that either but to hear jim grant say that mark jump in., inflation continues to proven month after month after month coming in hotter than expected, and this pass to disinflation fed believes we're on investors believe we are on biden administration wants us to believe we are on a bumpy path you go through history study high inflationary periods throughout history globally not just in u.s. you find 87% of those cases a second wave of inflation. i am incredibly concerned given recent trajectory of cpi now look at ppi print that we may be facing a second wave of inflation, if you go back to what market investors were expecting as far as rate cuts back january 1 of this year, are they were pricing in 5.7 cuts, it is down to 3.2, i don't see any way three cuts i definitely do not believe june is first cut, maybe one,maybe two the very end of the year but just seems like uphill battle for the fed to move forward with cutting rates at this point in time. >> the narrative, faction matter 22 months inverted yield curve that means recession coming,

thank you for being here i got to play you a sound bite from jim grant, i was with jim grant last weekhat he said he is not buying a rate cut anytime soon he told me, that he would not even be surprised if the fed decided it might have to raise interest rates because inflation is elevated we saw that in cpi and ppi last week your thoughts? >> well -- grant certainly,waerdz pretty bow tice i do not agree there is no way facing any kind of risk of row surging inflation for rate hikes to chuck it, you know there was that time in late 1976, when jim grant and i were young looked like inflation was slain then came back, so inflation is hard to kill you think you kill it, it comes back it happens that once when it happened money supply was exploding largest year-over-year change in money supply in history, until three years ago when we did pandemic spending that is what caused this inflation the money supply is in first ever outright contraction in the modern history of data inflation going lower, not higher, the fed probably isn't going to lower rates as much as avhops it wishing but raisin

i will apologize for jim, i almost always call you mcdonald every time. >> if jim grant saying it no worry. charles: he can call me hey if he wants to. i'm good with that. >> me too. charles: this is point brought up a lot, danielle i will ask you, the veracity of the data fed uses to make decisions particularly government surveys. we have a table we'll share with the audience. no one is filling out the survey. so from the, even before if everyone filled it out there would be questions but with 1/3, some of these surveys how do you make decisions on an entire population of people a handful of people filling out survey? i think a handful of people filling out is a red flag. >> in this cycle it is a massive red flag. last week the state of california came out and said bureau of labor statistics 320,000. actually it was 48,000, whoop sy. if you run through all 50 states plus washington, d.c., you just get more than a million jobs that were overstated through that same time frame but what's powell referring to in the statement? what's the only change? job gains. he is actually taking the

. >> something jim grant told me last week, he also, said that the fed has this bind right now becauseter than expected inflation elevated inflation we continue to see he said look. the fd may decide to change target maybe 3% is fine as opposed to 2% inflation. maybe they need to continue tighter monitor policy like raising rates, last week. >> her not expecting a cut in rates anytime soon. >> no, well they my decide, three-ish is fine. >> 3% inflation. >> yes concern over inflation, and to focus on financial stability if they would define it so but i think there is also a chance maria that the fed raises if they are confronted about an accelerating rate of inflation, might feel they have no choice. who is to say that 3.2% thing couldn't go up 80 dollar oil price no longer 70 >> is there any any chance the fed raises rates this year? jeffrey: if things unravel, towards the summer i think there is -- that is a possibility, that is the kind of range of uncertainty that the policy path i think fed needs a better job of conveying. markets, i don't think there are going to raise the formal

joining us now is the founder and editor of grant interest rate observer, jim grant is with us.g here. i want to get your take on the backdrop here, markets are on fire, bitcoin is on fire, and the federal reserve is talking about cutting interest rates. your thoughts? >> punch bowl they say needs spiking. maria: does it? >> no. years and years ago, there was a thing called creeping inflation, this came in the '50s and economists at harvard said what the country needs is a rate of inflation of like two or three or a li little higher just to lu you bring kate the wheels of congress -- lubricate the wheels of inflation. now we have it, it's a 3ish, 3 and-a-halfish number. the question before the house is whether the fed which is i think chomping at the bit to cut rates can proceed in that direction with the backdrop that we have which is one of very, very enthusiastic capital markets, a great deal of evidence, speculation, like 3 trillion in crypto assets. i think there's tension between the fed's express desire to return rate of inflation as measured at 2% in the one hand and on

here's jim grant. watch this. >> you're not expecting a cut in rates any time soon?no, they might decide that three-ish is fine. maria: 3% inflation. >> yes. the concern over the inflation rate and to focus on financial stability as they would define it. however, i think there's also a chance that the fed raises, if they are confronted with an accelerating rate of inflation. who is to say 3.2% thing couldn't go up. we have an $80 oil price, no longer 70. maria: that would be stunning for the market, mike. but i know that we're all about a.i. right now. they're not thinking about market participants, aren't thinking of the fed possibly raising rates. what are your thoughts there, mike, as well as your thoughts on these a.i. stocks? shares of nvidia are up again had this morning. they're kicking off the a.i. conference today. it's putting a fire under the stocks. nvidia up 2.7%, sitting at 902 now. 902, 34, mike. there's another chip maker that's having a better year than nvidia, super micro computer. that has quadrupled in value in the past year. the stock is up again

listen to jim grant with me last week on this program.expecting a cut they in rates any time soon. >> no. well, they might decide that threeish is fine. maria: 3% inflation. >> yes. this concern over the inflation rate. and to focus on financial stability as they would define it. so but, however, i think there's also a chance this year that the fed raises if they are confronted with an accelebrate rating rate of inflation. , feel they have no choice. and who is to say the 3.2% thing couldn't go up. we have an $80 oil price, no longer 70. maria: well, that's pretty extraordinary to hear him say that and you know, let's not forget we've got oil prices which is really the bulk of the inflation picture staying elevated. is that why the 10 years this morning is at 4.3%? >> well, i also think that people, and i'm glad if this is happening that people are actually saying, hey, maybe we're too optimistic about how soon inflation has been killed and that the fed is going to lower rates. maria, i've never been in that camp. for the past year and-a-

i spoke with jim grant, the founder of grants into street observer and he said maybe the fed will changearget and realize you're not going to get to 2% anytime soon maybe they will realize the cut is not in the cards we need to see an increase in interest rates, your thoughts? >> look at the total story, inflation peaked at 9.1% in 2022. is not running according to the fed's preferred measure at 2.8%, that is down substantially, i think there is a reasonable argument to continue to see progress as economy comes into better balance. maria: do you think the fed cuts rates this year? >> the conventional wisdom is probably sometime in the summer started in the summer i think it will depend on the inflation reports and whether we see a continuation of a sideways drift in the inflation numbers, i think the feds default motive at the moment is to be patient proceed cautiously. overall rate cuts will be justified this year. , right now there is more doubts than there was a couple of months ago. maria: we will leave it there, great to see you. thank you so much. >> thank you. maria: dennis lockha

i spoke with jim grant, the founder of grants into street observer and he said maybe the fed will changeing to get to 2% anytime soon maybe they will realize the cut is not in the cards we need to see an increase in interest rates, your thoughts? >> look at the total story, inflation peaked at 9.1% in 2022. is not running according to the fed's preferred measure at 2.8%, that is down substantially, i think there is a reasonable argument to continue to see progress as economy comes into better balance. maria: do you think the fed cuts rates this year? >> the conventional wisdom is probably sometime in the summer started in the summer i think it will depend on the inflation reports and whether we see a continuation of a sideways drift in the inflation numbers, i think the feds default motive at the moment is to be patient proceed cautiously. overall rate cuts will be justified this year. , right now there is more doubts than there was a couple of months ago. maria: we will leave it there, great to see you. thank you so much. >> thank you. maria: dennis lockhart joining us moderna mechanica

i spoke with jim grant, the founder of grants into street observer and he said maybe the fed will changet and realize you're not going to get to 2% anytime soon maybe they will realize the cut is not in the cards we need to see an increase in interest rates, your thoughts? >> look at the total story, inflation peaked at 9.1% in 2022. is not running according to the fed's preferred measure at 2.8%, that is down substantially, i think there is a reasonable argument to continue to see progress as economy comes into better balance. maria: do you think the fed cuts rates this year? >> the conventional wisdom is probably sometime in the summer started in the summer i think it will depend on the inflation reports and whether we see a continuation of a sideways drift in the inflation numbers, i think the feds default motive at the moment is to be patient proceed cautiously. overall rate cuts will be justified this year. , right now there is more doubts than there was a couple of months ago. maria: we will leave it there, great to see you. thank you so much. >> thank you. maria: dennis lockhart j

i spoke with jim grant, the founder of grants into street observer and he said maybe the fed will change to get to 2% anytime soon maybe they will realize the cut is not in the cards we need to see an increase in interest rates, your thoughts? >> look at the total story, inflation peaked at 9.1% in 2022. is not running according to the fed's preferred measure at 2.8%, that is down substantially, i think there is a reasonable argument to continue to see progress as economy comes into better balance. maria: do you think the fed cuts rates this year? >> the conventional wisdom is probably sometime in the summer started in the summer i think it will depend on the inflation reports and whether we see a continuation of a sideways drift in the inflation numbers, i think the feds default motive at the moment is to be patient proceed cautiously. overall rate cuts will be justified this year. , right now there is more doubts than there was a couple of months ago. maria: we will leave it there, great to see you. thank you so much. >> thank you. maria: dennis lockhart joining us moderna mechanical e

maybe we need to take a step back access further before we commit to cutting contractors i spoke with jimraise interest rates yesterday jeffrey lacker former clique of yours former president richmond federal reserve said right now fed not as restrictive as the market thinks i want your reaction. >> you are not expecting a cut in rates any time 12507b. >> no -- well might decide three-ish is fine. >> 3% inflation. >> concern over inflation, and to focus on financial stability if they would define it so but i think there ails chance maria, you know the fed raises if they are confronted with an accelerating rate of inflation, might feel they have no choice, who is to say that the 3.2% thing couldn't go up, 80 dollar oil price no longer 70. >> if you look at spending the inflation picking up look at strong labor market, yeah, just doesn't seem policies that about restrictive right now, there is a chance this isn't going to be enough to get inflation down to 2% this year, the real federal funds rate inflation adjusted interest rate neither con strikive or expansionary if you take figures add t

with this inflation data that we got this week, i spoke with jim grant founder of and editor of grantt rate observer said fed may change mind to say 3% is fine on inflation we don't have to go to 2% target, i know what maybe a cut is actually not coming it could turn into a rate rise watch this. . >> you are not expecting a cut in rates anytime soon. >> no. the thing -- the three-ish is fine. >> 3% inflation. >> concern over inflation, and to focus on financial stability if they would define it so but, however, i think also a chance this year fed raises, yesterday confronted, with accelerating rate of inflation feel they have no choice who is to say the 3.2% thing couldn't go up 80 dollar oil price no longer 70. maria: what a contrary comment to what market is expecting rate rise. if they see inflation, is not backing down. >> let's watch that, indicated by end, 4 1/24 3/4% to his point yes if we see a rise -- i don't think in election year they are going to really get too active. that is why i think june will be the time to cut then kind see of how market digests that information but

yesterday we spoke with jim grant.ows, the fed might decide to raise rates because inflation is still elevated. we'll play that sound bite coming you. thank you, gentlemen. dennis, good to see you. john, you're with us all morning, we appreciate that. stay with us. we'll be right back. the new dexcom g7 sends your glucose numbers to your phone and watch, so you can always see where you're heading, without fingersticks. dexcom g7 is the most accurate cgm. so, you can manage your diabetes with confidence. ♪ ♪ her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we got him under a new plan. but then they unexpectedly unraveled their "price lock" guarantee. which has made him, a bit... unruly. you called yourself the "un-carrier". you sing about "price lock" on those commercials. "the price lock, the price lock..." so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection

i spoke with jim grant of grants interest-rate observer, watch this. >> you're not expected to cut indecide that three issue is fine. maria: 3% inflation? >> and to focus on financial stability and where to find it. however, i think there's a chance that the fed raises if they are confronted with an accelerating rate of inflation. have a feeling they have no choice and choose to say the 3.2% could not go up living 80-dollar oil price, no longer 70. maria: what about that. he said the fed could say 3% inflation is a target and maybe we will raise interest rates instead of cutting them. >> i don't think the fed is going to change their target it is a risk that the slowdown in inflation that you saw at the end of last year does not continue so i think march inflation report will be very important because if the fed is going to cut in june they will want to tee it up before they do it later want to take people by surprise they want people to understand what they're doing and they're going to need a credible justification for starting rate cuts. if the economy is not slowing down the march

we had jim grant on founder of the interest rate observers.be surprised if the fed raises interest rates this year. that is so contrary and cause a stock market sell-off. i don't think the fed will raise rates. for him to say that. >> bill: you mentioned 401k withdrawals over the past five to seven years the increase of people taking early withdrawal. you pay taxes on this money, too. when you see it throughout history what does it tell you? >> big mistake to do it. it tells us the consumer is stretched for them to reach into retirement accounts and need money to pay for the essentials. i tell all my friends the biggest secret and easiest way to becoming a millionaire is your 401k plan. don't go into it sooner than retirement. do not use that money. let it build up and don't leave any money on the table. you work for a company willing to match the money dollar for dollar, take it all. don't go into your 401k. that's a sign of stress and that's not good. >> bill: strong advice. thank you for being here. >> dana: stick around for this. you will

here is jim grant his interest-rate observer founder was with us last week and he made a compelling commentasked him about the fed's next path, watch this. >> you not expecting the cutting rates anytime soon. >> they might decide that three osha is fine. maria: 3% inflation? >> yes concern over inflation and to focus on financial stability as they would define it. i think there's also a chance that the fed raises if they are confronted with an accelerating rate of inflation. i feel that they have no choice and used to say the 3.2% could not go up with an 80-dollar oil price. >> the federal reserve raising interest rates that is not a narrative pricing to this market right now. >> i will say the thing about his comments is what shook me, basically she stated even if we do agree the one rate cut there's no guarantee there will be an additional subsequent rate cut. it seems like they're very cautious pushing back against this worldwide pressure to lower rates and i have to say when we look at the federal reserve minutes that, so far the fact that they state that they indicate almost 1 trillion

legendary investor, jim grant is here.l get his take on the state of interest rates, where the u.s. dollar stands in the world amidst all of the debt, 34 trillion in debt. that's coming up. first, bitcoin remains close to record highs. we ask investors how much higher cryptocurrency could go. don't miss that you're watching "mornings with maria" live on fox business. stay with us. ♪ (luke) so... i hear some of you are concerned about the fact that i'm taking over the company. well, rest assured, company's in great hands. marci, hit the vid'. (both lukes) homes-dot-com. we've done your home work. (luke) now, that is worth celebrating! (brad) i love it. (luke) thank you. (brad) home...work... very clever. (vo) ding dong! (luke vo) homes-dot-com. (vo) explore the world the viking way from the quiet comfort of elegant small ships with no children and no casinos. we actually have reinvented ocean voyages, designing all-inclusive experiences for the thinking person. viking - voted world's best by both travel + leisure and condé

. >> carley: there are allegations someone on willis's staff misused federal grant money and jim jordan is threatening to hold her in contempt for failing to turn over information on this. how serious is this? >> at the center of this battled prosecutor, it is going to be whether or not the allegations of misuse of federal funds, it stems from according to ms. willis, from a disgruntled former employee from a prior administration fired for cause. they raised allegations of mismanagement of federal funds, if you focus, there will be those who doubt any truth to it. if there is truth there is mismanagement of federal funds, it is problematic for ms. willis and there will be fallout. so far she provided some documentation to jim jordan and house committee, but not all of them. it is not unusual for individuals being subpoenaed for documents to have this sort of piecemeal compliance with the subpoena. we'll have to see whether the funds were mismanaged, whether there is documentation to show there is veracity to the allegations, if there are, it is problematic for her. >> carley: as todd sa

jim. i need from the countries were helping you granting the situation and you know, is trying to step in when the united states are wavering and at least to in time. finally, to finish these discussions in the united states. so i want to include finalize, and i hope that united states will fix their debates as soon as possible. that depends on these. thank you for talking to us. we wish you well, your credit in a position legislation. alexa, contract a lo, so 10 years ago as you kind conflict with the rush, it was deepening people power shaking out the political establishment in taiwan. another country was a huge, all of our italian neighbor. hundreds of students seize control of parliament, 12 hundreds of thousands joined demonstrations of support on the straits. the protest help stop a plan to trade. the agreement with china that by said would leave taiwan vulnerable to coercion by beijing. the ws james chase a has been speaking with some of the people who took part a decade ago. hundre

nick valencia is here with the latest nick hello, us exactly what they're arguing this time >> well, jim, remember the judge mcafee had granted that certificate for immediate review, and so we had anticipated this filing to happen and now it's official. steve sadow, the former president's attorney here in georgia, has filed this along with eight other attorneys for co-defendants in this case, 840 the teen including the former chief of staff, mark meadows, and the personal attorney for donald trump, rudy giuliani. and what they're saying here is they're asking the appeals court to overturn judge mcafee decision and some really scathing language in this legal filing. this is what they're saying in part. >> d. willis has covered herself and her office and scandal and disrepute the trial court's decision not to disqualify da willis under these circumstances is a structural error, a violation the defendants due process rights and seriously denigrate the public's confidence in the integrity of the criminal justice system. we did reach out to the fulton county da's office. they declined to comm

. >> jim gaffigan. >> jimmy: jim gaffigan's funny. there's a thousand cameos. grant. >> jimmy: so, hugh grant -- [ laughter ] [ applause ] how did you get hugh grant to do this? >> he's very unhappy, because the character is thurl ravenscroft, which is the real name of the guy who did the voice of tony the tiger. thurl ravenscroft. >> jimmy: great name. >> and so i imagine this guy as a frustrated shakespearean actor who has to play this embarrassing character to make his car payments. >> jimmy: yeah. [ laughter ] >> and that's -- and hugh grant is perfect for that. >> jimmy: he has to say, "they're great!" >> yeah, they're great. so, i did not think of really hugh grant for the part, and i love hugh grant so much. but he called us, and he said, "i want to be in the pop-tart movie." [ laughter ] and i have -- so i got the script and i auditioned on my phone. so he did an audition on his phone with a glass of wine in the other hand, by the way. [ light laughter ] and you know, like i care what the audition was. i go, "yeah, you're tony the tiger, sure." [ light

that's something they haven't granted. and time you since his reelection well, wolf, i think it's it's i hope two things are going on. number one, it sends a signal that the united states stands with israel and that we have not forgotten the horror that was visited on israel on october 7 and the necessity, the righteousness, acidy to make sure that hamas is not an operative the force ever again, it also, and i imagined that behind closed doors this message was delivered is essential. that the conflict in gaza, the israeli attacks in gaza, happen in a different way than they have these many months. in a way that is much more consistent with the kind of humanitarian improvement we would like to see and gaza. and in which hamas is the target and in which there is much less damage done, fatalities, casualties amongst the civilian population. >> because i know congressman, you've joined most of the democrats in criticizing the tiny far-right policies. but given the very sensitive talks over a potential ceasefire, fire and hosta

granted our schools have got a ways to go. granted we do. but i think you should always all never think just this. jim is in the school all the time all the time by what i type anything but the truth? i challenge the media every day over and over and over find it something that knowingly i have told you is not true. politicians do it nonstop. find something jim justices told you that is not true. you can't do it, you can't do it. now with all that being said think about the standard of life and think about our schools. here's the next thing i will absolutely challenge you to do. pick a school, i don't care at the school is pickup middle school pick in elementary school, go to the school walk into fourth grade class do this, please do the squawking to the fourth grade class and may beat ms. lily's class and ask ms. lily to come out in the hall lever out the hall is second go back and assayed the kids what you think of ms. lily? i will bet you overwhelmingly they say we love ms. lily. and then go out and ask ms. lily what she thanks of her stu

. >> big announcement, jim. i will be with the president tomorrow in arizona.available to intel to expand. they will be expanding eight facilities in four states doing leading-edge manufacturing right here in the united states. it is huge. it is a huge announcement. tens of thousands of jobs and most importantly, jim, you're there at nvidia, you talk about ai, the united states of america is getting back into the business of leading and semiconductor manufacturing. >> so, tell me, who will use these chips once they are made? >> whoever needs them. i mean, as you know, it takes 10, 20,000 leading-edge chips to train a frontier ai model. so, you know, microsoft, open ai, google, you know, military equipment, auto companies, i mean, chips are everywhere. anything digital requires chips, as you well know. these chips, they are ubiquitous now which is why we need them to be made in the united states. >> absolutely. i wanted to point that out. i think a lot of people feel that, perhaps, you are picking these companies more or less at random but i bumped into an old f

granted, our schools have a long ways to go. granted, we do. but you know, i think that you should always, i'll never forget justice. jim is in the schools all the time. all the time. why would i tell you anything but the truth? i challenge the media every day over and over and over and over. find something that knowingly, i have told you is not true. politicians do it nonstop. find something that jim justice has told you that is not true. you can't do it. you can't do it. now with all of that being said, think about the standard of life and think about our schools. here's the next thing i will absolutely challenge you to do. you got to pick the school, i don't care what the school is. pick a middle school, pick an elementary school. go to the walk -- go to the school. walk into the fourth grade class. please do this. it might be ms. lily's class and asked ms. lily to come out into the hall and go back in and said to the kids, what you think of ms. lily? and i will bet you overwhelmingly they say, we love ms. lily. and then, ask ms. lily, what

granted. our schools have a ways to go. but you know, i think we should always, all never forget this. jim is in the schools all of the time. all of the time. why would i tell you anything but the truth? i challenge the media every day, over and over and over and over and over, find something that knowingly i told you that is not true. politicians do it nonstop! find something that jim justice has told you that is not true. you can't do it. you can't do it. now, with all of that being saturday, think about that standard of life and schools, here is the next thing that i absolutely challenge you to do. pick a school. i don't care what school. pick an elementary school, go to the school. walk into the 4th grade class, do this, please, do this, walk into the 4th grade class, it may be miss lily's class and ask miss lily to go out in the hall and say to the kids, what do you think of miss lily and they will say i love miss lily and ask her about her students you will get the same thing. then, go downtown and say what do you thi

god granted a miracle. it would be beautiful for us and the family in honduras, we still have hope i know time is our worst enemy >> joining me now, jim hall, he is the former chairman of the national transportation safety board. jim, thank you so much. for being are you heard from at least one family members still holding out hope it is heart-breaking to even here and in a way we're all holding our breaths still. it just seems so surreal even now. but can you just tell me from your perspective what was the biggest thing that we learned tonight from the investigators? >> well, i think they're doing a very thorough job that we are in the factual factual part of the investigation and there was a lot of information released but it highlighted also what we don't know and that is who, knew who had the information when and when did the captain and the palate know the ship's problems hopefully we can look at that. and these recorders, but as was pointed out earlier these recorders do not provide the same type of i

that's something they haven't granted. and the tide you since his reelection well, wolf, i think it's it's i hope two things are going on. number one, it sends a signal that united states stands with israel and that we have not forgotten the horror that was visited on israel on october 7, and the necessity, the righteous necessity to make sure that hamas is not an operative force ever again, it also, and i imagined that behind closed doors this message was delivered is essential that the conflict in gaza, the israeli attacks in gaza happen in a different way than they have. these many months in a way that is much more consistent with the kind of humanitarian improvement we would like to see in gaza. and in which hamas is the target and in which there is much less damage done fatalities, casualties amongst the civilian population. >> because i know congressman, you've joined most of the democrats in criticizing the tiny house, far-right policies. but given the very sensitive talks over a potential ceasefire and hostage deal

the biden administration awa awarding intel nearly $20 billion worth of grants and loans. right now will receive $8.5 billion in grants but could get an additional $11 billion in loans. that would be to help it build out fab manufacturing, fab facilities here in the u.s. let's bring in jon fortt, because he has the man of the hour, pat gelsinger. jon? >> david, thank you. i am here in chandler, arizona, with pat gelsinger, the ceo of intel. big day for you. been waiting for this for a while. chips act funding. $8.5 billion. that's a lot of money, but shy of the $10 billion that some, maybe you, were hoping that you would get, and then there was this d.o.d. kind of $2.5 billion pullback headline. tell me, with this funding now, what's this going to do for the timetable for you for getting intel back to manufacturing leadership? >> well, we just say, this is an exciting day for america. it's an exciting day for the chips program. it's an exciting day for intel. behind us, the construction project, we're moving forward rapidly. and the facilities behind us, these need to come

also have to grant me an extra £50 a week in my pension. simply assume they can bribe us. >> those views coming >> we'll keep those views coming in. reflect many as we in. we'll reflect as many as we can throughout the program. but it is a day. it is finally it is a big day. it is finally here. of the dice for it is a big day. it is finally herechancellor. of the dice for it is a big day. it is finally herechancellor. or the dice for it is a big day. it is finally herechancellor. or isle dice for it is a big day. it is finally herechancellor. or is it dice for it is a big day. it is finally herechancellor. or is it maybe' the chancellor. or is it maybe that could be in november, spnng that could be in november, spring today on the spring budget today on the agenda £0.02 cut we're hearing to national insurance. yes. >> also possible tax cuts fuel duty frozen and possible changes to non—dom status as well. >> no, this will be an election budget, as was alluded to over the weekend. so the question is, will that be enough to turn things around

granted.k the nhs is moving in the right direction, albeit it and it will be by jim. >> jim, according to reports, paramedics are raising concerns that electric ambulances just aren't quite fit enough for purpose i.e. they could potentially fail to reach people in time. the amount of electricity that needs to be used will drain the battery very quickly , and they may not be quickly, and they may not be able to save lives at the same rate. surely that's not worth it. >> i hear what you're saying, emily, but you've got to be very careful in terms of where these reports come from. the emanate from the daily telegraph. i do a lot of lot of behind the scenes work and then put on their work and then put it on their their inside pages in terms of their inside pages in terms of the fear factor, in terms of these kind of evolutionary moves, in terms of the green industry, as i to you, this industry, as i said to you, this is evolution, not is an evolution, not a revolution. it used to be back in 1980s.