we want to bring you some headlines we are getting on rupert stadler, former ceo of audi.tors are bringing charges against him for a legend fraud and false certification. this is all related to the diesel gate scandal. there have been allegations of a leastup as well, or at obstruction, so they are bringing charges on alleged false certification against rupert stadler, former ceo of audi. let's get to the federal reserve. the massive event today, widely expected to cut rates for the, first time in over a decade 25 basis point cut priced in. . here on set with me in berlin, jones,joined by richard he is a bloomberg mliv strategist, fx strategist. richard, what do you expect, and is there a possibility that we get a 50 basis point surprise? richard: i think the fed will deliver 25. in its statement, which i think is the key part of what happens later today, in their statement, they will probably validate the market pricing for the next 15-20 months. i think they will these cumulatively. i think the fed will be comfortable without anything that is what they will voice in thei