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in missouri the battle of the two trump endorsed candidates called eric has been decided. and we seem to projects that missouri eric schmidt has won the republican nomination for senate, defeating the former governor eric greitens. and in washington state, the votes is still too early to call for tua publicans running for election who both voted to impeach donald trump. congresswoman jerry her rather butler s leading right now against trump endorsed candidate joe can t. and congressman dan newhouse is leading a tremendous candidate, lauren colp. steve kornacki with us all night, let s go over to the big board and see what s going on right now. i say you ve chosen to talk about arizona first. tell us what you are looking at. a bit of a potential surprise here in arizona, kerry lake, the republican backed by donald trump, former newscaster up there in arizona, had let in the polling in this race, and i think came in today as the favorite. you can see we got a lot of t ....
rehearsal in central london. here, opposition parties demand an explaination from borisjohnson, after he met with the senior civil servant, sue gray, ahead of the publication of her report into lockdown parties at downing street. pharmacists have been given temporary power to make swaps to women s hormone replacement therapy prescriptions, amid ongoing shortages. australia s labor party is returning to government with a promise to transform the country into a renewable energy superpower. the party has come first in a general election, but hasn t secured an overall majority. it s not yet clear if it ll form a minority or coalition government. the outgoing prime minister, scott morrison, has congratulated his rival and successor anthony albanese. in his victory speech, the labor leader paid tribute to the outgoing prime minister and said australia was entering a new era. scott morrison called me to congratulate myself and the labor party on our victory at the election. ch ....
The cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase Borrowing Costs which, in essence, has similar effects raising interest rates. As far as markets go, they are expecting the fed to raise rates not at this upcoming meeting, i believe, next week but actually ....
Shelter and housing. And particularly you mentioned the cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase Borrowing Costs which, in essence, has similar effects to raising interest rates. As far as markets go, they are expecting the fed to raise rates not at th ....