It seems like investors were bracing for a more hawkish fed. We got a fed that downplayed that the move would be imminently a rate hike. Also the shrinking of the Balance Sheets to ease pressure on money markets. Yet powell also signaled that while keeping the cuts on the table, they might not come so soon, especially given how he sees inflation in the country. Have a listen. In recent months, inflation has shown a lack of further progress toward over 2 objective and we remain highly attentive to inflation risks. Avril lack of progress on inflation, that is the highlight. Thats why perhaps we are not seeing that much convincing moves to the upside. The kospi is down. Nikkei futures pointing to a slight gain when markets return to the lunch break. The focus has really been on the hong kong stocks. Quite a rally. A well beating rally despite the crucial pillar of support today, mainland investors. Of course, china is shot. A lot of the upside we are seeing might be thanks to what investo
Way. Todays can be one of those days where it can be beautiful outside. Its still a great day and nonetheless. We are tracking some patchy fog. Heres a look at the visibility. Its relatively clear everywhere else. Also tracking temperatures this morning in spots in school. The low 40s in spots. Across the north bay in the mix of upper 40s to low 50s. I want to turn to the wide view here. Its still a greatlooking day. They have those temperatures hanging out. Half of the bay area will be in the 60s the other half will be in the 70s. Its if you less low 70s. We will break it down and more details. We are starting off the spot free. So far its looking good at the limits in both directions. This is your key that it was going to be a good ride so far. Its very quiet coming through. It will be a great ride all the way across. I am tracking your commute through the oakland maze. They get to the east. Will get to the vapors. The bay bridge. They hope to wrap it up soon. You want to merge on ea
Bill conor powell is with us in pakistan. Reporter businesses are closed, restaurants. In islamabad, the capital of pakistan, heavy security across the city because there are fears there will be more attacks, a bigger presence of police. In la wh lahor, a gentleman hasn responsibility for this attack. Taliban offshoot that pledged support for isis a yehalf ago. They specifically target christians as they did in this attack sunday. The attack didnt take part in a church, but in a park. This attack killed at least 14 christians. It lit a broad swath of the lahor community. They say they will target christians because of their faith. Its a strict Extremist Group in pakistan. Bill less than 2 of the people in that country are christian. How is the government responding. Reporter it cracked down on militants and has been somewhat successful. But its not nearly done what its supposed to do because the Pakistani Military continues to target what they see as the bad militants. Instead of going
Hurt donald trump. I neededed to switch parties. Im tired of being blamed for all of the things that people dont want to get off their butt and do a job. Donald trump has been in real estate for quite a few years. Disrupted the system. Saying from his heart. Equivalent to third grade recess. Were going to learn 1 bet between him and another rich guy. Nobody i know is voting. They think [ bleep ]. When donald trump joined we decided we werent going to vote because its [ bleep ]. Well get to that panel later. They had a lot to say. First, heres why my home state might be responsible for delivering the nam nation to donald trump or thwarting the gop frontrunner. Its got a unique delegate system that, no matter who wins on tuesday, keeps 54 of its 71 delegates in play. And this is crucial to donald trump. With 15 contests left, he has 846 delegates. He needs to get to 1,237 to clinch the nomination. There are 674 remaining in play. According to cnns number crunchers, if he continues at his