nearly two weeks, since hamas stormed into communities in southern israel killing nearly 1,400 people and kidnapping more than 200. U. S. Secretary of state Antony Blinken speaks right now about it. Citizens held by hamas since october 7th were released. These Two Americans are now safely in the hands of israeli authorities in israel. We expect the team from the u. S. Embassy to see them very shortly. Over the coming hours, theyll receive any support and assistance they need, and of course were very anxious to be able to reunite them with their loved ones. We welcome their release. We share in the relief that their families, friends, and loved ones are feeling. There are still ten additional americans who remain unaccounted for in this conflict. We know that some of them are being held hostage by hamas, alon
Now theres holocaust number one and holocaust number two. Mind blowing, unbelievable that it happened in 2023 in israel. Everyone doing everything they can. Sandra the State Department is confirming the deaths of at least 22 u. S. Citizens in israel. The news coming as we await a White House Press briefing, set to begin any moment now, a live look inside the white house. National Security Council Spokesman John Kirby will be joining Karine Jeanpierre as pressure is building for President Biden to rescue those americans held captive by hamas at this hour. Hello, welcome. Sandra smith in new york. John im john roberts in washington and this is america reports. It is now 8 00 p. M. In israel, and here is what we know right now. More than 150 hostages are being held in gaza, among them, some 20 americans. Israel warning gaza of a potential Ground Offensive imminently. Sandra and the first batch of u. S. Weapons we can report is in the hands of the israelis, as a u. S. Aircraft carrier has
Here is chair, jerome powell, during his press conference. The economy has made considerable progress toward our dual mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer inflation. With progress on inflation taking longer than expected, hopes for lower rates have dimmed. One scenario that could change that calculation . Chair powell said if the Labour Market unexpectedly weakened, that could spur rate cuts. And sweetening the mood on wall street, the Dowjones Industrial Average closed higher, after the fed chair implied that the Central Banks next move was unlike
Mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer inflation. With progress on inflation taking longer than expected, hopes for lower rates have dimmed. One scenario that could change that calculation . Chair powell said if the Labour Market unexpectedly weakened, that could spur rate cuts. And sweetening the mood on wall street, the Dowjones Industrial Average closed higher, after the fed chair implied that the Central Banks next move was unlikely to be a rate hike. As youve heard from the Us Federal Reserve, Interest Rates in america will remain high for some
the central bank it needs these foreign currency reserves to enact firepower and effect the economy and it has run out of that lifeline. the other aspect is the that of capital controls, they are measures by the government to prevent people from changing their argentine currency into foreign currencies, it is very popular they have a black market, where people meet to exchange the currency to the us dollar and thatis currency to the us dollar and that is artificially changing the currency, what they want to do here is bring it back to market, reduce this propping up, this artificial inflation, see where it stabilises off it has been welcomed by the international monetary fund which argentina has a huge debt to, they called the move bold said it would bring its refinancing progress programme back on track. people who will feel this are those who will feel this are those who import goods, they will find things more expensive, we will see pain for small and medium businesses