A policy decision out of the bank of korea staying on hold as expected. Surveyed that we stated that the bank of korea would stay on hold at 1. 5 . Who succeedsas to the governor as this was his last decision as the governor of the bank of korea. There has not been a lot of consensus over who replaces him or if he gets reappointed. Take a look at this chart. This is the conundrum they are facing. We had the rate rise in november. Export growth is also coming in a little bit weaker in terms of that last read that we had. Debt is oneath of the conundrums that bank of korea is facing. Banks, aany central fine balancing act. It is largely down to the fed. Take a look at the market reaction. Lets go over to sophie. Sophie you have text talks global stocks are rallying. Stocks in tokyo are rising. Have all of these stocks rising for a fifth straight day. Morgan stanley cannot a report saying that lithium prices will peak this year and have by 2021. An eye on keeping chinese lithium stocks at
Korea. He sat down with Gold Medalist chloe kim. That conversation is am coulding up in just a few minutes so stay tuned. Thats going to be super fun. All right. Now to the extreme market volatility less funneled which has been a global phenomenon as well for more on whats happening here and abroad, were joined by stephen roach, former morgue an stanley asia chairman, Yale University senior fellow he warned in december that global economies may not be as resill yen resill yent as once thought. We didnt plenmention that you also an economistist what do you think of the Interest Rates spa spooked the markets. Are they going to go higher or what is your prediction . Well, i think the Federal Reserve is clearly got its antenna up, michelle, given not just one data point on inflation but the fact that the economy has a fair amount of momentum at full employment and lo and behold were doing a lot of deficit spending at the same time which is not exactly the recipe for stable inflation going
Who killed cecil the lion and the guide expresses remorse but calls the charges against him crazy. One year to rio, the open ceremony exactly 12 months away, natalie is on cope pa ka ban na beach. Today, wednesday, august 5th, 2015. From nbc news, this is today, with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. Good morning, welcome to today on a wednesday morning, one year from today well be saying good morning d. , thats two years of the college portuguese. It will go by in a flash. Well tell you more about that later on. Well start with the top story, the field of ten now set for tomorrow nights highly anticipated republican debate. This morning it leaves one candidate not be on the big stage is slamming that process. Peter alexander is in cleveland. Good morning. Reporter hi, matt, good morning to you. Youve got the main event in prime time tomorrow night, the under card hour earlier. One candidate put on the earlier ticket is calling the entire proces
Against him crazy. And one year to rio. The Opening Ceremony of the 2016 Olympic Games 12 months away. Natalie has the preparations. We are throwing an olympicsized celebration on the plaza. Today, wednesday, august 5, 2015. [ cheers and applause ] good morning. Welcome to today on a wednesday morning. One year from today well be saying [ speaking in a Foreign Language ] thats how you pronounce it . Two years of college portuguese. It will go by in a flash. On this wednesday morning lets start with the top story. The field of ten set for tomorrow nights highly anticipated republican debate. This morning at least one candidate who will not be on the big stage is slamming the process. Nbc National Correspondent Peter Alexander is in cleveland. Good morning. Reporter hey, matt. Good morning to you. The republican contenders are converging on cleveland. We have the main event in primetime tomorrow. The undercard hours earlier. One candidate is already calling the process preposterous. John
Committee for what he called an incredibly flawed Selection Process adding they should not be picking winners and lose rs. Also, Rick Perry Donald trumps candidacy is a cancer on conservativism. And lindsey graham. Stop being a jackass. Reporter tomorrow night jeb bush will be asked about Womens Health programs after he reiterated the plan to defund planned parenthood. Im not sure we need half a billion dollars for Womens Health issues. I can assure you 500 million wont go to planned parenthood. Reporter Hillary Clinton pounced. He has no problem giving away billions to super corporations and the wealthy but Womens Health isnt a priority for him. Reporter bush said he misspoke adding he favors providing womens Critical Health Care Services but said federal money should not be spent on planned parenthood. Also bush released his Financial Disclosure forms and while hes not a billionaire like donald trump his net worth is estimated between 19 million and 22 million. Savannah . Peter, than