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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240912

Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to
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Transcripts For BBCNEWS BBC News Now 20240912

In the last few minutes, theyve come Face To face again after that debate Last Night. Pictured standing in line and shaking hands at a memorial in New York to mark 23 years since the 9 11 attacks. As you can see, they were joined the 9 11 attacks. As you can see, They Werejoined by president Joe Biden and the republican Vice President nomineejd vance. I think Michael Bloomberg also standing there between Biden And Mr trump. And we arejust there between
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Transcripts For BBCNEWS Business Today 20240912

Later this month. Lets show you the details. Figures from the us Labor Department Show prices rose at an annual rate of 2. 5 percent in august. Down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a more aggressive 3. 2 percent. Our North America Business correspondent Ritika Gupta is in new york. A cut by the fed has been all but promised by them already at their meeting next week. I guess the only outstanding question is by how much. Indeed, as you mentioned in your introduction overall this was a solid report on information monitoring. Annually at 2. 5 , that is the lowest in three years and that is why you will ....

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Transcripts For BBCNEWS Newsday 20240912

Expected to be a tight race. Ms harris received another boost on wednesday with a furtherfall in inflation which economists believe will encourage the us Central Bank to cut Interest Rates next week. The two candidates have both attended ceremonies to remember the victims of the September 11 attacks on america, exchanging a handshake for the second time rather than the barbs they traded earlier. The Trump Campaign are playing down the likelihood of a further debate, and Mr Trump has attacked the Abc Channel which hosted the debate, and its moderators, claiming they were biased. Lets get the latest from our north america editor, sarah smith. At a
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Transcripts For BBCNEWS Business Today 20240912

That. Rate cut next week. Everyone seems to be talking about inflation because of the us president ial debate, if you watch that, did you see the potential Policy Shifts based on the candidate s . Mat on the Candidate S . Not reall , on the Candidate S . Not really. They on the Candidate S . Not really, they had on the Candidate S . Not really, they had a on the Candidate S . Not really, they had a lot on the Candidate S . Not really, they had a lot of| really, they had a lot of political rhetoric but not a lot of policy information. We already kind of know where both candidates stand on addressing inflation, i would c ....

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