Stronger than i think everyone expected. And so what youre seeing is this is what people believe, as of now, will be appropriate to achieve what were looking to achieve, which is progress toward our inflation goal. Central bankers now project higher growth and lower unemployment for next year. Central bankers now project higher growth and lower unemployment for next year. If theyre right, the us will have avoided a long feared recession. The decision gives policy makers more time to assess whether theyve done enough over the last 18 months to tame inflation. Remember, the fed began lifting Interest Rates from near zero back in march 2022. Central banks here in asia keep a close tab on the fed because us Interest Rates strongly influence Exchange Rates against the dollar. Fred newman covers economies in asia extensively for the banking giant, hsbc, and he says that the impact of us Monetary Policy on the rest of the world is not a primary concern for the fed. Well, its a little bit our
Fed Chairjerome Powell explained why central bankers were moving towards Holding Rates Higherfor longer. Economic rates higher for longer. Economic Activity Rates higherfor longer. Economic activity has been stronger than we expected, stronger than we expected, stronger than we expected, stronger than i think everyone expected. And so what youre seeing is this is what people believe, as of now, will be appropriate to achieve what were looking to achieve, which is progress toward our inflation goal. Central bankers now project higher growth and lower unemployment for next year. If theyre right, the us will have avoided a long feared avoided a long fea red recession. Avoided a long feared recession. The decision gives policy makers more time to assess whether theyve done enough over the last 18 months to tame inflation. Remember, the fed began lifting Interest Rates from near zero back in march 2022. Central banks here in asia keep a close tab on the fed because us Interest Rates strongl
Fellow florida in florida head to tallahassee. This as also make the move to ban gun devices like the rapidfire bump stocks used in last years massacre in las vegas. The french government steps up its plan to control immigration today, introducing new measures for the ministrys council. It will speed of asylum applications and makes it easier to deport people. This hour, who is afraid of Artificial Intelligence . The hugeort highlights risks posed by this rapidly developing technology. We will have the details in our business update. And the latest in our focus on poland series this week. View onage citizens the wave of nationalism that is growing across the country. First, though, our top story live from paris. Genie we start first and Eastern Ghouta, the suburb just outside the syrian capital of damascus. That area held by rebels has been pounded by those russian and syrian airstrikes with devastating consequences. At least 250 people have been killed in two full days of bombings, wi
Public, and that does put the hardliners in a tougher spot. Mr. Gutman on the hardliners they really are the losers in this whole deal. They are being disempowered. All the people, also, who have been engaged in smuggling this is probably pretty big lobby are going to be hurting. You have official trade, and they have no real role. We shouldnt underestimate the role of the hardliners being dealt a bad hand, but we shouldnt overestimate the ability of the others to change things. It is a very dynamic discussion they have in iran. The nuclear deal there are issues that everybody understands have to be worked out. Is the iranian government going to manage overseas operations of the revolutionary guard, or will it report to the Supreme Leader . How can you have these two parallel tracks . We know where the hardliners come down on this decision. I would not expect any immediate answer. Mr. Serwer let me conclude by noting that there is a solar lining of sorts. That is think about where we w
Do expect some slowdowns a little earlier than usual. 35 minute ride between 205 and 680. Speaking of 680 weve had road work every night this week on southbound 680 between monument and red gear, and its there again. Right now its down to just one lane open for traffic to get through that stretch, and you can see your cruising speed through that area is about 5 Miles Per Hour, so definitely give yourself extra time this morning. Right now were tracking a travel time of 24 minutes between willow pass road and highway 24. That is a check of your traffic. Back over to you. Thank you. In San Francisco, authorities are trying to figure out the circumstances behind a womans deadly fall at the scenic cliff. It happened yesterday afternoon. Kpixs betty yu spoke with fire and police about the accident. This is the hang gliding viewing area. Theres a barrier here for safety. Authorities tell us that this young woman was standing on the cliff you see behind me in the distance when she took that f