robert wood, chief uk economist, pantheon macroeconomics. itjoins me now. no change expected today, why not? it joins me now. no change expected today, why not? good mornin: expected today, why not? good morning why expected today, why not? good morning why not? expected today, why not? good morning why not? inflation - expected today, why not? good morning why not? inflation is i morning why not? inflation is just back to the bank of england 2% target for top within that headline inflation, inflation with services, eating out, restaurants, all sorts of household services, going to out to the cinema and so on prices of these things are rising still really quickly. so yesterday we saw they were up 5.7% year on year. with that rate of increase headline inflation is not going to stay at 2% very long. at 296 very long. the next decision at 296 very long. the next decision by at 296 very long. the next decision by the at 296 very long. the next decision by the bank- at
Ships presents coming up for christmas, just another concerning indication where you have inflation, decreasing wages and uncertain stock market making americans wonder if they have to choose between heat and grocery over christmas presents for remainder of the year. todd: in a typical year, fed eshg x and ups try to hire drivers for the busy holiday season because they have so much to ship and fed ex saying we are cutting drivers concerning sign. thank you, we appreciate it. great to be with you. carley: let s go up to space. todd: let s go. carley: nasa launching artemis 3 after two previous delays. liftoff of artemis 1, rise to the moon and beyond. carley: 100 billion launch lighting up the sky sending the capsule on 25-day mission around
Own arrest for getting drunk at his home in arkansas. officers admitting it was a very strange arrest. they let him sober up behind bars before releasing him. he is charged with public intoxication. this crook trading rare coins for a fraction of their worth. 40-year-old shane anthony stealing $33,000 worth of commemorative coins from a friend. he later told palm beach police he sold coins for a few thousand bucks and dropped the rest into a coin star. is he now facing a grand theft charge. wow. katie? katie: the stock market making another historic gain with the dow notching its ninth straight winning week. the longest in 24 years. todd: here with more on what it means for you and your wallet is susan li of fox business network. thanks for being here. i thought we were in a recession in 2019. we heard the r. word. my message this morning it s okay to open your 401(k)s once again in december there were so many jitters people were concerned about the retirement savings.
In riyadh. the stock market is down. you saw, again, the stock market making swings of 1.5 to 4 pishsz percent. what he was coming outs of the president s mouth. these don t complicate things. it s so good to have you on to talk about this. there are many lanes in play but also the issue of oil production. mr. trump has been challenging saudi in the last week not to cut oil production. his view is that lower oil prices are a good thing and the saudis, though, they ve disagreed about that. reporter: this is a dispute, george, that the president had
would this be the famous pivot we have been waiting for? no there will not ab pivot, however i don t think we will tee a american carnage bloom and doom speech because the president owns this carnage and he owns this administration. he has gotten the power he sought and now has responsibilities for the results of what he do than. he frankly has good news. everybody should be prepared to hear the president speak at great length about something he can and should take credit for. we have had some really good academic growth the last three-quarters in 2017 two over percentage of growth which is good for the economy. record low unemployment and stock market making new highs highs. the president will take credit for that and promise it s going to continue. . that is the main message, i think, of the state of the union address and it would be a mistake to downplay that. the policies that he s brought about, the market confidence