Hello and welcome along to the programme. Its been all about Leon Marchand in the pool on day five of the paris olympics. The french Home Favourite again took the roof off the la Defense Arena with golds in both the 200m Butterfly and the 200 metres breaststroke. He now has three at the games in paris. Marchand is the first to complete the olympic 200 Metre Butterfly Breaststroke double, and he broke the olympic record in both. First he won the butterfly and then became the first swimmer to win two individual golds in one night at the olympics since 1976 with gold in the breaststroke. Pan zhanle of china won the 100m Freestyle in a stunning World Record time of 16. 40 seconds, shaving an incredible 0. 40 seconds off his previous Mark Set at the world championships in doha last february. Australias Kyle Chalmers finished a distant second, while David Popovici had to settle for bronze. History as well for team usas katie ledecky, who became the first woman to win Gold Medals at four diff
From Chairjerome Powell that a September Interest Rate Cut could be on the table. Those comments from his Press Conference pushed Wall Street higher, with all the major indices closing in the green. The question will be whether the totality of the data, the evolving outlook, and the balance of risks, are consistent with outlooks on inflation and maintaining a solid labour market. If that testis solid labour market. If that test is met, reduction in our Policy Rate could be on the table as soon as the next meeting in september. Tom porcelli, the chief us economist at pgim fixed income in New York laid out his expectations for the fed and us monetary policy, given its an election year. I think you get pretty clear Indication Today that september is the meeting where they will start the process of removing some of the aggressive tightening they have put in place. Do i think that some aggressive Inflation Data could get in the way . We will get to Inflation Reports between now and then. It
Indices closing in the green. The question will be whether the totality of the data, the evolving outlook, and the balance of risks, are consistent with rising confidence in the outlooks on inflation and maintaining a solid labour market. If that test is met, a reduction in our Policy Rate could be on the table as soon as the next meeting in september. Lets turn to boeing now. The planemaker has appointed a new Chief Executive to succeed Dave Calhoun whos stepping down. Kelly ortberg, the former head of Aerospace Supplier Rockwell collins, will take over next month as boeing struggles to overcome a series of challenges relating to its Safety Record and supply chains. The announcement came as boeing reported deepening losses in the second quarter of the year, Making A Net Loss of 1. 1; billion. Aviation Analyst Mark Martin weighed in on the new ceo appointment, and whether this marks a Turning Point for the troubled company. Kelly ortberg comes over from Rockwell Collins. His perspectiv
Marchand in the pool on day five of the paris olympics. The french Home Favourite again took the roof off the la Defense Arena with golds in both the 200m Butterfly and the 200 metres breaststroke. He now has three at the games in paris. Marchand is the first to complete the olympic 200 Metre Butterfly Breaststroke double, and he broke the olympic record in both. First he won the butterfly and then became the first swimmer to win two individual golds in one night at the olympics since 1976 with gold in the breaststroke. Pan zhanle of china won the 100m Freestyle in a stunning World Record time of 16. 40 seconds, shaving an incredible 0. 40 seconds off his previous Mark Set at the world championships in doha last february. Australias Kyle Chalmers finished a distant second, while David Popovici had to settle for bronze. History as well for team usas katie ledecky, who became the first woman to win Gold Medals at four different olympic games after retaining her title in the Womens 1500m
Its been all about Leon Marchand in the pool on day five of the paris olympics the french Home Favourite again took the roof off the la Defense Arena with golds in both the 200m Butterfly and the 200m breaststroke. No one in history has completed the 200m Butterfly breaststroke double, but marchand did, breaking the Olympic Records in both. Earlier, he beat kristoff malik, in the butterfly, Pan Zhanle of china won the 100m Freestyle in a stunning World Record time of 16. 40 seconds, shaving an incredible 0. 40 off his previous Mark Set at the world championships in doha last february. Australias Kyle Chalmers finished a distant second, while David Popovici had to settle for bronze. History as well for team usas katie ledecky, who became the first woman to win Gold Medals at four different Olympic Games. Different Olympic Games after retaining her title in the womens 1500m freestyle with another Commanding Performance on wednesday night. Shes regarded as the greatest distance swimmer of