dali start, i went., because i was at a height, i just had to make out the crystal. well, when i became, here we are, the crystals began to tremble in my legs. i couldn’t unhook the latch, i pressed it and i just couldn’t get it out, my hands were wet, i slipped, i thought i couldn’t hold on enough. i walked confidently on pancakes when i approached. i’m already at the finish line and i’ve stopped with my eyes, but i can’t find it and they said i was a second late. dropped my confidence a little. but even though i missed the crystal, i still feel like a winner. if i praised and rejoiced, then i did well. you are not afraid of anything and the teams are playing, one crystal was earned by a member of the team that successfully passed this and received two crystals. the guys made up for well done. listen. well, the main thing is not to relax. yes , there is still fire ahead. well done, i'm glad to have done them. well done. we're going to set up what didn't work out in the air to score two crystal. this sti

economy are starting to weaken and the fed is going to signal the slight shift down to 50 basis points in december and beyond? >> they may. the only person that's, but i can recall as mary daly started to soft and the rhetoric a little bit, which is a bit different than having jay powell soft and the rhetoric. which created that sort of temporary pivot trade. what is most interesting to me is what is occurring with the balance rate. raising rates disincentivizes future lending and future borrowing, adds to the money supply. when you're talking about these assets, which off of the balance sheet, that liquidity is taken out of circulation immediately. so when you theory about the fed is that this is a controlled burn. they are going to keep going until they break something, because they have to actually find out where that threshold of liquidity exists, and they are not going to be able to do that until they see a meaningful crack. and i do think that they have their pivot plans. obviously the pivot during covid was historical. and they know they can pivot things very quickly. my new theory is the controlled burn theory. kathleen: but that theory could write investors along th

tim bullard and mary daly come about how much higher rates should go and when the debates should startwhat do you make of this? diana: it's clearly two different points of view at the fed and the question is how they will come together in the coming months? what i'm seeing from the fed communication speeches as they will do another outsized rate hike, 75 basis points and reduce the pace of those rate hikes by december. but raising height -- raising rates by 50 points is high. monetary policy has tightened significantly in the past few months and as well as financial conditions generally tightening in the u.s. economy as well. all of these key what if hikes will have an impact to the u.s. economy more so in 23, so it makes complete sense for the fed to slow down the pace of hikes when the inflation data is pointing down. shery: what about to other countries like japan? we are not expecting the boj to do much in terms of policy but it is further pressuring the yen. diana: a lot of these economies are in a difficult position because of what is happening to the u.s. dollar and, in the shor

card to watch the battle of outsiders you can broadcast live on tv channel belarus 5 starting whistle at 19:00. daliconomy news project tv news agency is also available in social networks and in our mobile application by qr code on the screen of a good day and see you at 8:00. to present the national exposition at the exhibition in turkey mtz will deliver tractors to the orenburg region belarus europe has started to waste gas reserves and one and belarus 24 economy news in the studio of svetlana lukenyuk. good morning. at the exhibition in turkey, the national marketing center will also conduct a business mission in istanbul, there will be an opportunity to establish contacts with turkish partners and visit, leading enterprises, industries of interest will also be presented. and the opportunity to hold b2b negotiations within the framework of a forum dedicated to belarus. let me remind you that turkey annually imports food and drinks worth about five. billion dollars decision to lend 14 projects on import substitution in belarus adopted today russia confirmed that it will allocate a loan of one and

starting to slow. that's easier than throwing millions of people out of work and those the first two ways, reduce vacancies and go to the pace of hiring. michael: mary dalythe president of the san francisco that stop you mentioned the jobs report, what do you want to see? >> what i'm hoping to see is that what mike context are telling me are starting to show through the data step they started telling me we are reducing vacancies. we are stopping our hiring intention was to now they tell me their slowing the pace of hiring step if that is showing up in the data, we would see a slower rate of job growth than we have seen. to me, that would mean monetary policy is working in the job market is slowing then that would be a welcome piece of news. i don't want to see people losing jobs but i would like to see the pace of job creation come more in line with labor force growth. michael: next week, we get the consumer price index. will we see it starting to level off or go down? >> i would've hoped we would have seen the progress already. the supply chain is starting to ease but we have not really seen it so far. i would like to see core prices either stay flat wo

mary daly says policymakers should start planning for smaller hikes of 25 or 50 basis points.sident -- chicago fed president charles evans says the fed will have to guard against overshooting on restrictive policy. south korea is pledging $45 billion to support credit markets under pressure from rising interest rates. the finance minister says korea will look to prevent a credit squeeze on corporate bonds and other short-term money markets. it is one of the biggest rounds of support for korean markets since the start of the pandemic. global news 24 hours a day, on-air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm paul allen. this is bloomberg. haslinda: still ahead, boris johnson says it wouldn't be right for him to divide the conservative party by running again for prime minister. that means the race is down to soon act. -- down to rishi sunak. a live update from london, next. haslinda: china and hong kong dragging down the rest of the region. the msci asia pac index pretty much lead the hang seng down by 40%, d

. >> live from campaign 2022 tonight, starting -- a debate between democratic governor gavin newsom and brian dali, hosted in san francisco. at 10:00 we had to washington state where democratic senator murray is up against tiffany smiley. we will show you a debate between the two candidates hosted at gonzaga university in spokane, washington. you can watch both debates

joining us now to get more into this is eimear daly, emerging-market macro strategist at natwest. i want to starth where roderigo left off. tell me about the swing factor of potentially a contested election if bolsonaro does go that route. eimear: that is a real risk for this. we think there is a little economic diversions between the two candidates even they face significant hardship in terms of economic realities. the risk is will we have an easy transition of power? markets right now are focused on what bolsonaro actually does. his silence at the moment is deafening. some media reports say that he will not contest this. we had reports on friday effectively saying that he would respect that one vote off the majority would see a handoff to his rival. definitely, a contested election would be the most negative for brazil. dani: this is interesting in terms of how a different president will change things because we have seen the rial, one of the best-performing currencies to date. is this bigger than the political story? eimear: these are very unorthodox candidates for different reasons, but in th

let's start with today, san francisco fed president mary daly speaking at 1:00 p.m., you got joe bidenent and vice president delivering remarks on the reproductive health care access, 3:30 p.m. eastern, you have a court hearing on whether alabama violated voting rights. tomorrow, what we have? alix: opec-plus meeting in person, this headline an hour ago as they look at 2 million barrels of oil a day cut according to delegates. the u.s. economic data is including services index, manufacturing's fell short so the service will be interesting as well heading into jobs friday. guy: there is one bigger event in all of this. we have been talking about this for months. [laughter] but it is finally happening. alix is getting a haircut. we talk about the pivot, this is dead. it is finally happening. the team are excited. alix: that graphic is amazing. we made fun of this because it has been five months, my roots are long i can ponytail my hair. guy: we are all very excited about this. alix: maybe of guys lucky i will stop complaining. guy: it picks up a lot of our meetings, the progression towar

november and 50 in december, then getting smaller and maybe even starting after the first quarter to reduce rates. but if you listen to mary dalye of the fed is not going to start reducing rates. it isn't enough for inflation to peak or for other central banks to do smaller rate hikes. they may slow down and do 25 basis point rate hikes next year , and then they will stop hiking. i don't know if it is going to be enough for the market bulls. we expect bond yields to come down, stocks rallying sounds like a possibility, but the fed for now is a long ways to go. haidi: we get the wind taken out of the sales of the stock bulls and bond bulls read are they taking a cue from the rba or the fed? kathleen: what we heard from adrian or, governor of the bank of new zealand, was that the rate of policy tightening is advanced. it is very mature. but he is expecting the fifth 50-basis point rate hike in a row, this central bank has been out in front of other central banks on they are expecting another one. it will be a terminal rate in terms of what the swaps market is looking for, 4.7%. the rbnz getting a more hawkish message here. inflat

daly are expressing views we tend to agree with. we think this comes to an end at the end of the year. we can easily see another cycle start later next year. >> tom, our very own anna wong in bloomberg was quite puncturing -- quite contrary and when she said 5% would be the policy rate in july. his 5% still going to be the peak? that still seems to be the consensus but could that change in the next week or month? >> it could change fast. we are right now 4.75 on funds as terminal. i have been saying to people that if we are wrong, the bigger risk to us being wrong is not that we are wrong by a hike or two. it is that we are wrong by several hikes. i think that is probably -- at least up until daily -- daly, and bullard, i think that have been a fairly reasonable risk given all the commentary we heard from the fed but as we have been saying, we think that for the most part, fed officials were trying to get on the same page as this relates to the narrative. the reality is economic activity is slowing down and the clip you played leading into our talking here is rights. the risk to the backdrop is you potentially see job loss

daly city police tell me the investigation is ongoing and there have been cases where suspects dress up like utility workers in the past. skyler has startedofundme to help with her grandma's recovery. you can find a link to it in this story at our website. moving on. tomorrow, san francisco street renamed after a man who was violently shoved and killed. the 84-year-old was attacked while on a walk in his neighborhood in january of last year. he was pushed to the ground, hit his head, and died from his injuries. community numbers -- members will rename the lane in his honor. the man charged with his death is now on trial. dan: no matter where you go, you will find the highest gas prices anywhere in the country. the price per gallon in california is almost double the national average. a reporter explains that governor newsom has a new plan now to help reduce costs. >> 1.3 gallons. reporter: on monday, gas prices in the bay area were more than six dollars per gallon. by friday night, some prices close to seven dollars a gallon. >> it is still going. how long have we been talking? it's nuts. you can't comprehend this. reporter: he works in co

and lael brainerd was the first one to pick up on this she's the start of the dovish developing dissenters and it's now translated out to daly, evans, george for other reasons, but there's a constituent i that wants to slow the space. >> listen, there was a great note out by data trek research i made it my rbi on webcast tomorrow morning which is, this is one of the most volatile periods in the last 20 careers for the stock market in terms of more than 1% moves over a given number of days we had a great early spring rally. then summer was absolutely terrible now we're rallying again it's been highly volatile. and what their point was there, nick colas and them doing some great work is that that will not stop until the fed stops sounds like you will agree with that and i'm so sick of talking about the fed, barry, every day, right? but, we have to. >> when you look at the correlation across asset classes, walking every morning and look at what the dollar is doing, if it's up, so are bond yields stocks are down, commodities are down that correlation is so intense and it's all because of the fed. and it's the -- how the fed impa

november meeting before debating if smaller hikes are warranted starting in december this meshes with comments from san francisco fed president mary daly that the fed saying a slower pace of hikes should be considered jeff, it's great to have you with so much fast-moving action and expectations in the bond market here. did today's, i guess, the hints that the fed is looking, perhaps, for an opportunity to slow things down change the picture much at all? it seems like it's in sync with what they told us in september but maybe the market had moved ahead of it. >> i don't think there's anything new there we were discussing this across the desk today and this is about inflation buying this is a week we didn't get new inflation data but next week we do again every week is something we're getting here the comments are consistent with what the fed has been telling us they're telling us that they're going to hike, they're following what the market has priced in and the market has another 175 basis points priced into the next meeting doesn't seem like they're slowing down much. all those being conveyed there, we're probably not going to do a bu

daly city police tell me the investigation is ongoing and there have been cases where suspects dress up like utility workers in the past. skyler has startedofundme to help with her grandma's recovery. you can find a link to it in this story at our website. moving on. tomorrow, san francisco street renamed after a man who was violently shoved and killed. the 84-year-old was attacked while on a walk in his neighborhood in january of last year. he was pushed to the ground, hit his head, and died from his injuries. community numbers -- members will rename the lane in his honor. the man charged with his death is now on trial. dan: no matter where you go, you will find the highest gas prices anywhere in the country. the price per gallon in california is almost double the national average. a reporter explains that governor newsom has a new plan now to help reduce costs. >> 1.3 gallons. reporter: on monday, gas prices in the bay area were more than six dollars per gallon. by friday night, some prices close to seven dollars a gallon. >> it is still going. how long have we been talking? it's nuts. you can't comprehend this. reporter: he works in co

that's the reason i'm so glad to be joined by mary daly, the president and ceo of the san francisco federal reserve. good morning. >> good morning. >> let's startnd other central banks keep rising rates and global inflation. and also saying the most vulnerable in developing countries. do you share those concerns? >> so, the first thing that we need to recognize, people are already suffering, their suffering from the high toll indignity of high inflation. they go to the store and can't afford things from last month. what the federal reserve has said, we're committed to this, we're committed to getting inflation down and reducing the pain that so many families are experiencing. now, we do that by raising interest rates of course, and the interest rate increases slow the economy. and they do have spillover effects on currencies and other countries but central banks no matter where you are, are meant to create policy for the nation they serve. and then we have to be aware of how this affects the global economy because that's part of the puzzle. >> i want to frame our inflation discovery with a bit about you that viewers don't know. you grew up in m

daly. she talked about how the cpi data was disappointing. in one area we're going to finish on a high. >> it has been a mixed bag this morning. the turnaround started to happen around 10:00 this morning. future expectations fell but the inflation picture higher on the five to 10 year and the one year. all of that contributing to a selloff in the equity market. the nasdaq getting hit the hardest. yields up by only three basis points. banks are reporting, that was a mixed bag and we had a huge rally that confused everybody yesterday. i have to point out again what is happening with the dollar-yen. we don't talk about it every day, it is approaching 149. we have not seen this level in 32 years. i don't see it getting any better. if the bank of japan has to do something different and sell treasuries to support its currency, then what happens to the 10 year? side note, back to the u.k.. >> we need to talk more about the u.s. data as well. the u.k. prime minister liz truss holding a press conference at downing street. this after she ousted the chancellor. jeremy hunt was named as his replacement. >> i want to be honest, this is difficult. we will get thr

start. the dollar strengthening. more fed hawkish in us. the san francisco fed mary daly says the bar is high for slowing the pace of tightening. >> ics as raising to a level that we believe is restrictive enough to bring inflation down. and then holding it there. >> and oil extending after opec agrees to the largest cuts of 2020. the u.s., slamming the decision as shortsighted. >> we can see at the start here snapping a two-day rally. what is driving that is this coming back into the markets now that this narrative had been building toward the peak of rates for the fed. -- what's really driving that is this broader understanding coming back into markets now that this narrative that had been building at the peak of rates for the fed are the major central banks, that is really overdone. we are not nearing any sort of policy pavement. that is being reflected in what we are seeing in yields this morning, looking like this. particularly seeing the moves in the long-duration 10 year. also a sign of recession for years generally that remain front and center for traders. let's t

start picking it up, it is hard to stop . >> reporter: jim and anna helped organize the first beach cleanup in 1997 and cofounded the pacific beach coalition. today, weekly cleanups from dalyy to half moon bay and foster city. >> it is so disappointing and frustrating and confusing. we don't understand coming to enjoy a beautiful day at the beach and then just leaving your trash. >> reporter: the coalition's president for the past 15 years sees the impact. >> this speech was considered a dump and it was a dump. nothing monumental, today. >> reporter: the coalition of nearly 10,000 volunteers collected nearly 28,000 pounds of trash to recycle, this year. that is from nearly 1300 cleanup events the nonprofit has organized or inspired. and a day of giving, she shares with dozens of volunteers the joys of environmental stewardship . >> i think there is a consciousness that has always been there but being able to live here is really nice. >> reporter: volunteers discover what jim did, the secret to keeping the beaches clean. >> if they see it clean, they are more likely to keep it clean. it is heartening to see a clean beach that we can come and enjoy . >> there is also somethi

start picking it up, it is hard to stop. >> reporter: jim and anna helped organize the first beach cleanup in 1997 and cofounded the pacific beach coalition. today, weekly cleanups from daly city to half moon bay and foster city. >> it is so disappointing and frustrating and confusing. we don't understand coming to enjoy a beautiful day at the beach and then just leaving your trash. >> reporter: the coalition's president for the past 15 years sees the impact. >> this beach was considered a dump and it was a dump. nothing monumental, today. >> reporter: the coalition of nearly 10,000 volunteers collected nearly 28,000 pounds of trash to recycle, this year. that is from nearly 1300 cleanup events the nonprofit has organized or inspired. and a day of giving, she shares with dozens of volunteers the joys of environmental stewardship. >> i think there is a consciousness that has always been there but being able to live here is really nice. >> reporter: volunteers discover what jim did, the secret to keeping the beaches clean. >> if they see it clean, they are more likely to keep it clean. >> reporter: and that is a victory for everyone. >> it is heartening to see a clean beach

daly city. yes, security video actually shows one of the attackers dressed as utility workers. we've got kron four's amanda hari speaking with the victim's family. >> what startedwednesday morning for this grandmother watering her flowers quickly turned into one the scariest moments of her life. the woman's granddaughter schuyler says the family is worried about their safety. she asked us not to reveal the family's last name security video shows this white kia pulling up to the home. then 10 minutes later, a man identifies himself as a pg. any worker knocking on the door. he was wearing a ski mask and skyler says her grandmother didn't trust him. she went to the backyard, trying to get away. but that's when 2 other men hopped the what happened next is? >> she tried to escape out the front door and that is where you can see in the video footage. >> a man dressed as the pg e worker preventing her from leaving out the front door and you can hear her screams as they her reason. barker screams kind of cut out is because they choked her to prevent her from calling for help. the men ransacked the house kicking in this video. you can see them carrying her grandmother's

daly city. in fact, it was caught on security camera. so the footage actually shows the attack is one of them dressed as utility worker. >> kron four's amanda hari with a closer look. >> what startedpical wednesday morning for this grandmother watering her flowers quickly turned into one of the scariest moments of her life. the woman's granddaughter schuyler says the family is worried about their safety. she asked us not to reveal the family's last name security video shows this white kia pulling up to the home. then 10 minutes later, a man identifies himself as a pg. any worker knocking on the door. he was wearing a ski mask and skyler says her grandmother didn't trust him. she went to the backyard, trying to get away. but that's when 2 other men hopped the what happened next is? >> she tried to escape out the front door and that is where you can see in the video footage. >> a man dressed as the pg e worker preventing her from leaving out the front door and you can hear her screams as they her. the reason larger screens kind of cut out is because they choked her to prevent her from calling for help. the meu ransacsed the house kicking in this video. you can see them carrying her

daly city. no security camera footage shows the attackers. one of them dressed as utility worker. >> we've got crawford's amanda hari with more on what happened and also speaking with the victim's family. >> what startedrandmother watering her flowers quickly turned into one of the scariest moments of her life. the woman's granddaughter schuyler says the family is worried about their safety. she asked us not to reveal the family's last name security video shows this white kia pulling up to the home. then 10 minutes later, a man identifies himself as a pg. any worker knocking on the door. he was wearing a ski mask and skyler says her grandmother didn't trust him. she went to the backyard, trying to get away. but that's when 2 other men hopped the what happened next is? >> she tried to escape out the front door and that is there. you can see in the video footage. >> a man dressed as the pga new worker preventing her from leaving out the front door. and you can hear her screams as they her. the reason barker screams kind of cut out is because they choked her. >> to prevent her from calling for help. the men ransacked the house kicking in this video. you can see them carrying her grandmother's things out

said in february before the start of russia's special operation in ukraine at the then munich security conference. he said that ukraine absolutely needs a nuclear bomb. daliventive nuclear strike on the russian federation a day later, he had to refute himself, he said that you misunderstood me by a preventive nuclear strike. i meant just sanctions, time has passed, and the day before he openly said, yes, nuclear strike. yes, preferably in the center. yes, the best thing is for the kremlin, let's do it, my dear friends of the north atlantic alliance . concerning the use of nuclear weapons, i will make a jump look. i'll give an example. you and i are sitting and hearing constant calls that russia should strike at the center of decision-making, at the center of decision-making, how the world should respond and strike. look, if you hit the banks then there will be a blow where you are, where you are. i am that you are so angry that you are forced even through if you do this, you should know that in a second, despite the result of your blow, there will be a blow to your decision in your state. crossing all borders, zelensky is asking, now he is actually beggin

daly city, getting on north dont to 80 right near that planet fitness there. you see a lot of activity because of a motorcycle wreck. 8 20. let's talk about the cloudy startlso drizzly in some area and we also have some missed and we take you outside right now where we have a little bit of hes looking out towards the oakland temple there, just right off of lincoln avenue. its official name is actually the oakland california temple. and it was established back in 1962 , and it's pretty shrouded in some fog this morning. this ability has been improving and the petaluma area than the fog plays tag again. down to six miles there, agent santa rosa as well as in half moon bay, improving visibility now in tracy temperatures across the board from the fifties. oakland is at 52 santa rosa 51. it is now nearly 60 and throughout san jose, there would have been under 10 mph all morning, but these winds will pick up 5 to 15 and be more of an onshore push later this afternoon, you'll notice that fog bank well right now it's about 1000 ft deep, and it's just hanging tight to the coach. and look what's going on in southern california have been monitoring thunderstorms blo

that little stretch in daly city, and while you get through the area of the freeways also obviously open to 80 years. a good alternate their cemetery bridge. i noticed it started crowded, heading out to the peninsula. when we come back, we'll take a look at some of the peninsula and also some of the south bay commutes that have a couple of issues there. 6 39. let's bring steve back in talk about today's weather. sal. thank you, sir. big fog bank has returned. in fact, yesterday morning we were looking at the fog offshore. not today. it's gonna roaring back in making a pretty good push over the bait, even for some inland areas, reducing visibility for a few. most of it favors. marin county, north nevada airport, petaluma airport, a quarter mile visibility and santa rosa sonoma county airport. also a quarter mile after that, it seems okay, but there are a few pockets of some fog, probably on the bridges as well. so we re introduced the fog sand. it'll be nice fog returns onshore breeze in place sonny inland. sixties seventies and eighties, but a nice pattern this weekend and going into early this week here last friday conquered was 91 then dropped big time on th

daly was saying. and he comes at a time when people are seeing a punitive level of inflation that is hurting lower income brackets. jonathan: great fun, lisa. lisa: have a great one. jonathan: post-pandemic startsck around. we'll yield a little later to -- really yield a little later too. lisa: i'm looking forward to hearing what marty walsh has to say. you have been parsing through the data, what have you discovered in terms of some of the nuances? mike: we looked at what happened with the unemployment rate, but the interesting thing is, we did see a seasonal effect in education. state and local education lost 21,000 jobs, which is going to be seasonal, because in september everybody comes in. they did not hire quite as many people as they thought. so we probably would have had a little bit bigger number, but we did have a big again in august, and maybe some of the school districts have moved their business to august, moved the start of school year to august. then retail sales, retailers gained only 1000 jobs. even though service-producing jobs were up 206 to 4000, most of it comes in temporary help in business services. so maybe companies are doing the opposite of what they do when the econom