Point to 3. 5 . So have those eurozone nations turned a corner on inflation . Joining me now is charles younes, deputy chief Investment Officer at financial Analysis Company fe info. Good to have you with us. Make that link for us. We saw that cut earlier in the week, and it seems as though it backs up that decision they made earlier. Yes, i fully agree with you on that point. The ecb has been very clear, they have been slow in Cutting Rates, and really it is about inflation. So the number given this week confirms that the ecb needs to be very slow in Cutting Rates. It that the ecb needs to be very slow in Cutting Rates. Slow in Cutting Rates. It also suggests slow in Cutting Rates. It also suggests that slow in Cutting Rates. It also suggests that the slow in Cutting Rates. It also suggests that the european | suggests that the European Central Bank had a very different tactic versus the Bank Of England and the us federal reserve. What does it tell about their thinking and whether the
Welcome to Business Today live from new york. Shares are inching higher on Wall Street ahead of the most closely watched meeting of the Us Federal Reserve in years. In just underfive federal reserve in years. In just under five hours time the fed is expected to finally start cutting the cost of borrowing from its two decade high. But how deep are the first could be and with concerns in some quarters about a rapidly weakening us economy, has the fed left it too late . Let s get more from the chief fixed Income Strategist at janney montgomery scott. The big debate here, 25 or a 50 Basis Point Cut. What are you expecting . Basis point cut. What are you petting . Expecting . Its a close call. I think there expecting . Its a close call. I think there is expecting . Its a close call. I think there is relatively think there is relatively little economic impact from one or the other depending on how that decision is made. 0ur Expectation is that the federal reserve will reduce overnight Intere
This is bbc news. The headlines in breaking news, there are reports at least two more Communication Devices used by hezbollah have detonated across lebanons south in the southern suburbs of beirut. It comes after 12 were killed and thousands more injured following the synchronised explosions of Hezbollah Pagers across lebanon on tuesday. Hezbollah blames israel for the attacks and vows to retaliate. Here at bbc verify we have been looking here at bbc verify we have been looking at here at bbc verify we have been looking at the chain of companies involved in the Supoly Companies involved in the supply of the pages which reportedly exploded in lebanon yesterday. Still reeling from an economic and political crisis, Sri Lanka prepares to hold pivotal elections. Somalia, one of the worlds poorest countries, is being hit hard by Climate Change and conflict. Well be speaking to the International Committee Of The Red Cross for more on this. More on all of Those Stories In ust more on all of Th
The Champions League taking place today. Manchester city are opening their European Campaign against inter milan, a repeat of the 2023 final which city won as they completed the treble. Its still goalless at the etihad. No goals in the game between last years runners up Borussia Dortmud who are in belgium to play club brugge, but Liam Scales has put celtic 1 0 up against slovan bratislava. Psg girona still 0 0. Earlier Sparta Prague were 3 0 winners over Rb Salzburg and it was all square between Bolgna And Shaktar donesk. Vivianne miedema scored on her Manchester City debut to help her side to a big lead over Paris Fc in their Champions League second round qualifier. City travelled to paris without Record Goal Scorer Khadija Shaw after they failed to file a visa application. They still won 5 0. Arsenal were beaten by swedish side hecken. Juventus were 3 1 winners against psg. Roma won by the same scoreline against swiss side servette. Two games under way in the English Leaue cup 3rd ro
it s 4:00 in the east. big day of news today. on capitol hill today a brutal collision between reality and delusion, a republican effort to whitewash the ex-president s ties for russia culminating in a veteran prosecutor under oath seemingly unwilling to acknowledge basic facts in service of republican conspiracy theories. just a few weeks after releasing a 300-page report after an investigation that went on for four years, cost the taxpayers $6.5 million, a report the washington post described this way as, quote, landing with a thud resulting in no new charges and none of the widespread abuses trump and his allies have alleged for years now. special counsel john durham testified today before the house judiciary committee. now, despite all those facts durham described his findings sobering and it was left to it democrats on the committee to point out the truth of his own investigation, an investigation that trump and his hand picked attorney general bill barr setup to inves