To supplies due to conflict calmed down a day after saudi arabia pledged to stabilise the market. The neck he is up to. 6 this morning. 1. 2 mac 6 the central bank said it might hold steady on another Interest Rate hike as well. Federal reserve officials are embracing the higher for longer strategy. Thats according to the newly released minutes in the september meeting. The readout shows while people are divided on whether the Us Central Bank will hike rates before the year is out, theyve seen it has spill over effects in Financial Markets everywhere. Higher rates make it more expensive for americans to take out a loan on a house or a car and makes it more expensive for businesses to borrow money through loans or lines of credit, all of which slows growth. Meanwhile, the interest paid on Us Government bonds is also moving toward its highest levels in more than 15 years. That could end up having the same effect as a Fed Rate Hike without the fed having to act. During that september meet
Significant additional risks. Speaking this morning, ahead of the Imf World Bank meeting in marrakesh, ms yellen said washington was monitoring the potential Economic Impact of the escalating conflict. While we are monitoring potential Economic Impacts from the crisis, im not really thinking of that as a major likely driver of the Global Economic outlook. So we will see what impact it has. Thus far, i dont think weve seen anything suggesting it would be very significant. Janet yellen speaking earlier. Joining me now is gregory peters, co chief Investment Officer at pgim fixed income. Thank you for being with us. Janet yellen says so far things are ok, that there are lots of moving parts right now, notably how long this conflict goes on for and who else if anyone gets involved, i am thinking of saudi and iran. It is anyone gets involved, i am thinking of saudi and iran. Of saudi and iran. It is clear there are lots of of saudi and iran. It is clear there are lots of moving of saudi and
Condemns what he calls barbaric hamas attacks. This is the Sea Life In Gaza as israel continues to send soldiers close to the border. This is the scene live in gaza. We will speak to paul adams in a moment or two, but first i want to bring you one of the latest lines. We hear British Airways has diverted a flight from london to tel aviv due to the situation in israel. That hasjust come from the spokesmen in the last few minutes, a British Airways jet heading to tel aviv has been diverted. We will look for more details on that boat you see the activity in recent minutes in terms of rockets being fired, in terms of israeli action too, so that you just coming in. More on that in a moment but lets pause and head to the Sports Centre to round up the headlines with ben croucher. India are on course for a big win at the mens cricket world cup, chasing 273 to beat afghanistan in their second group game. Afghanistan were 63 3 when captain Hashmatullah Shahidi and Azmatullah 0marzai put on 121 f
We will have more on those stories in a moment or two. Lets go to the north of israel, to the borders with lebanon. Anna foster is our correspondence there. We have seen more shelling and more activity. What has been going on where you are . . ,. ,. Are . Im right on the border. We have spent are . Im right on the border. We have spent the are . Im right on the border. We have spent the day are . Im right on the border. We have spent the day trekking are . Im right on the border. We l have spent the day trekking along the border where there have been various incidents over the last few days. This morning, hezbollah fired an anti tank missile into israel, fighterjets from israel an anti tank missile into israel, fighter jets from israel then responded by striking at hezbollah bit of infrastructure inside lebanon. I am speaking from a shelter because as we were driving along the sirens went off here and we are sheltering with the local security team, because a lot of these border communi
fade and under clear skies as the winds for light, we will again see some fog patches and a touch of frost. many places will get close to freezing in some places below freezing. frost and fog for some of us to start tomorrow morning. we are in a window of fine weather, low pressure clearing eastwards. more weather systems waiting in the wings but a zone of fire to dry and weather. with some fog across parts of scotland, northern england and northern ireland, could be quite slow to clear. a few showers in eastern parts but for the majority of fine looking day with lots of sunshine and the temperatures generally between seven and i2 generally between seven and 12 degrees. we will see rain approaching the south west late in the day fine and dry. moving into devon and cornwall and the channel islands late in the day. it will start to turn quite chilly later on. into remembrance sunday, frontal system start to push in from the south west. ahead of that, sunday morning could be