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I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us ec ....
Only added to his lustre among Party Members and in the National Poll he is now level pegging withjoe biden. So what will it take for the anti trump republicans to turn this around . The first Republican Debate is in milwaukee later this month. Is there any candidate that could pose a late, and determined challenge . I look at the field and dont see it, but theres a growing degree within the trump camp that they have this in the back that bag. They believe the events of yesterday have pretty much sealed it. Tim . Pretty much sealed it. Tim . Know, i wouldnt bet pretty much sealed it. Tim . Know, i wouldnt bet against pretty much sealed it. Tim . Know, i wouldnt bet against either pretty much sealed it. Tim . Know, i wouldnt bet against either trump. Pretty much sealed it. Tim . Know, i| wouldnt bet against either trump ....
the first time it has opted against a rise in more than a year. fed chairmanjerome powell said the bank was still waiting for evidence that inflation was slowing decisively. so what might be in store? to talk through what s at stake i m joined by francis 0h, asia pacific chief executive at qraft technologies. a warm welcome to the programme. argue with the economists, the bookies that predict that inflation will actually be coming down to around 3%? actually be coming down to around 396? actually be coming down to around 396? ., ~ , ., ., ., around 396? thank you for having me, es, this is interesting because it would take a long time to see the 3% level could be achieved. we are still waiting and see for extra detail but right now the call of economists is about 3.1% of cpi data thisjune, which is also substantially different from the previous three months in may and i think the query strategy is that the cooling down of the cpi, and the fed looks like it will be chan ....