Coming up, cpi topping estimates for the third month in a row. Markets and the fed rethink geopolitical tensions complicate the direction for treasuries. We start with the feds inflation problem. The sound was the door slamming on the june rate cuts. Inflation. There is more inflation that people would like. Too much for the fed. It really complicates things for the fed. A very stubborn situation. No one is expecting june. Still holding onto the june call. It is a close call. You will have some rate cuts but it will not be what people expected. A rate cut in june seems to me would be a dangerous and egregious error. Right now, looking forward, we do not see any rate cuts. The fed is not going to be making any moves anytime soon. It really is a fascinating moment. Sonali it seems like just yesterday we were talking about june or july for the first moment for the rate cut you saw by the Federal Reserve but you can see by the chart we are looking at that the odds are quickly diminishing.
Things have changed, we have different numbers. New highs for 2024. The two youre getting closer to 5 two year. The quote of the last 24 hours around this desk, jp morgans david kelley, the sound of their slingshot on a june cut. Lisa stephen of standard charting, rbc, we are changing our fed call from 45 basis points to one of a duty five basis point move. Yesterday we saw the biggest self, the biggest yields since 2022 and it seems there might be more. Annmarie everyone is trying to revise. Starting to revise. This really seals the fate for the june fomc to push this further back. If we came into this year expecting when will the fed cut, and that is a matter of some people asking if the fed will have a cut in 2022 in 2024. Jonathan two big headlines crossing bloomberg earlier, triggers parenting rate cutlets to less than 25 basis points. Look at for exchange, the euro, 1. 07. The dollar having its biggest oneday since the banking stress of last spring. Dollar, 152. Never mind, it is
Direct mention of me and lars orange a Muslim Minority as he appeared alongside the countrys leader on san suu cheap a military crackdown has forced hundreds of thousands of rahane just to flee to neighboring bangladesh well those are the headlines do stay with us coming up next its the stream and im going to have more news for you in half an hour thanks for watching by. Ok and youre in the stream live went out to sea air and on you tube today i saw has been defeated on the battlefield but it is not really the end many experts say the conflict continues and that the front line is digital im only going to allow so does defeat in iraq and syria i mean i suppose ideology has been toppled or is that more just beginning today well hear from a panel of experts and the former wife of an assault commander. Last month more than three years after i still captured rocca in syria it was pushed out of the city that happy come in effect its capital and the heart from which it controlled its operatio
Is expected to remain closed until thursday as mount continues to spew volcanic ash about one hundred thousand People Living near the volcano have been told to leave as scientists warn theres a major eruption could happen at any moment all right youre up to date with headlines here on out there are news coming up right after the street. Facing reality if a piece of machinery goes wrong is there a train of litigation true which we can bring in the system to get into the heart of the matter i dont think we need it but some of my producers just hear their story on talk to our agency at this time. Hi im femi ok and youre in the stream live went out to sea air and on you tube today i still has been defeated on the battlefield but its not really the end many experts say the conflict continues and the front line is digital im only going to allow so does defeat in iraq and syria i mean i suppose ideology has been toppled or is that war just beginning today well hear from a panel of experts and
Embassy in israel from tel aviv to jerusalem its president mike pence revealed a plan adding that that commemorating the seventieth anniversary of the uns vote for the partition of palestine in the embassy will anger arab states and palestinians who claim part of jerusalem as the capital of the future palestinian state as have the headlines news continues after the string keep it or. News has never been more available but the message is simplistic and misinformation is rife listening provides a critical counterpoint trying to bring Mainstream Media now at this time on aljazeera. Ok and youre in the stream live without his ear and on you tube today i saw has been defeated on the battlefield but it is not really the many experts say the conflict continues and the front line is digital im only going to allow so does defeat in iraq and syria i mean i suppose ideology has been toppled or is that war just beginning today well hear from a panel of experts and the former wife of an assault com