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NEW YORK, Aug 9 — Euro zone bond yields steadied today as markets sought direction on the eve of a critical US inflation print, while traders raised their bets on the European...
High do you think it might go? -ii it's really interesting because it depends on a lot of unknown factors, namely geopolitical tensions in the war in ukraine which has sharply risen commodity prices, oil and gas as well as soft commodities like wheat. the bank of england is saying inflation will break above 11% by october and the resolution foundation are saying it could top 15% next year. what we know is that inflation is on the rise and interest rates are set to rise as well. notjust today but interest rates are set to rise as well. not just today but we interest rates are set to rise as wel...
People are going to wake up and like, whoa, what happened? s give me an example. you mentioned the new home sales, the average price of in april was five hundred sixty nine thousand last month. .was four hundredwo fifty six thousand in two months it lost one hundred thousand in value. think about that for a moment. what have you bought a new house two monthso mo go and youe already a hundred thousand dollars in the hole. $100,000 i almost every single day. so when i'm looking at this data, you know, and everyda is not just that these data points are missing wall street consensus coming down at...
Have -- >> todd: that wasn't just a moment, he annihilated that bore, carley. that was majorly at level. >> carley: it really was! like i said, is going to be assured it is money to cover got to talk about that and so much more. we do have some serious news to get to, including this. we are awaiting the release of a potentially devastating economic report that could reveal we are in a recession record numbers coming up today. >> todd: comes as senator joe manchin reverses course and agrees to support another massive democrat spending bill. from washington as well. good morning. >> good money, ...
The fed is expected to raise interest rates by .75%. is 75 the basis point we're looking for? if so, what are the implications of the fed doing that again just a few weeks after they did it. >> i think that's what we are going to see. i don't want to say it's a goldy locks number but people are going to think something much worse is in the offing if it's higher and if it's lower, people are going to think the doctor is not prescribing enough medicine. the more important piece is not the 75 basis points, the more important component is going to be what jay powell says about what he's thinking a...