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Lisa abramowicz and Annmarie Hordern i am Jonathan Ferro. Your equity market positive. 4 . We will proceed carefully just like this Federal Reserve ahead of cpi. Lisa proceed carefully although i do dont know i do not know where the bias is in markets. Yesterday everybody seemed to disregard ppi and we got a rally in bonds regardless. How is this leveraged because people want to have a bond rally . Jonathan what a turnaround over the last two sessions. We have dropped back in two sessions. To see the 10 year lisa kathy jones put it well. There is something technical going on. I keep going back to what it means for broader markets and an understanding of what this market is. It is the deepest most liquid market in the world and it is whip sawing around by 20 basis points, 30 basis points more in a couple trading sessio ....
From new york, heres the bbc s north America Business correspondent, michelle fleury. Stubborn inflation pushes back the timing of the first rate cut. The Us Federal Reserve voted to keep its Benchmark Lending Rate at a 23 year high on wednesday. Officials have said they want more certainty that inflation is under control before they Lower Borrowing costs. They do not have that yet. Here is chair, jerome powell, during his press conference. The economy has made considerable progress towards our dual mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in b ....
Stellantis Park Distribution Center warren, michigan. We expect to find out within two hours whether significant progress or whether it is going to and an fox business is told by source familiar with the negotiations that the talks are quote very active, and that everything is on the table. Stellantis uaw apparently made counter proposal to stellantis progress . Possible we dont often hear from uaw president fain but we will this morning at ten a. M. On facebook live, we know what happened last week, he said there it was enough progress announced strikes against stellantis and gm additional ones nonagainst ford believed props ford is continuing to make progress, both sides on negative side have been trading charges about violence on picket lines. Confrontation yesterday at plant that we were at truck trying to get in tried to run through picket line, caused quite a bit of a kerfuffle, police came in trucker was allowed t ....
Maria good friday morning, everybody. Thanks very much for joining us this friday. Hope youre having a good morning. Im maria bartiromo. It is friday, september 29. 7 00 a. M. On the east coast. Time for the hot topic of the hour. Gop president ial candidate nikki haley called out the Biden Administration for making the United States more dependent on china, she said so during the second primary debate wednesday. Watch this. You have a company, u. S. Antibiotics that produces a pox amoxicillin and theres a company in bristol, tennessee that produces that yet our federal government only gets it from china. We need to focus on companies that produce in america and supporting those companies that produce in america. Not companies that are helping china. Maria so the u. S. Importing nearly 7 billion worth of drugs from china in 2022. That number is up from 820 million just a ....
his day job, as hunter biden awaits his sentencing. and another trial in a separate case. plus, house republicans barrelling toward a vote to hold attorney general merrick garland in contempt of congress, do they have the votes? then the secretary of state in the middle east, what he just revealed about the new demands from hamas. and a high speed bus hijacking during atlanta s rush hour, the wild scene caught on camera. good morning, thank you so much for joining us. it is 10:00 eastern. i m ana cabrera reporting from new york, and we begin with an unprecedented moment for a sitting president responding to the guilty verdict of his child. president biden making a last-minute trip to wilmington, delaware, last night to support his son hunter before traveling overseas this morning on another high stakes diplomatic visit. the president says he will respect the legal process, as hunter biden now braces for his sentence in this case and prepares to return to co ....