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Numbers. Consumers are showing up and helping. The markets are counting on the fed cutting. Yelena the fed told us they want to see the whites of the eyes and chair powell said it is too premature. I think of the economy will hold up just fine, that is what we see in the data you just mentioned. Consumer spending is showing us it is ok. Then we are seeing the fed will remain on hold. Having said that, i think it will be markets that will determine what happens next. We do expect a couple of cuts at the december meeting. We will have to wait to see that. Marketsket david are waiting with bated ...

July is here. The fomc has signaled rate cuts may be coming. Clevelands fed president shares exclusive insights on the policy outlook. I think the fed funds rate is about at neutral right now. Plus, expert perspective on what is ahead for the global economy. I think the market is getting a little bit greedy in terms of rate cuts. It is all straight ahead on bloomberg best. Viviana hello and welcome. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. The week began on a note of optimism after presi...

Good morning and welcome to Worldwide Exchange. Im dominic chu. This morning futures are pointing to what looks like a lower open on wall street following back to back losses for all of the major indices. Russell 2000 coming off its worst day in two weeks now down more than 10 for those small caps from its recent 52 week high. And as you can see here, dow opened down about 118 points if the future losses carried through into the opening bell for regular 2r5idin trading. Nasdaq off by about 55 bond market still a focus. Around 2. 07 the two year treasury note yield covering right around 1. 91 a...

Fraud claims with police and regulators the Indian Central Bank says they discovered that nearly all of their half 1000000000. 00 loan to shawn was diverted after taking a closer closer look at the bar was books in the wake of the seans bankruptcy p. N. P. Has been under scrutiny for lax in london since seeming to lose nearly 2000000000. 00 the bank lent to the companies of the fugitive financier and former celebrity jeweler miramonte and mr modis uncle. Bank begins its a radical overhaul on monday as it exits its Investment Banking and Trading Operations and lets go 20 percent of its workforc...

The president accusing Prime Minister theresa may of making a mess of brexit. He said the u. K. Will have a new Prime Minister soon, good news. In the markets, we are seeing risk off attitude. You want to buy the dollar. Equity futures down. 4 . Semis could get particularly hard. The chip guys have three months of inventory stacked up. Yields going nowhere in the u. S. Oil a bit firmer. You have some iran conflict there, the military playing hardball with bp. Altogether, it is a by dollar story, sell u. S. Equities buy dollar story, sell u. S. Equities. We are joined by Lisa Abramowicz and mic...