the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real gdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the australian economy s holding out well because consumers are still doing quite well, and with the r
todd: biden calling on congress to punish oil companies. the president rails against big oil the same day his adviser is telling the industry more investment is needed. i love your halloween costume. all look like french fry. number one french fry fan with french fries for you. ainsley: so cute. steve: good morning, anna dale terrace, you are looking live at staten island, new york. just across the new york harbor from where we are sitting on mid-atlantic island and a whole bunch of folks greeting rachel campos-duffy great to have you on this november 1st, all saints day. it s my daughter mary s birthday. ainsley: happy birthday, mary, we are glad you were born. steve: thank you, she made it official. brian: one week away from the midterms. next week visiting states across this country to see what voters are thinking before heading to the polls, over of the weekend we found out there were 54 states. so we need to get more. steve: joe biden has been
there s new guidance for health professionals to spot eating disorders after hospital admissions rose by 84% in the last five years. the number of young men affected is higher than ever before. the line up for the queen s platinum jubilee star studded concert has been revealed, and it includes soul legend diana ross. rangers suffer an agonising penalty shootout defeat in their fifth european final as eintracht frankfurt picked up their second europa league trophy. ministers are facing growing calls to bring forward large increases in benefits and the state pension which will be paid from next april. charities want benefits to increase now to help people struggling with the cost of living, particularly energy bills. last night the chancellor rushi sunak warned the next few months will tough as he spoke to business leaders about the rising cost of living. our political correspondent jonathan blake reports. high and getting higher. prices are rising faster than they have for dec
the un warns that global food shortages and mass hunger in poorer countries could follow russia s invasion of ukraine. soul legend diana ross, queen and duran duran are among the star studded line up for the queen s platinum jubilee concert. and, we will meet the couple who have won £181; million on the euro millions lottery. britain s biggest ever lottery win. they go public with a press conference in just over half an hour. hello, and welcome if you re watching in the uk or around the world. ministers are facing growing calls to bring forward large increases in benefits and the state pension which will be paid from next april. charities say they want benefits to increase now to help people. last night the chancellor rushi sunak warned the next few months will tough, as he spoke to business leaders. inflation to business leaders. in the uk has hit a a0 year inflation in the uk has hit a a0 year high of 9%. 0ur political correspondent jonathan blake reports. thank you. high
Terrace diner. jerry is a senior. he says is he thinking about getting another job. it s tough. it s out there and we have to figure out a ways to raise the amount of money we are making. retirement isn t going to cut it. that s for sure. rachel: here is his wife theresa. talk to me how inflation is affecting seniors. it s affecting you when you go to the grocery store. everything is outrageously priced. rachel: a lot of opinions about inflation, about crime. about the military, we re coming back to talk to some more veterans as well. so, more fox & friends coming up right here from staten island.