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The 4. 40 level, as we heard from five fed officials conveying the path down to 2 will be longer than expected, and it will be bumpy. Heres where that puts market probabilities right now. First cut expected in september. Well see if that changes after our live and exclusive interview. Steve liesman is standing by with the fed governor chris waller. Welcome to both of you. Steve . Kelly, thank you very much. I am here in washington with fed governor chris waller. Thank you for joining us. Thank you. By the way, i hear birthday wishes are in order. Thank you. Its not on the agenda. We have a lot to talk about, but thank you very much. Can we talk about the inflation dynamic as you see it . How was 2023 in terms of what has been called really the solid progress that was made on inflation differed so far from 2024, how is the dynamic going to work this year . I would say 2023, we really did see a lot of unwinding of supply side problems. We also saw a large surge in immigration that wasnt ....
Creditors have reached a deal on a fresh bailout. This deal takes the worstcase scenario off the table and eases the fear that the country will leave the Currency Union in europe in the near term. That was enough to allow investors in europe and the u. S. To vote with their wallets and send stalks higher. By the close the Dow Jones Rose 217 points to finish at 17,977. Nasdaq gained 73. The s p 500 added 23 points. But despite the deal between greece and its creditors, there are still a number of uncertainties surrounding the countrys long material financial fate. And this deal came at a very high price, including tough conditions no one is sure is country can fulfill. A report from athens. Reporter greece is still in the eurozone but just barely. After an all night negotiating session in brussels, the country emerged with a worse deal than one they rejected a week ago. Pensio ....
Morning. The word that greece and its creditors have reached a deal on a fresh bailout. This deal takes the worstcase scenario off the table and eases the fear that the country will leave the Currency Union in europe in the near term. That was enough to allow investors in europe and the u. S. To vote with their walotts and send stalks higher. By the close the Dow Jones Rose 217 points to finish at 17,977. Nasdaq gained 73. The s p 500 added 23 points. But despite the deal between greece and its creditors, there are still a number of uncertainties surrounding the countrys long material financial fate. And this deal came at a very high price, including tough conditions no one is sure is country can fulfill. A report from athens. Reporter greece is still in the eurozone but just barely. After an all night negotiating session in brussels, the country emerged with a worse deal tha ....
Creditors have reached a deal on a fresh bailout. This deal takes the worstcase scenario off the table and eases the fear that the country will leave the Currency Union in europe in the near term. That was enough to allow investors in europe and the u. S. To vote with their wallets and send stalks higher. By the close the Dow Jones Rose 217 points to finish at 17,977. Nasdaq gained 73. The s p 500 added 23 points. But despite the deal between greece and its creditors, there are still a number of uncertainties surrounding the countrys long material financial fate. And this deal came at a very high price, including tough conditions no one is sure is country can fulfill. A report from athens. Reporter greece is still in the eurozone but just barely. After an all night negotiating session in brussels, the country emerged with a worse deal than one they rejected a week ago. Pensio ....
Streak since january but are rising on better than forecasted earnings and we have lots of earnings to go through. Andre talking about china how it stabilized one chinese plunged after lower sales, trading almost 20 lower from yesterdays close. Its the biggest loss since 2009 for the company. Moving onto oil and gold we have seen a commodities route. Oil prices are rebounding and oil is trading near a fourmonth low. Down 19 still trading near the bear market of 20 territory from its may peak. Pimm lets take it check of the treasury market. There is little bit of selng on bonds. The 10 year is 2. 25 . This is over the past week and we can see a decline in the yield meaning the prices were a bit up. The intraday is moving a little bit higher with selling in the 10 year coming as the Federal Reserve began to two day meeting to consider raising Interest Rates. Lets take a look a ....