thanks forjoining us from digital marketing agency croud. thanks.he next two hours, the central bank is widely expected to cut interest rates again. it will be the fifth cut in a row, as the country battles the weakest economic conditions in years. but will it do any good? here's jagdip cheema in mumbai. the reserve bank of india is widely expected to cut interest rates by 0.25% when it makes its announcement early on friday morning. that would leave the overall interest rate hovering just above 5%. another reduction would make it five consecutive rate cuts in a row, but many are questioning whether these cuts are actually having any effect. that's because some of the previous cuts haven't been passed onto consumers india's commercial banks. with the country's economy recording its slowest growth in six years in the second quarter, the central bank is under pressure to respond. close attention will also be placed on whether the rbi lowers its growth forecast for 2019. the last projection of 6.9% could be lowered. however, with inflation still below

police fired tear gas to disperse large crouds and closed the most popular nightlife district., hong kong granted the government its second injunction in -- injunction in a week, limiting online speech nd banning internet posts. and california's biggest utilities say they'll restore power to everyone by the end of day friday. winds fanned wildfire flames have begun to ease. the state governor said about 130,000 homes and businesses remained without power. several large fires are still burning across the state, but extreme safety warnings are due to be lifted. global news 24 hours a day on air and attic tock on twitter powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. ♪ >> thanks. a u.s.-china trade deal continues to move forward. but investors are still dissecting every piece of economic data to gauge the tariff wars' damage to the world economy. global economic policy -- bloomberg's economic and policy eporter is here. that's a rare uptick in the jobless rates in japan. what are the implications here? >> first of all, let's remem