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Transcripts For CNBC Power Lunch 20240713

Points right now down more than 900 following yesterdays huge lerelief rally and that fear bleegd into the bond market. The ten year yield hitting a fresh record low breaking below 0. 9 . Thats a staggering move right now, at 0. 928, but it was lower than that earlier, we now have about 177 cases of coronavirus in the United States as the cdc begins to roll out more testing across the country. Washington state dealing with the largest outbreak so far. Cases doubling in new york well tell you how bad things could get as power lunch begins right now thanks, ty and im kelly evans. Were all over this virus volatility today our Team Coverage of this market sell off rolls on as coronavirus grip wall street once again. Bob pisani is track iing the action at the nyse for us. Rick santelli watching these amazing moves in the bond market meg with the latest on the outbreak and Steve Liesman digging into a potential credit crunch coming for corporate america. Bob, we start with you the debate has

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Transcripts For BBCNEWS Business 20240703

A Managing Directorfrom the carnegie council. Thanks forjoining us. What you make of those comments from the Federal Reserve governor . What do you. It is from the Federal Reserve governor . What do vow what do you. It is a reasonable statement what do you. It is a reasonable statement. Based what do you. It is a reasonable statement. Based on what do you. It is a reasonable statement. Based on economic i statement. Based on economic projections, it turns out that it is always surprising, so the rush to cut rates is probably not as necessary and it may actually derail the progress we have made towards inflation and the secret here is that the Balance Sheet for the fed is likely to take a huge part in how rates behave in the second half of the year. Even though we expect rate cut delays, the Balance Sheet run off stemming quite a bit here is going to be the major story for the second half. Going to be the maor story for the scene half. Going to be the maor story for the scono half. Seco

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Dollar Stores Converging with Traditional Grocery and Mass Retail, New ChaseDesign Survey Reveals

Dollar Stores Converging with Traditional Grocery and Mass Retail, New ChaseDesign Survey Reveals
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