Fed Share News Today : Breaking News, Live Updates & Top Stories | Vimarsana

well. we have our team here to help us figure it out and how voters might interpret all of these numbers. we have four days left and fresh polling underscoring the edge republicans have on enthusiasm ahead of the final messaging blitz from democrats. hitting the airwaves this morning with four days left until election day. >> thank goodness that the republicans are finally at the table wanting to talk about crime. it's not something that we should only talk about during political season. >> they want a common purpose, a common mission and that's what we're doing. >> we have a stark...

basically on sunday except from this network. it's a big story that's been ignored. we'll go to the white house where the press secretary is likely to get asked about this big headline in "the new york times." should biden run in 2024? democratic whisperers of no start to rise. high level democrats calling the president an anchor that should be cut loose in 2024. >> he's saying he's going to run again in 2024. will you support him? >> if the president has a vision and something that we're willing to entertain and examine when the time comes. >> that's not a yes. >> yeah, i think we s...

To understand why it's as good as it is. but inflation still entrenched, but we have a banking crisis. it's a very tricky point to play a couple of few months from now. everybody might say the fed was so stupid . they never should have raised rates a quarter. didn't they know the banking crisis working out worse? on the other hand, they might be saying, oh, they were so stupid. didn't they know inflation was getting out of control? so i think he did a really good job on sort of, you know, not saying too much, but there's a lot of volatility ahead. sounds like a fun job being fed share. whateve...

Farzad. 260, that's pretty good when it comes to the biden administration and the actions they've taken so far to kind of slow this economy down and specifically the fed share. talk us through what you're seeing this morning. >> the labor market remains the bright spot that tells you we're not in a recession. inflation is the issue. 315,000 was the revised number that we saw of jobs added in the month of september. october coming in at 261,000. a bit slower than that pace we saw earlier in the year. i want to height the real important number that we want to pay attention to and that's that 3.7...

Interest rates too low for too long and now it is being forced to play catch up to rain at all and. usually interest rate hikes happen in percentage point increases. cuts happen fast increases to the borrowing rate, at least in the last decade or so, has been a slow and measured process. but with inflation rising as fast as it is there is pressure on mr powell and his colleagues to get a handle on it which is why the fed share is warning that everyone if deemed necessary to raise rates more quickly by half a percentage point, it will. craig erlam is senior market analyst at oanda. good morning...