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Action like this. Action like this. Yes, its very difficult for action like this. Yes, its very difficult for this action like this. Yes, its very difficult for this situation action like this. Yes, its very difficult for this situation is l action like this. Yes, its very i difficult for this situation is very special because the transmission of Monetary Policy is very slow. Mostly because they are fixed Interest Rate mortgages for example but also because people have a lot of excess savings from covid because they were transferred to people to go through the pandemic, also to calm down the energy crisis, so this time its different. I dont like this phrase but i would say this is why there is a dogmatic divide between those who say dont wait for a policy mistake, dont hide too much, because things can be strong and we can go into recession and others say inflation is far too ....
president biden and u.s. house speaker mccarthy reach a tentative deal to raise the debt cree but will they be able to sell it to skeptical lawmakers on both sides of the aisle? and polls open in turkey. we re live in istanbul as voters began casting their ballots in the country s historic presidential runoff. plus, fueling speculation. ukraine s top commander releases a video that has many wondering if the country s counter offensive could be imminent. we begin in the u.s. with a late night agreement to try to prevent a disastrous debt default. the white house and republicans say they ve agreed in principle to raise the u.s. debt ceiling and cap government spending. u.s. house speaker kevin mccarthy is hailing the deal as a breakthrough that was reached after a flurry of crisis talks. after weeks of negotiations, we have come to an agreement in principle. we still have a lot of work to do, but i believe this is an agreement in principle that s worthy of the america ....
this is america s late news, fox news @ night . president biden and the white house are constantly saying that maga republicans are a threat to democracy. guess what? the vast majority of republicans are also worried about a tacks on democracy and they have an entirely different villain. the concern over democracy is quickly becoming a very big issue in the 2024 presidential election. senior national correspondent kevin clark has more on the fascinating new poll numbers. talk about your rare occurrences. imagine a world where republicans and democrats actually see eye to eye on a key issue. if the latest ap poll is to be believed as you mentioned apparently there is some common ground. the new survey showing 62% of americans believe that democracy could be at risk depending on the winner of the next presidential election. 51% say the democracy is not working. and then there is this. as the old saying goes be careful what you wish for. the majority of americans in t ....
c confirmed could happen as soon as june 1. manu raju has the latest. reporter: speaker kevin mccarthy has been pessimistic as talks have occurred on the staff level the past week to try to avoid the nation s first ever debt default. the white house has resisted calling for the national debt limit which is more than $31 trillion to be raised without any conditions whatsoever to avoid the prospects of the u.s. not being able to pay its bills. the house did pass a bill that included a host of priorities that democrats say is dead on arrival. so there is not much time left. in order to get a deal by that june 1 potential deadline to avoid the default, default could occur in the first couple weeks of june according to the treasury department or as soon as june 1. but he spoke to reporters on monday, and mccarthy made clear there is a long way to go. the way the president has ignored it for 100 days and he still hasn t taken it serious. reporter: even if they would to ....