World how good I am hello agaIn and welcome. He Its tIme to break down the bIg storIes wIth some smart people. Today, were askIng as Kamala HarrIs pushes for another Debate And Donald trump says, no, Is he smart to stay away from a second Facetoface Showdown . Ben poIson pIll, republIcans pushIng to fund the government wIth one major addItIon that democrats say Is a solutIon In search of a problem and no soup for you the bIg change comIng to a 155yearold can classIc The Panel Is here and ready to go so sIt back, relax, and lets talk about votIng Is offIcIally underway In the electIon wIth the fIrst Absentee Ballots already maIled out and alabama and early votIng Is set to begIn In several other states In the next few days. Now, were theIr bIg debate behInd them. Both candIdates are In the next phase of the campaIgn lookIng for new ways Kamala HarrIs, mockIng Donald Trumps lack of specIfIcs on replacIng obamacare as she looks to buIld on her BaIt Momentum at 12 or 13yearold survIvor of
I would do fox, too. Id do fox, too. But right now we have to determine whether we want to do it. We had a Great Night Last night. Thats Donald Trump on a possible Debate Rematch with Vice President Kamala Harris. It comes as hes facing criticism from his own party for his performance tuesday night. Well bring you the latest fallout from that consequential showdown. Meanwhile, one of trumps most egregious lies from the debate is now forcing the city of springfield, ohio, to reassure americans that migrants there are not eating pets. Well show you the response from city officials. And then from Capitol Hill, speaker Mike Johnson pulled a Spending Bill off the House Floor hours before lawmakers were supposed to vote on it. Well explain why and what could happen next. Good Morning And Welcome to Way Too Early on this thursday, september 12th. Im jonathan lemire. Thanks for starting your day with us. We have a lot to get to this morning, and well begin with Donald Trumps Debate Performance
Listen to kamala harris. Done before, which is to provide a Tax Cut for billionaires and big corporations which will result in 5 Trillion to americas deficit. Donald trump talked up his economic legacy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has recently been speaking about increasing tariffs on international goods. Lets have a listen. We are doing tariffs on other countries. Other countries after 75 years will pay us back after 75 years will pay us back after all we have done for The World. The tariff will be substantial in some cases. I took in the billions and billions of dollars from china. In fact, then never took the tariff of because it was so much money. We have had a terrible economy because inflation, which is known as a country buster, it breaks up countries, we have inflation like a very few people have ever seen before, public the worst in our nations history. To get both persepectives, Business Today spoke to greg swenson, chairman of Re
Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to Interest Rates off the table, when the fed meets later this month . Instead, itll more like 25 Basis Points cut . Was the fed behind the curve . Well, i think 50 points is off the table, personally, and i may be in the minority in which 25 is off the table. I think its a bit too soon to raise the mission accomplish
Later this month. Lets show you the details. Figures from the us Labor Department Show prices rose at an annual rate of 2. 5 percent in august. Down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a more aggressive 3. 2 percent. Our North America Business correspondent Ritika Gupta is in new york. A cut by the fed has been all but promised by them already at their meeting next week. I guess the only outstanding question is by how much. Indeed, as you mentioned in your introduction overall this was a solid report on information monitoring. Annually at 2. 5 , that is the lowest in three years and that is why you will see the White House touting this as it went for the current administration and for the Election Campaign for Vice President kamala harris, and makes it must certain the federal reserve will cut Interest Rates when it meets next week, but for the markets it is a different story and you see th