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if you want a mortgage, car loan. dana: if you want to start a business. whatever loans you re going to go get, it will be cheaper now. dana: i want to bring in mitch rochelle at price water house coopers. this idea of the independence of the fed. president trump tweeted on monday the united states, because of the federal reserve, is paying a much higher interest rate than other competing countries. they can believe how lucky they are that the fed don t have a clue. now on top of it all, the oil hit. big interest rate drop, stimulus. how much of this do you think is on the merits, this drop, this cut, and how much is it because the president is saying we need to do something? i think it s merits, dana. the reality is our economy is, in fact, strong, and other economies are not. our currency is getting out of whack relative to other countries. part of it is to try to fix the balance between where our interest rates are and where the rest of the world is. also, since we re in the
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the amended bill now has to go back to the house of commons. that could push back the march 31st deadline to trigger article 50, the formal start of the brexit process. well, the accountants blamed for the stunning oscars mix-up won t be handing out academy awards envelopes in the future. brian cull nan and martha ruiz will no longer work the ceremony, but they will keep their jobs at price water house coopers, the firm that manages the award ballots. they gave the wrong envelope to the presenters and la la land was mistakenly named best picture. it s still a mystery how the cards were mixed up, and why it took more than two minutes to fix the mistake and declare moonlight the actual winner. such a public mistake, isn t it? we were covering it, and you know, what do you do? it was cringe worthy. very. and we re still talking about, right?
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about election results. i keep going to sleep at half-time and missing these things, like the super bowl and election night. i ll call and wake you up. price waters house coopers says we apologize for the error made during the award announcement for best picture. the presenters had been given the wrong category envelope and when discovered it was immediately corrected. should have been an accountant with handcuffs on a suitcase. we deeply regret that this occurred. i bet they do. they lose the contract? i don t think so. they ve been doing this for 83 years. one out of 83 you ladd one job that s true. that s true. nischelle, despite this being
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