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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240912

Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to Interest Rates off the table, when the fed meets later this month . Instead, itll more like 25 Basis Points cut . Was the fed behind the curve . Well, i think 50 points is off the table, personally, and i may be in the minority in which 25 is off the table. I think its a bit too soon to raise the mission accomplish

Transcripts For BBCNEWS BBC News Now 20240912

In the last few minutes, theyve come Face To face again after that debate Last Night. Pictured standing in line and shaking hands at a memorial in New York to mark 23 years since the 9 11 attacks. As you can see, they were joined the 9 11 attacks. As you can see, They Werejoined by president Joe Biden and the republican Vice President nomineejd vance. I think Michael Bloomberg also standing there between Biden And Mr trump. And we arejust there between Biden And Mr trump. And we are just seeing pictures from The Pentagon and New York and ground zero, where families have been gathering to read out the names and to remember those who lost their lives and were affected in the 9 11 attacks 23 years ago. Brian eugene built her. Mark bingham Brian Eugene built her. Mark bingham. Carl Brian Eugene built her. Mark bingham. Carl vincent. Brian eugene built her. Mark bingham. Carl vincent. And. Brian eugene built her. Mark. Bingham. Carl vincent. And my brother joseph bingham. Carl vincent. And

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