Point six cut and i think it supports a 25 point cut next week. A ~ ,. Supports a 25 point cut next week. ~ ,. , , week. Markets have been volatile week. Markets have been volatile. Will week. Markets have been volatile. Will an week. Markets have been volatile. Will an interest | week. Markets have been i volatile. Will an interest rate cuts stabilise things? cuts stabilise things? since the beginning cuts stabilise things? since the beginning of cuts stabilise things? since the beginning of this cuts stabilise things? since the beginning of this year | cuts stabilise things? since the beginning of this year i | the beginning of this year i think what it will require is coming a financial market and it needs stabilisation in the us labour market and easing of policy and uncertainty around the us presidential election. Run sweet speaking with me a little earlier. Speaking of the us presidential debate, shares in trump media slumped on us markets. It runs the former president tr
Point cut and i think it supports a 25 point cut next week. Did you see any potential policy shifts at the debate? they had a lot of political rhetoric but not a lot of policy information. We already know were both candidates stand on addressing inflation. We ran a number of scenarios through our models to gauge what the inflationary implications are for each of the candidate policies ranging from trade, immigration, taxes and generally form a president trump would be more inflationary than vice president harris because of the tariffs which are inflationary. On top of that stricter immigration leads to tighter labour markets and stronger nominal wage growth in the united states which by extension would raise inflation a little bit. Not a lot of new information last night, just that the political focuses bringing inflation down but the policies the next few years say otherwise. Markets have been volatile. Will an interest rate cuts stabilise things? since the beginning of this year i |
And that is a source of disappointment but that said, it doesn t confirm fears of an imminent recession, does look like a slow down. I think the stock market particularly as gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you are expecting there? we are looking at 25 basis point cuts and also looking at the inflation which we have shown signals of and it is possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer much needed stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, th
hello and a warm welcome to the programme i m sally bundock. thousands of military personnel have been taking part in the biggest rehearsal so far for king charles coronation this saturday. the rehearsal was held overnight in central london on the route between buckingham palace and westminster abbey. just hours before it got underway a man was arrested outside the palace on suspicion of possession of an offensive weapon. here s our reporter vincent mcaviney. with the coronation just days away london s mammoth security operation was tested at the sovereign s own residence last night stopping the police say a man approached the front gates of buckingham palace at around seven o clock on tuesday evening, throwing what are thought to have been shot cartridges into the grounds. he was quickly detained and found to be carrying a knife for which he was arrested stop he was also carrying what they said was a suspicious bag, so the area was cordoned off and a controlled explosion w
hit the worst of ian. will tampa could be ground zero but we begin with chief meteorologist adam klotz weather center in new york with the latest track. good evening, adam. storm continuing to update in the models maybe moving just a little bit. a powerful storm currently a category 3 lifting up into the gulf of mexico, approaching florida and actually some of those outer bands as you said now stretching across all of the florida keys getting up into the sunshine state. that red polygon that is a toned warned storm typically see on the east side of the storm. tornado watch linger and lift its way up to the north see some of these more isolated tornadoes pop up. we have got plenty of advisories now stretching across the entire state and just in the last hour, the hurricane warnings have been updated now stretching all the way up into orlando as this track has slightly shifted maybe just a little bit to the south and little bit to the east. i will show you that here and we ar