Seeing a little bit of a pause. But if you look at the stocks europe 600, a little bit of poor data out there and the prospect of more dovish appointees to the fed. Im also looking at the with the nomination of Christine Lagarde take over the ecb. All of this with euro area june the services pmis, a touch better than i expected. But pmi in general has been disappointing. The u. S. 10 year yield is below 2 at 1. 95. Overall, quite a big move from yields. This is what is coming up on surveillance. Dont miss our interview with loretta melzer talking inflation and treasuries. First, lets get straight to first word news. Waller and judy shelton are present trumps latest nominations to the Federal Reserve board. Of researchrector and was the professor of economics at the university of notre dame. Shelton is an informal adviser to the president and spent decades outside mainstream economics. Her unorthodox views could attract opposition. The Trump Administration abandoned its hardfought battl
February 28th, im amy coveno. We go on the air at this hour virginia. A Police Officer with ties to New Hampshire has been killed in the line of duty. Prince William County officer Ashley Guindon and two other officers were responding to a domesticrelated incident when they arrived at the address. Three officers were shot, guindon died from her injuries. News 9 confirmed Merrimack Police were called upon to notify her family in merrimack of her passing. Officer guindon was just sworn into the Police Department this friday, this was her very first solo shift. The suspect was taken into custody. Well bring you new developments as they happen. Now, lets get a check of the forecast and youre talking another warmup, josh. Josh yes, its certainly going temperatures will be. On the seacoast, a milder start than the last couple of days, were in the 30s, as high as 36 and 37 in some warmer locations. You can see some breaks in the clouds already and youll continue it see that through the day to
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The International Monetary Fund (IMF) in its April 2024 World Economic Outlook (WEO) raised the global growth forecast for 2024 to 3.2 per cent, an improvement from its earlier projections. Global headline inflation is expected to decline from an annual average of 6.8 per cent in 2023 to 5.9 per cent in 2024, and further to 4.5 per cent in 2025, according to IMF estimates.