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May 2, 2024
05/24
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-- jerome powell. that is well in kee - in . jerome powell.ping with _ jerome powell. that is well in keeping with the _ jerome powell. that is well in keeping with the tradition - jerome powell. that is well in keeping with the tradition of i keeping with the tradition of the fed. they have never not hiked or not cut during a presidential election if the economy demands it. the problem is, this is a more nuanced event if they do cut. they are not going to cut because the economy is slowing down but they're going to cut because inflation is well below where they think the front rates should be and different rates need to adjust downward. it is easy to us, to the markets, to understand what is going on but from a political standpoint, it would look like the committee to re—electjoe biden. it is going to be much later if he does not get it injune but having said that, if suddenly unemployment skyrockets up or inflation skyrockets up, even if it is right in the middle of the conventions, they will do what they need to do to stabilise the economy.
-- jerome powell. that is well in kee - in . jerome powell.ping with _ jerome powell. that is well in keeping with the _ jerome powell. that is well in keeping with the tradition - jerome powell. that is well in keeping with the tradition of i keeping with the tradition of the fed. they have never not hiked or not cut during a presidential election if the economy demands it. the problem is, this is a more nuanced event if they do cut. they are not going to cut because the economy is slowing...
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May 2, 2024
05/24
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jerome: it is unlikely that the next great move will be a hike.om: the yen tumbles pairing a rapid rally on suspected intervention and a big day for earnings, standard chartered reports a profit beat. shel and novo nordness report, but first ing. this is the news coming through, two and a half billion euro share buyback following a previous buyback. rewarding investors with additional cash. in terms of net income, this came in in line with estimates of 3.8 3 billion euros for the first quarter it was a beat, the lender coming through with 1.6 billion euros, ing added 99,000 primary customers, but the buyback of two and a half billion euros. i will be speaking to the ceo at 6:15 a.m. so stay with us. reaction coming through from the lender. markets are digesting what we heard from jay powell, no surprise, but the language pushing back on the views that hikes -- they push back on that saying cuts were possible, european stock futures are lower , ftse futures pointing to 31 points. nasdaq futures looking to gain 150 points. earnings are important wit
jerome: it is unlikely that the next great move will be a hike.om: the yen tumbles pairing a rapid rally on suspected intervention and a big day for earnings, standard chartered reports a profit beat. shel and novo nordness report, but first ing. this is the news coming through, two and a half billion euro share buyback following a previous buyback. rewarding investors with additional cash. in terms of net income, this came in in line with estimates of 3.8 3 billion euros for the first quarter...
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May 1, 2024
05/24
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increases jerome powell reiterated today he thinks the fed policy is restrictive. you have got still some substantial fiscal policy where we are running over a percent deficits so far this year as a percentage of gdp in the united states and that is historically high for an economy that is in full employment and that spending is coming from unspent american rescue act money, inflation projects, infrastructure projects, and it is particularly affecting service circulation and stickiness of wages in the service sector. i think that is one of the things that makes the united states unique versus the rest of the world. the rest of the world did not have a level of fiscal stimulus that the united states had and still has and also the united states is more of a service sector economy versus a goods economy and i think those are both challenges for the fed. annabelle: do you see that challenge really persisting or perhaps even worsening given that we are in an election year? >> it might. we really have not seen, we have seen good progress over the past year and inflation
increases jerome powell reiterated today he thinks the fed policy is restrictive. you have got still some substantial fiscal policy where we are running over a percent deficits so far this year as a percentage of gdp in the united states and that is historically high for an economy that is in full employment and that spending is coming from unspent american rescue act money, inflation projects, infrastructure projects, and it is particularly affecting service circulation and stickiness of wages...
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May 18, 2024
05/24
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i think that jerome powell has been a pretty poor fed chairman. he is the one who is also responsible for allowing the inflation rate to go up to 9.1%, the highest rate in 40 years. that has done great damage to the american family. inflation is a killer. it's like a sales tax you pay every time you go to the store. host: have tons of folks with questions. democrats can call in at (202) 748-8000. republicans at (202) 748-8001. independents on (202) 748-8002. just because we have a lot of folks who have questions, i will ask everyone to keep it concise. starting with kalamazoo, michigan on our line for republicans. good morning, jean. caller: my question is about discretionary spending. if congress holds the purse strings, how does president biden, how is he able to forgive student loans and give cell phones to illegals and do all the things he's doing? does he have an unlimited amount of discretionary spending? host: thank you for your question. guest: is that a great question. it's a great question. i don't think that there is any doubt that the
i think that jerome powell has been a pretty poor fed chairman. he is the one who is also responsible for allowing the inflation rate to go up to 9.1%, the highest rate in 40 years. that has done great damage to the american family. inflation is a killer. it's like a sales tax you pay every time you go to the store. host: have tons of folks with questions. democrats can call in at (202) 748-8000. republicans at (202) 748-8001. independents on (202) 748-8002. just because we have a lot of folks...
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May 15, 2024
05/24
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CNBC
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fed chair jerome powell also described the cpi report more mixed than hot.peaking at the foreign bankers association in amsterdam, powell talked about it being restrictive and indicated the fed will keep the rates higher for longer. >> having the restrictive policy, we have the highest interest rates in some time. it may be that it takes longer than expected to do its work and bring inflation down. i am confident we will do that, but that we will get inflation down to 2% and ultimately we will need to do with our policy rate. >> by many, many measures the policy rate is restrictive. the question is it sufficiently restrictive, and i think that's going to be a question that time will have to tell. entertaining the possibility is that could be a very small probability, but i say -- i have said that i don't think that it's likely based on the data that we have that the next move that we make would be a rate hike. i think it's more likely that we'll be at a place where we hold the policy rate where it is. >> steven blitz joining us. thanks for the time. are we r
fed chair jerome powell also described the cpi report more mixed than hot.peaking at the foreign bankers association in amsterdam, powell talked about it being restrictive and indicated the fed will keep the rates higher for longer. >> having the restrictive policy, we have the highest interest rates in some time. it may be that it takes longer than expected to do its work and bring inflation down. i am confident we will do that, but that we will get inflation down to 2% and ultimately we...
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May 23, 2024
05/24
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when old jerome's skull was stolen from ford force, we dug it up.rote the truth to you, so we can’t tell you anything new. hav hafner, b.sc., himself refused to comment on this to anyone because he was questioning his judgment, our club i deliberately abandoned this topic. we received a letter from abroad, which spoke of castalom's inaction in san khuur. the skull of the worthy jerome the terrible, exhumed from the tomb at fort scilly by the forces of your club and bonebreaker hafner, is now safe inside the tomb there. there are his decayed femurs and horse bristles, the tomb in question is the name of the place where people gather from the skull and bones, and this letter was addressed from one comrade to his friend, also a member of society, here the most interesting thing begins, and a member of this society, prescott bush, in fact, a relative of a known to us, i would say, an entire dynasty, has as a kind of fetish objects associated with great people, usually magicians, sorcerers, people who went down in history, and from which you can get a ce
when old jerome's skull was stolen from ford force, we dug it up.rote the truth to you, so we can’t tell you anything new. hav hafner, b.sc., himself refused to comment on this to anyone because he was questioning his judgment, our club i deliberately abandoned this topic. we received a letter from abroad, which spoke of castalom's inaction in san khuur. the skull of the worthy jerome the terrible, exhumed from the tomb at fort scilly by the forces of your club and bonebreaker hafner, is now...
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May 15, 2024
05/24
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jerome powell reiterates interest rates will be higher for longer.hina is considering buying homes as it shores up earnings. a focus on big banks. including alley yachts. it is today beats for the insurance company with pimco in the mix. profit is above estimates. essentially 4 billion euros. estimates had been 3.86, total revenues are shy of 50 billion euros. a beat when it comes to operating profit. 4 billion euros, estimates had been for 3.6. i will be speaking to the cfo, that interview at 6:30. 15% year to date up. german lender coming out with earnings. beating estimates at commerce bank, above estimates in the interest, estimates were for above 2 billion. net income above estimates comfortably. net income in the first quarter, estimates i been millions. 2.7 5 billion in revenues. above estimates of 2.7 4 billion. in terms of the outlook for income, 8.1 billion euros for the full year. estimates where 8 billion. above estimations for commerce bank. i will speak to the cfo along with the markets today team after 7:00 a.m.. the netherlands three
jerome powell reiterates interest rates will be higher for longer.hina is considering buying homes as it shores up earnings. a focus on big banks. including alley yachts. it is today beats for the insurance company with pimco in the mix. profit is above estimates. essentially 4 billion euros. estimates had been 3.86, total revenues are shy of 50 billion euros. a beat when it comes to operating profit. 4 billion euros, estimates had been for 3.6. i will be speaking to the cfo, that interview at...
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May 27, 2024
05/24
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CNNW
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. - jerome in the house! - clear! - "black-ish", "insecure". - hey! - so many shows that are on now that are killing it in ratings. - we're living in a golden age of black television, especially when it comes to sitcoms. - we're finally starting to see ourselves represented in the world. (car whooshes past) (water sprays) - hell no! (upbeat music) (upbeat music) - as times change, we're beginning to see this evolution of black television. - this is rochester van jones. he's my butler. - we finally get to see a realistic depiction of ourselves. - issa, what's on fleek? - and the only way that that could be done was by changing the people who were telling the stories. - i don't know what that means. i know what that shit means. - by putting more seats at the table for black storytellers, writers, creators directors. - and that's a big difference in what we saw before. - [announcer] "the adventures of ozzie and harriet," starring the entire nelson family. - [announcer] "father knows best." (soaring instrumental music) - the tv landscape in the 1950s was
. - jerome in the house! - clear! - "black-ish", "insecure". - hey! - so many shows that are on now that are killing it in ratings. - we're living in a golden age of black television, especially when it comes to sitcoms. - we're finally starting to see ourselves represented in the world. (car whooshes past) (water sprays) - hell no! (upbeat music) (upbeat music) - as times change, we're beginning to see this evolution of black television. - this is rochester van jones. he's...
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May 15, 2024
05/24
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BBCNEWS
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speaking on tuesday at an event in amsterdam, jerome powell said the central bank was looking at keepinga longer time than had been thought, due to persistently high inflation. i'm packing this with the independent market analyst, craig l. good morning. my cuts are really pricing in that rates will stay at this rate, is that the case? for at least a few months and hard to look in the future because if you look at how markets are behaved over the last year, i have been incredibly optimistic. we are now injanuary, markets are pricing in 175 basis points from the us and down to about half a percent now. we're talking much smaller numbers and it shows the insurgency that exists and that is what jerome powell alluded to this week when he said interest rates were much higher than what they thought they would be. ultimately they thought higher interest rates would have a dampening effect on inflation then we have a ready seen. ., , inflation then we have a ready seen. ., ., , seen. today will get the latest numbers for — seen. today will get the latest numbers for the _ seen. today will get the
speaking on tuesday at an event in amsterdam, jerome powell said the central bank was looking at keepinga longer time than had been thought, due to persistently high inflation. i'm packing this with the independent market analyst, craig l. good morning. my cuts are really pricing in that rates will stay at this rate, is that the case? for at least a few months and hard to look in the future because if you look at how markets are behaved over the last year, i have been incredibly optimistic. we...
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he should say why are you starving this economy, jerome powell?put you into that office, right in but the thing is democrats, they stick together, republicans don't, all right in and that's been part of the problem in the house. republicans don't stick together, democrats do. here's a case where a democrat president would be well served by not sticking with someone over at the federal reserve by showing a riff, putting the blame on the federal reserve for leaving rates too low for too long, that created inflation and now leaving them too high for too long. stuart: well, he also a blamed corporate greed for inflation which mistakes no sense at all, but that was the president on cnn last night. adam, stay there, more for you later. >>> trump's new york trial resumes today, and stormy daniels will be back to take the stand. byron york is with me. do you think stormy's testimony is helping or hurting trump? >> well, first of all, you never know how the jury is taking it. we have no idea with. but as far as what i'm -- my opinion here is, i think it's
he should say why are you starving this economy, jerome powell?put you into that office, right in but the thing is democrats, they stick together, republicans don't, all right in and that's been part of the problem in the house. republicans don't stick together, democrats do. here's a case where a democrat president would be well served by not sticking with someone over at the federal reserve by showing a riff, putting the blame on the federal reserve for leaving rates too low for too long,...
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how are communion wavers made all this and more coming up on jerome x the .
how are communion wavers made all this and more coming up on jerome x the .
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how are communion waivers made all this and more coming up on jerome x, the germany is celebrating the 75th and.
how are communion waivers made all this and more coming up on jerome x, the germany is celebrating the 75th and.
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May 2, 2024
05/24
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BBCNEWS
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here is chair, jerome powell, during his press conference. economy has made considerable progress towards our dual mandate objectives. inflation has eased substantially over the past year, while the labour market has remained strong. and that is very good news. but inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. we are fully committed to returning inflation to our 2% goal. while the prices of many goods have fallen, from cars to furniture, an increase in housing and petrol prices have contributed to a recent rise in consumer inflation. with progress on inflation taking longer than expected, hopes for lower rates have dimmed. one scenario that could change that calculation? chair powell said if the labour market unexpectedly weakened, that could spur rate cuts. and sweetening the mood on wall street, the dowjones industrial average closed higher, after the fed chair implied that the central bank's next move was unlikely to be a rate hike. as you've heard from the us federal re
here is chair, jerome powell, during his press conference. economy has made considerable progress towards our dual mandate objectives. inflation has eased substantially over the past year, while the labour market has remained strong. and that is very good news. but inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. we are fully committed to returning inflation to our 2% goal. while the prices of many goods have fallen, from cars...
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how are communion waivers made all this and more coming up on jerome x, the germany is celebrating the 75th.
how are communion waivers made all this and more coming up on jerome x, the germany is celebrating the 75th.
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May 13, 2024
05/24
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BBCNEWS
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also awaiting some comments from fed chairman, jerome powell.se two and the cbi and the ppi data, there is a number of events this week that could certainly shift the needle as to those all—important interest rate expectations. so the markets are still favouring perhaps september, but if we did happen to see a hotter read this week on cpi, it wouldn't surprise me if we did see that timeline put further down the road a little bit, abs towards november even. so let's see what the figures are this week. a lot to watch for this week. china also has some key data out including retail sales. what is the state of the chinese consumer right now? some positive figures from china over the last week starting last week actually, when we saw the trade balance figures. there was a nice turnaround there in terms of chinese imports, so we know the chinese imports, so we know the chinese domestic market, that has been a real weak points for china in this post—covid reopening era. there has been a lack of consumer confidence and consumer buying, and that has led
also awaiting some comments from fed chairman, jerome powell.se two and the cbi and the ppi data, there is a number of events this week that could certainly shift the needle as to those all—important interest rate expectations. so the markets are still favouring perhaps september, but if we did happen to see a hotter read this week on cpi, it wouldn't surprise me if we did see that timeline put further down the road a little bit, abs towards november even. so let's see what the figures are...
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how are communion waivers made all this and more coming up on jerome x the .
how are communion waivers made all this and more coming up on jerome x the .
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how are communion wafers made all this and more coming up on jerome x the .
how are communion wafers made all this and more coming up on jerome x the .
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May 13, 2024
05/24
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BBCNEWS
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also awaiting some comments from the third chairmanjerome powell, third chairman jerome powell, so thirdome powell, so between those two and the cpi and ppi don't sarah batts this week that could certainly shift the needle as to those all—important interest—rate all—importa nt interest—rate expectations. are all—important interest—rate expectations. are still favouring at september, but if we happen to see a hotter read this week on cpi, wouldn't surprise me if we saw that timeline put further down the road, perhaps towards november, so let's see what the figures are. i so let's see what the figures are. ~' so let's see what the figures are. ~ ., . . so let's see what the figures are. ~' ., ., . ., so let's see what the figures are. ~ ., ., . ., ., are. i like to watch for. china has key data _ are. i like to watch for. china has key data out _ are. i like to watch for. china has key data out including i has key data out including retail sales. what's the state of the chinese consumer right now? , ., , of the chinese consumer right now? ,.,, , ., now? some positive figures from china ove
also awaiting some comments from the third chairmanjerome powell, third chairman jerome powell, so thirdome powell, so between those two and the cpi and ppi don't sarah batts this week that could certainly shift the needle as to those all—important interest—rate all—importa nt interest—rate expectations. are all—important interest—rate expectations. are still favouring at september, but if we happen to see a hotter read this week on cpi, wouldn't surprise me if we saw that timeline...
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reporter: stagflation percolated at fed and chair jerome powell and don't see the stag or the flationnk you, hillary. peter maurici is a accomplished economist and joining us now. peter, are you happy with the fed leaving rates unchanged? >> no, i'm not. the ten year bond rate and mortgages paying off and corporate borrowing tegs off of and this business of slowing down quantitative tightening will tend to soften the upward movement in the treasury rate, and i believe it's too low. my feel asking monetary policy right now is not tight enough and he's permitting inflationary expect taces to lock in at 3 or 4% and going to raise a federal funds rate to do that, that would be helpful and should continue quantitative tightening and we should be targeting the 10-year treasury rate above 5%. innation is too high and going to stay there. stuart: you want the 10 year treasury to be above 5% and you want that? >> absolutely. right now my feel asking the sustainable rate of inflation is higher than it was before covid. more like 2.5 to 3% more akin to the volcker area and look 40 years prior to
reporter: stagflation percolated at fed and chair jerome powell and don't see the stag or the flationnk you, hillary. peter maurici is a accomplished economist and joining us now. peter, are you happy with the fed leaving rates unchanged? >> no, i'm not. the ten year bond rate and mortgages paying off and corporate borrowing tegs off of and this business of slowing down quantitative tightening will tend to soften the upward movement in the treasury rate, and i believe it's too low. my...
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the damage spans the netherlands fronds and into the south western jerome and state of garland has also seen its was flooding in 3 decades. the social media is a wash patrol reason images off to the blue. fireball lit up the night sky or with spain and portugal. the european space agency fast the all checked appears to be a piece of comment. the bright, neon blue light illuminated the clouds for several seconds to the surprise and the light of on the clouds. before we go, a quick reminder of our top story. it on the president brought him re safe, missing and then a patent helicopter crash, state media savvy at call scatting, j. c. and the foreign minister has to make a hard landing near the border with us and by john bad weather is hampton invest to f. but that would be all from us for now. but to stick it on for the portfolio that's coming up next number such as well, thank you so much for being with us. the . we've got some hot tips for your package, the magic corner. feel free to you. check on some great cultural memorials to be w travel we go out what i mean. i know i might just do
the damage spans the netherlands fronds and into the south western jerome and state of garland has also seen its was flooding in 3 decades. the social media is a wash patrol reason images off to the blue. fireball lit up the night sky or with spain and portugal. the european space agency fast the all checked appears to be a piece of comment. the bright, neon blue light illuminated the clouds for several seconds to the surprise and the light of on the clouds. before we go, a quick reminder of...
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May 1, 2024
05/24
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this afternoon federal reserve chair jerome powell will talk about monetary policy a the economys he gives an update on the central bank's next move on ierest rates. watc live, 2:30 p.m. on c-span now, our full video app, or online at c-span.org. >> nonfiction book lovers, listen to influential interviewers on the after words podcast and on q & a, wide ranging conversations with nonfiction authors and others. weekly hour long conversations that regularly feature fascinating authors of nonfiction books on a wide variety of topics and the about books podcast takes you behind the scenes of the nonfiction book publishing industry with industry updates and best sellers. download the free c-span now app or wherever you get your podcast, and on our website, c-span.org/podcast. ♪♪ c-span's been delivering unfiltered congressional coverage for 45 years. here is a highlight from a key moment. >> i stand here with my colleagues from the arizona delegation, both senate and house, and with very close friends of congresswoman gabrielle gifford, to remember a tragic event that took place three year
this afternoon federal reserve chair jerome powell will talk about monetary policy a the economys he gives an update on the central bank's next move on ierest rates. watc live, 2:30 p.m. on c-span now, our full video app, or online at c-span.org. >> nonfiction book lovers, listen to influential interviewers on the after words podcast and on q & a, wide ranging conversations with nonfiction authors and others. weekly hour long conversations that regularly feature fascinating authors of...
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the now i am under training for jerome. no. our team speak english. uh huh. because the curriculum platform was also in english english. okay. yes. mike, i no problem. yeah. yes. what other nationalities and people or have you seen here? there is another bass, he's from germany, germany. he has also a thoroughly, i'm italian of columbia and columbia, and spanish, spanish and south korea and south russell, japanese, japanese. yeah, yes, no, scotsman or irishman, i never see. oh man, that's a shame as well. that's good to see. so there's a lot of different people that are coming to help russia and told her how, how long do you think it's going to take before rush? it completely defeats you. great. i believe we finish with the next year. all of these troops that i spent time or square common in their volunteering and their volunteering for the purposes of finding fascism. because they'll realize this as the next, a central spiritual war between the side of light and the law in naturalness and god in the side of darkness demon, is them in every form of perversion
the now i am under training for jerome. no. our team speak english. uh huh. because the curriculum platform was also in english english. okay. yes. mike, i no problem. yeah. yes. what other nationalities and people or have you seen here? there is another bass, he's from germany, germany. he has also a thoroughly, i'm italian of columbia and columbia, and spanish, spanish and south korea and south russell, japanese, japanese. yeah, yes, no, scotsman or irishman, i never see. oh man, that's a...
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May 15, 2024
05/24
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CNBC
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fed chair jerome powell doubles down on his view that the next move will not be a hike. ahead of that, u.s. stock futures surging in some directions with the nasdaq back at all-time highs. helping things along in a very big way as google opens ai's latest chatgpt final. >>> and reddit rides the meme stock wave in a record high. and federal prosecutors saying boeing is possibly on the hook for as much as $2.5 billion. it's wednesday, may 15th. you're watching "worldwide exchange" right here on cnbc. >>> good morning. welcome to "worldwide exchange." thank you for being with us on this wednesday morning. h let's kick off the horde with the u.s. futures after a mostly positive day for stocks yesterday that saw the nasdaq close at a fresh all-time high. meanwhile you are seeing some marginal gains implied at the "opening bell" today. the s&p 500 higher by roughly 2 to 3 points and the nasdaq up 1 to 2. ahead of the "opening bell," at least 31 s&p 500 companies are now at 52-week highs or better or all-time highs across the economic spectrum, across ought of them, including q
fed chair jerome powell doubles down on his view that the next move will not be a hike. ahead of that, u.s. stock futures surging in some directions with the nasdaq back at all-time highs. helping things along in a very big way as google opens ai's latest chatgpt final. >>> and reddit rides the meme stock wave in a record high. and federal prosecutors saying boeing is possibly on the hook for as much as $2.5 billion. it's wednesday, may 15th. you're watching "worldwide...
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May 16, 2024
05/24
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FBC
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jerome powell, chairman of the fed set it up in such a way that whatever data comes out supporting the likelihood of cuts is the date of the market trades on and the data it leans on at least to get one, or two cuts, the market is pricing two cuts for 2024 as the highest probability, given where inflation is is not the right move. people should be staying in long stocks by targeting the dow if you want to use that, 4,500. it's probably going to get there before the election and the election -- neil: 40,500. go ahead. >> i think before the election. the election throws a wrench in things because we don't know what it is going to do to the appetite of people to be in risk assets but to me, because they are going to cut rates which i think they are, don't think they should, that gives risk assets a boost they may have to unwind out another point in time. neil: doesn't seem like now is the time to entertain cuts, no reason to rush these cuts. you could argue stocks might selloff with the cutting rates running up ahead of that move and selling off after because it could signal they are movi
jerome powell, chairman of the fed set it up in such a way that whatever data comes out supporting the likelihood of cuts is the date of the market trades on and the data it leans on at least to get one, or two cuts, the market is pricing two cuts for 2024 as the highest probability, given where inflation is is not the right move. people should be staying in long stocks by targeting the dow if you want to use that, 4,500. it's probably going to get there before the election and the election --...
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May 9, 2024
05/24
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the us, so we are seeing much stronger demand in the us and this was reflected in the comments from jeromehat actually the level of confidence over inflation returning to target had become less in recent months. by contrast, for the european central bank, they have clearly indicated thatjune is highly likely to be the point at which rates start to be cut. for the bank of england, somewhere in between. a little bit more caution. you still don't have enough policymakers who support a rate cut. possibly they could move injune. the market view, interestingly, which aligns with our own view, is that the first rate cut is most likely to come in august in the uk. sojune for the european central bank, august for the bank of england. bank, august for the bank of encland. ., bank, august for the bank of en. land. ., ., bank, august for the bank of encland. ., ., ., england. sarah hewin, head of research for _ england. sarah hewin, head of research for you _ england. sarah hewin, head of research for you europe - england. sarah hewin, head of research for you europe and i england. sarah hewin, head o
the us, so we are seeing much stronger demand in the us and this was reflected in the comments from jeromehat actually the level of confidence over inflation returning to target had become less in recent months. by contrast, for the european central bank, they have clearly indicated thatjune is highly likely to be the point at which rates start to be cut. for the bank of england, somewhere in between. a little bit more caution. you still don't have enough policymakers who support a rate cut....
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May 2, 2024
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starbucks was down nearly 16% after falling short of expectations, as now fed chair jerome powell said that inflation has still not eased enough to warn a rate cut. but he did say another rate hike is actually unlikely, as fox's connor hanson tells us, investors are lowering their expectations for how many rate cuts, if any, that the fed is going to make this year. >> but inflation is still too high. further progress in bringing it down is not assured and the path forward is uncertain. >> federal reserve chairman jerome powell says interest rates will stay the same for now. americans have been hopeful rate cuts would soon translate into lower borrowing rates for mortgages, car loans and credit cards. but economists say inflation has been too stubborn and say rates could stay put through the end of the year. well the big story really on the economy has just been resilience . >> you know, everybody's been expecting a slowdown. >> there'll be no rate cuts this year. i'm investing under the premise that we're going to be living with this rate cycle, staying the same for the rest of the yea
starbucks was down nearly 16% after falling short of expectations, as now fed chair jerome powell said that inflation has still not eased enough to warn a rate cut. but he did say another rate hike is actually unlikely, as fox's connor hanson tells us, investors are lowering their expectations for how many rate cuts, if any, that the fed is going to make this year. >> but inflation is still too high. further progress in bringing it down is not assured and the path forward is uncertain....
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i don't b envy jerome powell this morning.aria: evercore writes stronger than expected wages will raise fed anxiety over overheating. we spoke with nancy lazar. here was her reaction on wages. stocks are plummeting, interest rates are surging on a hotter than expected employment cost index for the first quarter. 1.2% versus an estimate of 1%. your reaction. >> annualized run rate is over 4%, that is sticky wage inflation and we think that is reflection of a sub-4% unemployment rate. it's not shelter keeping inflation sticky, not auto insurance rates that are keeping inflation sticky, people have purchasing power because they have jobs and they're getting wage increases. i would rather take short-term pain, get the unemployment rate up so we can move back to low inflationary environment, certainly unsettling things going on in college campuses highlights the economy is fragile. cost of living is too high. you need to crack the unemployment rate to get that down. maria: adam, she's talking about inflation being too high but it's
i don't b envy jerome powell this morning.aria: evercore writes stronger than expected wages will raise fed anxiety over overheating. we spoke with nancy lazar. here was her reaction on wages. stocks are plummeting, interest rates are surging on a hotter than expected employment cost index for the first quarter. 1.2% versus an estimate of 1%. your reaction. >> annualized run rate is over 4%, that is sticky wage inflation and we think that is reflection of a sub-4% unemployment rate. it's...
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before we go within the last hour a so use rocket has successfully busted off from the bike and or cosmo jerome and is right now roaring toward the international space station or re supply mission the and there it goes. the flight will last more than 2 days with the spacecraft schedule to dock with the russian segment of the i ss on june. first. the progress module is set to stay in orbit for 173 days. it's packed with 2 and a half tons of vital equipment, ranging from medical supplies and clothing and even nitrogen and to replenish the stations atmosphere. but there's also a batch of fresh fruits and vegetables as well as 1st i guess for the crew members . all right, well that is going to do it for me for now, but to stay with us. my colleague, nicky earn will be in next in about half an hour with more of the day stuff. new stories by the on the additive to the too much high school diploma who handles life and all it is the my brother through he was sudden to help with a friend, lo, drones and to the church almost. i finally side system. so now i never looked at churches as being the same. wel
before we go within the last hour a so use rocket has successfully busted off from the bike and or cosmo jerome and is right now roaring toward the international space station or re supply mission the and there it goes. the flight will last more than 2 days with the spacecraft schedule to dock with the russian segment of the i ss on june. first. the progress module is set to stay in orbit for 173 days. it's packed with 2 and a half tons of vital equipment, ranging from medical supplies and...
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May 1, 2024
05/24
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however, they will be monitoring very closely the remarks by jerome powell. question mark here about when and if the federal reserve will actually go ahead with rate cuts this year. now, i want to share this with you because the team here at cnbc has actually gathered the thoughts among some of the major banks to understand what they're expecting in terms of rate cuts from the fed this year. and basically only morgan stanley expects the fed to cut rates three times this career. bank of america, deutsche bank and barclays they expect only one rate cut. let's see how hawkish jerome powell will sound later on today, but no doubt they will be monitoring the rates closely. >> plenty of red on the board to start the day. amazon reporting strong first quarter results after the bell. what should we learn from that? >> so amazon reported a 24% growth when it comes to their online advertising business. we know that the cloud and of course online retail are the core part for amazon. however, this trend, this number they posted when it comes to advertising does suggest t
however, they will be monitoring very closely the remarks by jerome powell. question mark here about when and if the federal reserve will actually go ahead with rate cuts this year. now, i want to share this with you because the team here at cnbc has actually gathered the thoughts among some of the major banks to understand what they're expecting in terms of rate cuts from the fed this year. and basically only morgan stanley expects the fed to cut rates three times this career. bank of america,...
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May 4, 2024
05/24
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but an optimistic jerome powell says prices could resume falling.ny economic outlook warranted? if. ♪ ♪ ( ♪ ) i thought water would help with these dry spots. that's lawn disease. but scotts healthy plus will cure it! lawn disease? been going around. so like other people have it and it's not... pick up a bag of the new scotts turf builder healthy plus lawn food today. feed your lawn. feed it. the day you get your clearchoice dental implants makes every day... a "let's dig in" day... mm. ...a "chow down" day... a "take a big bite" day... a "perfectly delicious" day... - mm. [ chuckles ] - ...a "love my new teeth" day. because your clearchoice day is the day everything is back on the menu. a clearchoice day changes every day. schedule a free consultation. i will bless those who bless you. it's almost passover here in israel and across the former soviet union. but we're fnding thousands of destitute, elderly jews who are alone and in need of basic food. ramzia is a holocaust survivor. she keeps saying my refridgerator is empty. she's embarrassed to ask
but an optimistic jerome powell says prices could resume falling.ny economic outlook warranted? if. ♪ ♪ ( ♪ ) i thought water would help with these dry spots. that's lawn disease. but scotts healthy plus will cure it! lawn disease? been going around. so like other people have it and it's not... pick up a bag of the new scotts turf builder healthy plus lawn food today. feed your lawn. feed it. the day you get your clearchoice dental implants makes every day... a "let's dig in"...
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and fed chairman jerome paul, on the one hand, did not give a signal for an imminent rate cut, but onther hand , he said that a rate increase at the next meeting is unlikely. the moscow exchange had already managed to trade on monday and tuesday, but there were no significant changes on the russian stock market. and in general in in the next few days, sharp movements are also not expected, but on the foreign exchange market, after the dollar rose in price on monday, tuesday, exporters seem to have become more active today and began to exchange currency. sell as a result, now the dollar has gone even below the level of 92. the russian flag may soon become mandatory for car license plates in russia. amendments to the guest regulations were developed by the road safety research center of the ministry of internal affairs, the newspaper kommersant writes about this. earlier, such a proposal was made in the state duma. the only exception they are going to make it for diplomatic vehicles. now the traffic police itself already issues license plates with the flag, but you can only get a combin
and fed chairman jerome paul, on the one hand, did not give a signal for an imminent rate cut, but onther hand , he said that a rate increase at the next meeting is unlikely. the moscow exchange had already managed to trade on monday and tuesday, but there were no significant changes on the russian stock market. and in general in in the next few days, sharp movements are also not expected, but on the foreign exchange market, after the dollar rose in price on monday, tuesday, exporters seem to...
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May 14, 2024
05/24
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we heard from jerome powell this morning saying you need to be patient. it's not really showing up anywhere in the markets right now. that does it for bloomberg markets. i'm katie greifeld. this is bloomberg. thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh and they're all coming? those who are still with us, yes.hhhhh grandpa! what's this? your wings. light 'em up! gentlemen, it's a beautiful... ...day to fly.
we heard from jerome powell this morning saying you need to be patient. it's not really showing up anywhere in the markets right now. that does it for bloomberg markets. i'm katie greifeld. this is bloomberg. thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh...
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May 14, 2024
05/24
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in response to the report, federal reserve chair jerome powell said, well, given the data the fed's next move would unlinely be a hike. good with for the -- unlike hi. in fact, he indicated that the current policy rate could last longer. but, of course, investors waiting for more clarity on interest rates. they will see tomorrow what april's consumer price index tells us. an analysts expecting consumer prices to rise 3.4% year-over-year compared with 3.5% in march. one company feeling the pain from high interest rates, home depot, by the way. the stock poppe iflating the dow loser board -- populating. you can see basically unchanged. came back a little later in the session, but it did miss on revenue. the home improvement retailer says customers basically deferring major home projects because of the interest rate environment. home depot though seeing additional pressures from low housing turnover, we know that, also tied to interest rates. so how else could a higher for longer landscape impact great american companies as well as your portfolio? because it looks like we're going to be stu
in response to the report, federal reserve chair jerome powell said, well, given the data the fed's next move would unlinely be a hike. good with for the -- unlike hi. in fact, he indicated that the current policy rate could last longer. but, of course, investors waiting for more clarity on interest rates. they will see tomorrow what april's consumer price index tells us. an analysts expecting consumer prices to rise 3.4% year-over-year compared with 3.5% in march. one company feeling the pain...