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two big stories we are following, and the minute we are expecting to see the federal reserve will hold interest rates steady for a third time, we will bring you the decision and what this means for your wallet. lawmakers will vote on what are whether to formalize the impeachment inquiry into joe biden. it demands a public hearing, much more on the showdown on capitol hill straight ahead, we are following major developing stories and more coming in to cnn news central. wall street will learn of the federal reserve board will meet expectations by keeping interest rates steady for the third time in a row. they have not reached their target rate for inflation, but the treasury secretary thinks that can happen by the end of next year, analyst don t expect high interest rates to go anywhere, let s get straight to straight business correspondent, the chief economist. what is the fedde decision? we can call it a trend, this is the third straight meeting the federal rese ....
you re probably not easily persuaded to switch mobile providers for your business. but what if we told you it s possible that comcast business mobile can save you up to 75% a year on your wireless bill versus the big three carriers? did we peak your interest? you can get two unlimited lines for just $30 each a month. there are no term contracts or line activation fees. and you can bring your own device. oh, and all on the most reliable 5g mobile network nationwide. wireless that works for you. it s not just possible, it s happening. this is cnn breaking news. this morning a defiance hunter biden showing up on capitol hill saying i m here and willing to testify in a public hearing after being subpoenaed by house lawmakers to testify behind closed doors. hunter says he will not sit for a private deposition. house republicans, they re investigating hunter in order to investigate his father, president biden. part of the impeachment program republicans are pushing aga ....
structurally in decline. you ve got the rise of renewable energy, the fact that electric vehicles are now 50% of sales in china. so that ll be a fundamental challenge to anybody investing in fossil fuels a fundamental challenge to anybody investing in fossilfuels in a fundamental challenge to anybody investing in fossil fuels in the future. this is an industry which is clearly entering into its endgame. renewables are ultimately growing faster than fossil fuels, and that will mean that clean energy will win. now investors have got to act, we ve got to deploy huge amounts of clean energy, we ve got to build up the grid notjust in the uk, but all over the world. it s all about electrifying everything. if we can do that, that ll be the death knell of fossil fuels. marcus correct that market tends to direct the way the market goes. there are more clean energy plants in texas, an oil state, then there are in california because it s economically sensible to do it. but we ve g ....
international monetary fund for the inner statement we heard them say this is going to help, a bold move that would help stabilise the economy and set the basis for more sustainable and private sector led growth. the first group we have seen by the newly appointed economy minister and when mrjavier milei be sworn in as president on sunday. it has been quick. a huge roof. whenjavier milei huge roof. when javier milei came huge roof. whenjavier milei came into office he promised shock measures. he walked around with a chainsaw promising that is going to indicate the spending cuts and tax cuts he was promising. seen as a libertarian and very ultralight leader. this is the first of the measures. other measures announced as they will cut transport and fuel subsidies and cutting any spending by the government on advertising. huge reforms and all of this as part of living up all of this as part of living up to those campaign pledges made byjavier milei. one of the most controv ....
volatile fuel and energy prices and the numbers remain higher things to persistently high housing costs. combating inflation, higher interest rates make it more expensive to borrow money and that is supposed to attempt on spending which should pay runaway prices. president biden prays the data is good news and called on corporations to pass savings on to consumers and press return to normal, that means hoarding interest rates steady and as of the expected to do on wednesday. what investors really want to know is when they think will be time to cut rates and will almost never wait and hope for next year. there will almost have to wait and cut for next year. and china, the economy is calling for the deflation as prices and deepening property crisis, credit ratings agencies been, rivalagencies crisis, credit ratings agencies been, rival agencies fit and also the credit rating of the lawmakers flirted with the default as they wrestled over nation debt limit. chief asia e ....