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Thanks for joining us. The news continues now here on cnn and the fed makes a Jumbo Rate Cuts what it means for you and the global economy are now just 47 days away from the us president ial election. You polling is giving us greater insight into which way voters or leaning in three critical battleground states, according to a set of postdebate Quinnipiac University polls democratic president ial nominee Kamala Harris is leading her republican rival, Donald Trump, among likely voters in Pennsylvania And Michigan her Onepoint Lead in wisconsin is within the margin of error on wednesday, both nominees sort to get their messages out. Harris was In Washington where she slammed trumps Immigration Proposals or trump criticized his democratic rival at a Campaign Rally in New York its time to stop the lives, stopped the hoaxes, stop the smears, stopped the lawfare, the fake lawsuits against me, add stopped claiming your opponents will turn america into a dictatorship. Give me a break. Because ....
these are two big deal events. we ve only seen them happen on the same day at seven times in the same day at seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that helps good news wednesday morning for american consumers and the fed. it should inflation calling site in may after she particularly hot rebels in the first few months of the year. at 3.3% the yearly price increase was slower than expected and slowly increase we saw in april. the data actually showed no change month to month between april and may. and the core inflation rate which excludes volatile food and energy prices called as well. that s the kind of news federal reserve officials are looking for. but it was enough to warrant an interest rate cut. here is federal reserve chair jerome powell. we see today s report as progress and is building confidence but we don t see ourselves as having the confidence that would warrant beginning to loosen policy this tim ....