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Point to 3. 5 . So have those eurozone nations turned a corner on inflation . Joining me now is charles younes, deputy chief Investment Officer at financial Analysis Company fe info. Good to have you with us. Make that link for us. We saw that cut earlier in the week, and it seems as though it backs up that decision they made earlier. Yes, i fully agree with you on that point. The ecb has been very clear, they have been slow in Cutting Rates, and really it is about inflation. So the number given this week confirms that the ecb needs to be very slow in Cutting Rates. It that the ecb needs to be very slow in Cutting Rates. Slow in Cutting Rates. It also suggests slow in Cutting Rates. It also suggests that slow in Cutting Rates. It also suggests that the slow in Cutting Rates. It also suggests that the european | suggests that the European Central Bank had a very different tactic vers ....
The princess of wales returns to work following her Cancer Treatment earlier this year. Hello, im azadeh moshiri. We start with the latest on the electronic Pager Explosions in lebanon. Multiple reports say that israels mossad Spy Agency placed explosives in thousands of hezbollah pagers, before they detonated across lebanon on tuesday. Iran, which backs the armed group, a proscribed Terrorist Organisation by the uk, has described the synchronised explosions as mass murder, in their words, and blamed israel for the attack. So far, Israel Hasnt commented. At least 11 people died and almost 3000 people were wounded. Lebanon says hundreds are in critical condition in hospital. Some are blinded, others lost fingers or required amputation. Hezbollah has blamed i ....
Welcome to Business Today live from new york. Shares are inching higher on Wall Street ahead of the most closely watched meeting of the Us Federal Reserve in years. In just underfive federal reserve in years. In just under five hours time the fed is expected to finally start cutting the cost of borrowing from its two decade high. But how deep are the first could be and with concerns in some quarters about a rapidly weakening us economy, has the fed left it too late . Let s get more from the chief fixed Income Strategist at janney montgomery scott. The big debate here, 25 or a 50 Basis Point Cut. What are you expecting . Basis point cut. What are you petting . Expecting . Its a close call. I think there expecting . Its a close call. I think there is expecting . Its a close call. I think there is relatively think there ....
We have continuing coverage of the story on bbc news. Countdown serve the fed, the us Central Bank is expected to cut Interest Rates in the next couple of hours. The question is by how much. Also ahead, Uk Inflation hold steady in august but as the Bank Of England finally slaying the dragon . And The Party is over for tupperware as the 78 year old firm filed for bankruptcy. We lift the lid on what went wrong. Welcome to business today. We start in the us where the federal reserve is poised to cut the cost of borrowing for the first time in four years. That decision comes in less that three hours. It will come at two oclock eastern time. Americas Central Bank cranked up Interest Rates for the highest in two decades to get soaring inflation under control. Lets take you live to New York and talk to our North America Business corr ....