If you go back to say 2013 and consider the until this year, the reasons why inflation was low are not hard to understand its a combination of slack in the labor market, declines in Energy Prices and strong dollar that pulled down import price inflation. So, whats important in determining inflation Going Forward is Inflation Expectations by some by many of professional forecasters those have been rock solid we do also look at Household Expectations which have come down some. Marketbased measures of inflation compensation as we mentioned in the statement, they have declined, and they have been snabl recent months, but they have declined to levels that are low by historical standards. That might suggest that Inflation Expectations have come down, but, when cant get at clear read, there are risk built in to inflation compensation that make it impossible to extract directly with Inflation Expectations are so, you know, there is a miss this year. I cant say i can easily point to a sufficien
Newsday. Good morning. Its 7am in singapore, midnight in london and 2am in yemen, where, according to the United Nations, a catastrophe is unfolding. The country is struggling with the worlds worst cholera epidemic, and the looming threat of famine. Un Officials Say yemen has been brought to its knees by more than two years of war between Houthi Rebels and a saudi led coalition. Our correspondent orla guerin has gained rare access to the Southern Port City Of Aden and sent this report. We cross the red sea to reach yemen, past the sunken wreckage of a hidden war. This was the only way to the port city of aden. The saudi led coalition, bombing the country, grounded the un plane due to fly us in. This is the kind of suffering they dont want the world to see. Rassam is 11. He is one of many children wasting away across the country. Since the war, Malnutrition Rates have soared. Hunger is menacing this nation, from the very old. To the very young. Like hussain. His mother showed us how he
Newsday. Good morning. Its 7am in singapore, midnight in london and 2am in yemen, where, according to the United Nations, a catastrophe is unfolding. The country is struggling with the worlds worst cholera epidemic, and the looming threat of famine. Un Officials Say yemen has been brought to its knees by more than two years of war between Houthi Rebels and a saudi led coalition. Our correspondent orla guerin has gained rare access to the Southern Port City Of Aden and sent this report. We cross the red sea to reach yemen, past the sunken wreckage of a hidden war. This was the only way to the port city of aden. The saudi led coalition, bombing the country, grounded the un plane due to fly us in. This is the kind of suffering they dont want the world to see. Rassam is 11. He is one of many children wasting away across the country. Since the war, Malnutrition Rates have soared. Hunger is menacing this nation, from the very old. To the very young. Like hussain. His mother showed us how he
Its 8 00am in singapore, 1 00am in london and 3 00am in yemen, where according to the United Nations a catastrophe is unfolding. The country is struggling with the worlds worst cholera epidemic, and the looming threat of famine. Un Officials Say yemen has been brought to its knees by more than two years of war between Houthi Rebels and a saudi led coalition. Our correspondent orla guerin has gained rare access to the Southern Port City Of Aden and sent this report. We cross the red sea to reach yemen, past the sunken wreckage of a hidden war. This was the only way to the port city of aden. The saudi led coalition, bombing the country, grounded the un plane due to fly us in. This is the kind of suffering they dont want the world to see. Rassam is 11. He is one of many children wasting away across the country. Since the war, Malnutrition Rates have soared. Hunger is menacing this nation, from the very old. To the very young. Like hussain. His mother showed us how he fights for every brea
Venezuelas government bans protests after clashes and deaths during a twoday nationwide strike. Opponents of president maduro have been protesting against an oncoming vote on plans to rewrite the constitution. We will go live to caracas. Brent its good to have you with us. Tonight a newborn for the german car industry, and another allegation of cheating and ripping off the customer. This time its porsche, the German Transport Ministry has announced a recall of the Luxury Brands suvs after questionable omissions Controlling Software was found in models with 3liter diesel engines. The recall will affect 22,000 vehicles in europe. Those vehicles will lose their certification until they get a Software Update. Reporter porsche knocked off its pedestal. Until now the luxury brand remained relatively unscathed and the admissions scandal. The latest revelation that it installed chief software in its cayenne model prompted a tough response from germanys transport minister. We are demanding that