Economy both pragmatically and psychologically china owns more of our debt than just about any other country so why are they doing this why are they doing this all right so all right hold on im being told now that the 2nd breaking story that we would tell you about has just occurred and this is where this plays into this situation with china think about this just today the u. S. Federal reserve was getting ready to announce or at least contemplate a historic move the u. S. Federal reserve was considering moving the u. S. Interest rate into negative territory but weve just learned just moments ago confirming. That the fed will not lower Interest Rates below 0 will not this is coming in as im telling it to you its being told to me by by producer thats the announcement weve been waiting for the fact that it contemplated going below 0 is enough though to force china to do what its doing so you see china is essentially worried that when you combine the fed contemplating lowering Interest Ra
Of the world china more of our debt in the United States than just about any country in the world so why would they be doing this right well think about it so just today as we reported here as breaking news about an hour ago the u. S. Federal reserve came within moments of being pressured into lowering Interest Rates below 0 in the end they pulled back from taking them into negative territory but even that build up of what they might do was significant significant enough so china is worried that when you combine what the fed has already done in buying back bonds and pouring billions into banks in printing 2 trillion dollars to pump into a sputtering economy in the United States what you have what you have is the makings of a weaker dollar a weaker dollar in other words as berts describe it the currency will be devalued. And what china is essentially saying is we see a storm coming and were going to start getting out getting out of the way while the getting out of the way is good so wha
The motion of it as its heading towards route 55 some of the busier traveled areas. As we look near philadelphia we see some scattered showers some heavier rain youre driving through in chadds ford in west Chester Malvern especially and traveling along i95 you see that heavy cell that would be head towards philadelphia. So a lot happening on the radar right now which is why we have that flood advisory, the first one in our area being posted. 74 degrees right now in philadelphia. It is warm. Its muggy out there a high of 87. The problem is its not just a morning issue, matt. At any point today we could see a heavy downpour with a thunderstorm coming through so ill show you future tracker six coming up in a minute cause its going to be a problem for your evening commute as well. Sounds like it will be a really interesting day. Good morning karen. Were live in king of prussia early on this tuesday where things are definitely wetter than they were during the last half hour when we looked a
Yeah, no kidding. Aylle have the issue with the weather. Well get you right to it in the weather center. Theres a heat advisory that kicks in at 1 oclock this afternoon. Goes until 8 oclock in the evening and during that time period in the Central Counties you see highlighted in orange especily urban centers radiant heat we get off of that its going to feel like its some of you might get heat this aftnoas we high as 105 lreamios a t a few clouds, some showers earlier are now off the coast. We are looking and clouds mixing today. Starting out warm and very muggy. 75 degrees in philadelphia. And if i were to show you the dewpoint map which i will in a couple of minutes, the numberswt here. A lot of us with dewpoints in the 7dity and the temperatures are also in the 70s now. Theyre going to get into the 90s later. 87 degrees by noon. Your high today is 93 degrees at 3 oclock and again, there is that chance of heat index values going up over 100 for awhile this afternoon. By 7 oclock were
Find Something Else today. Live in Hillsborough County, Isabel Rosales abc action news. A few areas of patchy fog out there, otherwise nice and cool and comfortable. Just be careful, 75 and i4, Executive Airport reporting down to a mile visibility. Also down to a mile in receive zephyrhills as well. Our usual pockets of denser fog are continuing und upper 50s all the way back to the mid80s once again this afternoon. Humidity not too bad. Moderate, but well be warmer than unusual until our cold front gets here, still scheduled for arrival friday night. Well talk more about that in a few minutes. Good morning everybody, a crash in manatee county. Lets go straight to the maps. I can show you where it is. State road 64 just east of flowing nicely. Now were starting to see delays from this crash i told you about a little earlier. Southbound u. S. 19 at fox hollow drive, seeing some delays there in the southbound lanes. No crashes or breakdowns to tell you about, looking great i 275 and fowl