Extraordinarily elevated due to putin s price hike. bret: they can say putin price hike as many times as they want but the bottom line is they are forecasting a big number tomorrow. above 8%. listen, the fed would not be looking to raise their base rate federal 50 bases point twice as much multiple times if inflation wasn t worse than what they re really saying. i don t get what they have done to make it better. they haven t done much to make it better. read jamie diamond s letter ceo of j.p. morgan all the spending coming out of washington and to the fact that we have problematic inflation. he also reappointed jerome powell who was late on the game with inflation. and you know, listen, i covered the markets. i often cover the doing market and politics and i grew up in this 170s. the party in power during inflation never fares well in
Some exceptions as we see with the u.s. so even sexperts to europe safety and food quality ascenders seem to be a key area of friction that s why there is a still the possibility that the white house may again use to force europe s a hand there s these are would be an impact of for more than forty billion dollars european car experts to the u.s. but also guarantee immediate retaliation from brussels and a scenario we hope does not become to helena our financial correspondent. i thank you jose and happy with tentacles. well electric car maker tester says it s set to slash its full time workforce by seven percent and at the same time ramp up production of its model three sedan in a letter c e o you know musk told employees that tesla had increased hiring in twenty eighteen to meet those production goals the company is under pressure to trim costs and retain profitability tesla also announced on friday that it will