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September. How do you expect that to feed through into InflatIon ExpectatIons and impact the us economy . I think riaht now impact the us economy . I think right now the impact the us economy . I think right now the focus impact the us economy . I think right now the focus is right now the focus is definitely on crude oil. A lot of people are drawing comparisons to what happened when the war in ukraine started. When you take a Look Oil surged Io . With this incident it surged 5 in some of that is because we have us productIon at record highs. Opec was undecided over increasing productIon. This is a moment where investors are trying to get a sense of how are the actual supply disruptIons going to unfold in the coming weeks and months. Right now the market was pretty content that this inflatIon and that trend was going to remain and now they are scratching their heads to see will this ....
Joining me now is satyam panday, Chief Us and Canada Economist at S P global ratings. Satyam, what are the key elements here that youre looking at that mean theres going to be a drag on growth . We are mostly focused on the consumer sector, we are mostly focused on the consumersector, like we are mostly focused on the consumer sector, like you mentioned in your opening statement. We are starting to see some Consumer Caution creep up, see some Consumer Caution creep up, especially given how the Labour Market has moderated, we have also seen the real Income Growth so often, and that means most likely moving forward, the same type of growth coming from Consumer Spending iS Probably going to be softer, and if you think about the Consumer Spending, you have to look a ....
also tonight, the harrowing images in florida. a private passenger jet coming down on i-75, hitting a vehicle on the ground, bursting into flames. we re not going to make the runway. we ve lost both engines. the pilot reporting losing both engines before going down. at least two people killed. victor oquendo standing by. president biden furious over questions raised about his age and memory, and the special counsel s report clearing him of criminal wrongdoing over his handling of classified documents. the president insisting his memory is fine. the white house today trying to control the damage over what is already a campaign issue. mary bruce at the white house. here in new york city, late word on the search for a teenager accused of shooting a tourist inside a store in times square. authorities identifying the alleged shooter, a 15-year-old from venezuela dressed all in white. aaron katersky with new reporting. tracking a new winter storm taking aim at the n ....
and minutes earlier, a 5.7 quake hit just off the big island, followed by several aftershocks. late details just coming in. matt gutman in california. also tonight, the harrowing images in florida. a private passenger jet coming down on i-75, hitting a vehicle on the ground, bursting into flames. we re not going to make the runway. we ve lost both engines. the pilot reporting losing both engines before going down. at least two people killed. victor oquendo standing by. president biden furious over questions raised about his age and memory. and the special counsel s report clearing him of criminal wrongdoing over his handling of classified documents. the president insisting his memory is fine. the white house today trying to control the damage over what is already a campaign issue. mary bruce at the white house. here in new york city, late word on the search for a teenager accused of shooting a tourist inside a store in times square. authorities identifying the ....
can see lots of isobars on the charts driving the showers in. some of the heaviest ones we can expect affecting more southern counties of england, towards the south west and wales and some running of the receipt to north west england. some of the showers will push northwards and eastwards forming bands, some of them heavy and rumbles of thunder. in between, good spells of sunshine and the wind is still a feature. temperature 12 to 15, 16 degrees which is very mild for the time of year. this evening and overnight, showers rattle through on a fairly brisk south westerly as the night wears on the winds will ease down somewhat and the shower activity eases through central and eastern areas. still going across the south on the west and some of them could be quite heavy. temperatures four to 11 degrees. nowhere particularly cold because of the strength of the breeze. on wednesday, probably fewer showers around for much of the country with the low pressure system sitting to th ....