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BBCNEWS Business Today - NYSE Opening Bell September 12, 2024

Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to Interest Rates off the table, when the fed meets later this month . Instead, itll mo ....

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BBCNEWS BBC News Now September 12, 2024

In the last few minutes, theyve come Face To face again after that debate Last Night. Pictured standing in line and shaking hands at a memorial in New York to mark 23 years since the 9 11 attacks. As you can see, they were joined the 9 11 attacks. As you can see, They Werejoined by president Joe Biden and the republican Vice President nomineejd vance. I think Michael Bloomberg also standing there between Biden And Mr trump. And we arejust there between Biden And Mr trump. And we are just seeing pictures from The Pentagon and New York and ground zero, where families have been gathering to read out the names and to remember those who lost their lives and were affected in the 9 11 attacks 23 years ago. Brian eugene built her ....

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BBCNEWS Business Today September 12, 2024

Later this month. Lets show you the details. Figures from the us Labor Department Show prices rose at an annual rate of 2. 5 percent in august. Down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a more aggressive 3. 2 percent. Our North America Business correspondent Ritika Gupta is in new york. A cut by the fed has been all but promised by them already at their meeting next week. I guess the only outstanding question is by how much. Indeed, as you mentioned in your introduction overall this was a solid report on information monitoring. Annually at 2. 5 , that is the lowest in three years and that is why you will see the White House touting this as it went for the current administrati ....

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BBCNEWS Verified Live September 12, 2024

Attacks over each other S Record in government. Vice president harris called the former president a laughing stock on the World Stage and said hed be manipulated by dictators if he returned to the White House. Donald trump criticised american Military Aid to ukraine, as well as accusing Kamala Harris of having no economic plans. Our senior north america correspondent, gary odonoghue, Has the story. We arejust stepping we are just stepping away from the usa to northern ireland, where the Family of Pat Finucane, the human Rights Lawyer shot dead by Loyalist Paramilitaries at his home in belfast in 1989 are about to give a statement. This comes just after the launch of an inquiry into his murder. The prominent human Rights Lawyer was shot dead by L ....

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BBCNEWS Business Today September 12, 2024

That. Rate cut next week. Everyone seems to be talking about inflation because of the us president ial debate, if you watch that, did you see the potential Policy Shifts based on the candidate s . Mat on the Candidate S . Not reall , on the Candidate S . Not really. They on the Candidate S . Not really, they had on the Candidate S . Not really, they had a on the Candidate S . Not really, they had a lot on the Candidate S . Not really, they had a lot of| really, they had a lot of political rhetoric but not a lot of policy information. We already kind of know where both candidates stand on addressing inflation, i would candidates stand on addressing inflation, Iwould Run candidates stand on addressing inflation, i would run a candidates stand on addressing inflation, Iwould Run a number of scenarios through our macro model to kind of gauge what the inflationary implications are ranging from trade,
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