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to early for speculation. earlier i put that to victoria scholar is head of investment at interactive investor. the uk money markets, they are anticipating rate cuts next year but not untiljune, that is when the first rate cut is pencilled in. that was actually pushed back after today s decision, from the previous estimation that the bank of england would cut rates in may. financial markets are pricing in a one percentage point move of rate cuts in 2024, that would get down to 4.25% from where it is now. but the governor was a lot more cautious than the markets, he says the markets have their own view and he thinks it is too early to speculate about rate cuts. clearly, he s been about rate cuts. clearly, he s been a lot more dependent on the data. i think this main takeaway is that the bank of england is being more cautious in its outlook than the fed. it cautious in its outlook than the fed. , , . fed. it is interesting that the lan . ua . e fed. it is interesting that ....
players. she calls them enablers and collaborators. surging nikki haley picks up a major endorsement. charles koch-backed group group backing nikki haley. good wednesday morning. right now the final hours of the truce between israel and hamas are ticking away and as we speak negotiators in the white house are waiting to extend it. hamas released another round of hostages yesterday with more to come today. we just heard from secretary of state blinken at nato headquarters as he prepares to head into the war zone and travel once again to israel. we d like to see the pause extended because what it has enabled first and foremost is hostages being released, it s also enabled us to surge humanitarian assistance to the people of gaza who so desperately need it. new this morning, the family of the youngest hostage 10-month-old, they ve been notifyd that the baby and his 4-year-old brother will not be freed today. hamas did allow an outside journalist to witness yest ....
welcome to our look at the top business stories. i m lukwesa burak. today, global markets will be watching the latest us inflation data for clues as to whether the federal reserve might move again on interest rates. inflation was 3.7% over the 12 months to september which is the same rate recorded for august. while inflation has cooled significantly from last year, it remains higher than the 2% target. this month, the us central bank held its key interest rate at its current 22 year high as it seeks to stabilise price rises, which had recently reached near record levels. joining me now is steven blitz, chief us economist, ts lombard. hello and welcome to the programme. hello and welcome to the programme- hello and welcome to the - programme. what are programme. thank you. what are ou programme. thank you. what are you expecting programme. thank you. what are you expecting later programme. thank you. what are you expecting later today? - programme. thank you. wha ....
serious. that very gloomy and presidential look that they are both trying to affect. but, oh my goodness, as they continue to stand at the podium, i think many people in america, in fact, the majority, almost certainly, will watch this debate will be wondering what on earth is going on. they turned to leave, and at that stage, cnn catch to a wider shot as the president and former president trump leaves the stage. they don t go close to each other. joe biden is there, and there are family members with him on the stage. but the whole thing has been the most rambling, peculiar affair. someone in a focus group, quite early on in the course of the debate said it was a choice between the circus or the nursing home. and there has been a feeling among many people watching that, number one, the questions that were asked were not answered, but number two, this is probably the biggest story of the night, president biden did not look presidential. he did not hit home with the point ....
a fox news alert, i am jackie in new york, time could be running out for biden administration, secretary of state antony blinken traveled to iraq today to meet with that nation s prime minister. bra stern warning to iran and terrorist groups that u.s. is prepared to protect military from attack, earlier in day secretary visited west bank to doize flight of gaza civilians. israel raised important questions about how humanitarian pauses would work. we have to answer those questions, we re working on that. we agreed our teams would get together, they are doing that. to work through the specifics, of these pauses. so far there is no sign that israel is ready to back any plan for a momentary ceasefire, the military claims it has encircled gaza city and decided the besieged coastal trip in two, troops to enter gaza city within 48 hours. still the white house is making it clear palestinians must have a say in whatever comes next for the territory after the con click. con ....