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July 7, 2024
with what economists are expecting for the latest inflation figures that they will likely show that inflation went up slightly month over month, but it will drop year over year. numbers like that would be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. well, the us central bank started hiking rates aggressively last year. authorities have hiked rates ten times — marking the fastest tightening cycle since the 1980s. expectations ...
July 7, 2024
watched metric because if consumers believe inflation will fall they will already adjust their spending patterns in anticipation of what is to come. those consumer expectations happened to jibe pretty closely with what economists expect for the latest inflation figures. they will likely show that inflation went up slightly month over month but it will drop year over year. month but it will drop year overyear. numbers month but it will drop year over year. numbers like that will be enco...
July 7, 2024
to go above 30,000. japan has just released growth figures. asias second—biggest economy grew 1.6% on annualised rate, much better than what had been predicted. i spoke to neil newman from macquarie capital. we have been closely watching wage growth, the wage number, which hasnt really filtered through into anything visible as yet. the gdp number certainly does indicate there is a large amount of the domestic economy now contributing to this. as you mentioned cap ex, business spendin...
July 7, 2024
second—biggest economy grew 1.6% on annualised rate, much better than what had been predicting, thanks to private consumption and an unexpected rise in capital expenditure. lets bring in neil newman from the quarry capital who joins us live from tokyo. thank you for joining us. the data has come out a lot stronger than expected, talk us through whats been doing quite well. this is a very big and positive surprise. we have been closely watching wage growth, the wage number, which hasn...
July 7, 2024
cultural and economic fallout. we have new information on that terrifying shooting at a missouri high school and how it could have been even more tragic when a 19-year-old stormed in with a long gun and hundreds of rounds of many ain admmunition. plus its crunch time in the midterm campaign, two weeks to go, and warning signs of piling up for democrats as key races tighten, including one that do determine who holds the senate. tonight the nation will be watching as democrat john fe...
July 7, 2024
welcome to "morning joe." its wednesday, september 14th. a lot to cover this morning with joe, willie and me. u.s. stocks tumble as consumer prices continue to rise as president biden celebrated the inflation reduction act. yesterday at the white house. well look at the next possible steps to help bring down costs for americans. plus, russian forces in retreat as ukraine keeps up the pressure. is this a turning point in the war? president biden says its hard to tell. queen elizabet...
July 7, 2024
good morning to viewers here in the u.s. and all around the world, it is monday, july 4th, and the independence day celebrations kicking off early in some cities. this is video from milwaukees waterfront where thousands gathered to catch a spectacular fireworks show, just beautiful there. the mood was not so festive at americas airports, though, flights canceled, passengers stranded. if you are flying holiday weekend chances are you are not having a happy 4th and feeling anything but i...
July 7, 2024
on what came of this meeting and whether the president did all he said he would do. jacqui heinrich in jeddah with more. jacqui? >> hi, neil. this controversial fist bump has drawn condemnation from across the political spectrum, across the media, "the washington post" publishers condemning it and saying it gave mbs basically the approval that he had so desperately been seeking from bidens visit. the president holding that press conference and affirming that he did bring up jamal khais...
July 7, 2024
pences life in danger during the capitol riot when he refused to go along. >> approximately 40 feet. thats all there was. 40 feet between the vice president and the mob. >> ill talk to one of the committee members, democratic congressman jamie raskin of maryland. plus, the economy. prices everywhere going up. >> everyone had it up to here really. >> interest rates too. >> were strongly committed to bringing inflation back down. >> leading to a sinking stock market. >> this week was b...
July 3, 2024
Today President Biden will address the nation in a prime time speech from the oval office on the Foreign Policy behind israel and ukraine. Hes denying a report that our military would join Israels Defense Force if iran enters the conflict. And hamas fired a rocket at the hospital in gaza, hundreds of pro Palestinian Protesters demanding a middle east cease fire. We are following all the developments all morning long. Markets are mixed as Interest Rates spike, dow industrials down a fraction, nas...