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Victory, while the Harris Campaign instantly called for a second debate. The debate started with a question on the economy, with Kamala Harris defending her record as Vice President Donald trump left us the worst unemployment since the great depression. Donald trump left us the worst public Health Academic in a century. Donald trump left us the worst attack on our democracy since the civil war. What we have done is clean up Donald Trumps mess. What we have done and i intend to do is build on what we know of the aspirations and hopes of The American people. Donald trump focused on the impact of inflation over the last few years we have had a terrible economy because inflation, which is known as a country buster, it breaks up countries, we have inflation like very few people have ever seen before probably the worst in our nation s history. We were at 21 but it has been generous because many things over 50, 60, has been generous because many things over50, 60,70, has been generous becaus
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
Tonight, the high Stakes Showdown here in philadelphia between Vice President Kamala Harris and former President Donald Trump, their first Face To Face Meeting in this president ial election, their first Face To Face Meeting ever. A historic race for president upended just weeks ago. President biden withdrawing after his last debate. Donald trump, now up against a new opponent. The candidates separated by the smallest of margins, essentially tied in the polls nationally and in the key battlegrounds including right here in pennsylvania. All still very much in play. The abc News President ial debate starts right now. This is an Abc News special. The most consequential moment of this campaign. Kamala harris together, we will chart a new way forward. Donald trump, we will soon be a great nation again. Face to face historic the abc News President ial debate. Here now david Muir And Linsey davis good evening, im david muir, and thank you for joining us for tonights abc News President ial deb