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Coming up from a heart inflation dense fed rate cut expectations and yield search as traders will just positioning. Bruce richards joins us to discuss the state of the credit market. First the feds inflation fight. Inflation is taking its time coming down. Inflation is a sticky animal. Perhaps inflation will remain high. February was better than january but not go. The Bigger Picture. 2 target. The broader trends in inflation are moving down. I do not think the said it takes a lot of signal from one or two inflation prints after a series of very good inflation prints. Shifting focus from monthtomonth gyrations on the data. The fed is likely to cut three times this year. The first cuts in june. June. June. June july. Dont expect huge statements from next week or what chair powell says in his press conference relative to what they have said recently. Sonali head of a major fomc meeting traders arent thinking about cuts earlier in th ....
good evening. you are going to see a number of extraordinary things over the course of this next hour. it is very rare that we see history happening in realtime. we ve all seen the images of what happened to outside the capitol on january 6th, of the capital being breached. people wandering around, destroying property. that was historic, but it is even rarer to see what was happening behind closed doors, where the people in power were making decisions. that is what you are about to see tonight. in this hour ahead, one of the most consequential moments in living memory, in a way you ve never seen it before. footage from january 6th, 2021, obtained exclusively by cnn as the attack on the capitol unfolded, showing how congressional leaders, speaker, nancy, pelosi and others were forced to flee the capital from their offices and moved to a secure location where they frantically coordinated with then vice president pence and trump cabinet members to quell the insurrection an ....