Yeah, because investors initially were speculating about a potential cut in june, then that moved to september, and now the chatter is december. du you see it happening potentially before the end of the year? i think we ll have to wait and see what the numbers look like in the months ahead. but it is interesting that pretty much every time we had a jobs report and for that matter, a lot of the inflation prints as well those expectations get pushed back and pushed back and pushed back in contrast, of course, with what we ve seen in some bove are peer countries, the european central bank recently cut its interest rates because it s more worried about softening than we are. but here in the united states, even the fed itself has pushed back some of those forecasts. so if you have a mortgage or a car payment or for that matter, you have a balance that you re carrying month to month for your credit card? yeah. it would be great for you if interest rate cuts came sooner. but as long as the
Economy continues to be a strong, as it is, and potentially at risk of overheating again, which is really what the fed is worried about. what about inflation reaccelerating you may have to hold off a little longer. catherine or impel always appreciate the analysis. thanks for joining us thank you still had a tribute to the soldiers of d-day, ten members of congress recreating a daring parachute jump over the beaches of france. we re going to speak with congressmen mike waltz, who made the jump when we come back the increase in wildfires is exponential, unpredictable, uncontrollable, with overwhelming the need to do something is urgent to fly with. what we have dry burdex and the at night on cnn if you were moderate to severe crohn s disease or ulcerative colitis symptoms are stopping you in your tracks you still laura from the start and move toward
President biden commemorating the d-day anniversary, the president and first lady jill biden meeting with some veterans on this, the 80th anniversary of the storming of the beaches that helped liberate france and then europe from nazi germany. we ll of course continue to keep an eye on the president and the ceremonies there in france. next up we ll also go live to cnbc for an early look what s driving wall street after the record close on the s&p. plus europe s central bank appears to slash interest rates for the first time in two years. we ll dig into whether the fed could follow suit back home. way too early will be right back. t back home. way too early will be right back
Such stalwarts and then nvidia seems to have come out of nowhere over the last few years having been a computer gaming chip company and now here it is just delivering huge revenue increases and becoming more profitable while it s doing it. so it has been an astonishing ascent. iii so it has been an astonishing ascent. , ., , , ., so it has been an astonishing ascent. , ., ascent. if you combine that, as well, with ascent. if you combine that, as well, with the ascent. if you combine that, as well, with the latest ascent. if you combine that, as well, with the latest data - ascent. if you combine that, as well, with the latest data out l well, with the latest data out of the us about the jobs market, etc, that is kind of fuelling this expectation that the fed will be able to make its move soon in terms of cutting interest rates. yeah, the obs cutting interest rates. yeah, the jobs market, cutting interest rates. yeah, the jobs market, we - cutting interest rates. yeah, the jobs market, we have i cutting interest rates. yeah, i the jobs market, we have some thejobs market, we have some information yesterday showing that the number of openings to the number perjob was actually not quite the as strong as expected so the market got a bit keener that the fed might be putting rates. it is a different picture than the beginning of the year because the economy has stayed so much stronger. it looks like markets
In the meantime those housing costs are climbing. the median monthly payment right now almost $2900. the realtors here hope the fed will cut interest rates to bring some type of relief. it s not clear that will happen. some experts say even if they did cut rates home prices may not fall because there is so much pent-up demand. it doesn t seem there is much relief in sight right now. bill: it will be a really interesting economic story for so many. thanks, lydia. dana: that s an issue and a question you would expect the presidents in the debate. we re marking the 80th anniversary of d-day. a special occasion. ronald reagan gave a beautiful speech that many remember written by peggy noonan. we have a little bit to play for you here. they climbed, shot back and healed their footing. soon one-by-one the rangers pulled themselves over the top and in seizing the firm land at