Becausejerome Powell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

and are earning more than ever before. let's start with oil prices, because they've risen some 20% over the past three weeks. this time last week, prices surged after the oil cartel, opec +, decided it would reduce its combined output by 1.1 million barrels per day. crude prices climbed after the cartel�*s announcement, but later in the week they steadied, following the latest us and chinese economic data which suggested weaker post—pandemic growth. so where are we headed? russ mould, investment research director at aj bell joins me now. i'm very excited about this. you are down ...

we begin with the cost of energy and steps being taken across europe to prepare for winter. germany is keen to push forward in reducing its dependence on russian gas supplies as concerns continue over whether russia could completely shut down gas flows into europe. germany's chancellor olaf scholz is in canada and has just signed a deal to form hydrogen supply chains with canada. this is seen as a positive step forward but it does not offer an instant fix as it will take some time to get the right infrastructure in place. to talk us through what's at stake. i'm joined by nathan piper...

to early for speculation. earlier i put that to victoria scholar is head of investment at interactive investor. the uk money markets, they are anticipating rate cuts next year but not untiljune, that is when the first rate cut is pencilled in. that was actually pushed back after today's decision, from the previous estimation that the bank of england would cut rates in may. financial markets are pricing in a one percentage point move of rate cuts in 2024, that would get down to 4.25% from where it is now. but the governor was a lot more cautious than the markets, he says the markets h...

50 positive and it looks like it will be 60, slightly lower than last time but generally encouraging so i think we will see some positive figures this week but fingers crossed, these are small figures and it could move either way.— move either way. people are talkin: move either way. people are talking about _ move either way. people are talking about the _ move either way. people are talking about the fact - move either way. people are talking about the fact that i talking about the fact that this swift action on the part of the fed, i.e., lots of interest rate increases back to back, the l...