marija veitmane from state street stays with us.ay to brexit after the eu agreed a flexible, three-month extension, something boris johnson did not want to ask for. 12was denied a december general election. anna edwards has been following developments in london and maria tadeo is in brussels. great to have you on the show. anna, maurice johnson saying he will try again today to get an election. what can he expect? anna: he was defeated yesterday but will be back today with a different methodology, different strategy for getting an early election and potentially some different cooperation across the house. he lost yesterday's vote. he needed 2/3 of mp's. this tactic is a one line bill, a change of date to the next election. it has a very specific nature. it specifically mentions the day of the election, which might mean he will get more cross party support. the liberal democrats might come forward and support it as long as they are convinced there is no chance of no deal brexit in the meantime. they don't want to see the withdrawal a

marija veitmane from state street is still with us.he rate cut this week is not really a discussion. it is fully priced. if anything else were to happen, it would be a complete shock. does it jay powell need to put some really specific conditionality on further rate cuts beyond the one this week? marija: it is impossible to put myself in jay powell's issues -- powell's shoes. i think it is very important for him to stress, to leave optionality on the table. it would be unwise to kind of m ail your card. he has been telling us for a long time that the u.s. economy is slowing but not in a terrible state. it is doing ok. it is not going into recession by any means. it is slowing. what's very challenging and on predictable is trade policy -- unpredictable is trade policy. when the first insurance rate cut came about, they were talking about, we don't know what will happen with this trade deal. the longer we don't have a deal, the bigger drag to underlying economic growth. it makes sense for them to do some insurance cutting. on till and un

my guest, marija veitmane. and opening up the country to foreign investment, next.omberg. ♪ ♪ manus:manus: this is "bloomberg daybreak: europe." i am manus cranny in dubai. the international monetary fund. unpopular reforms. a finance minister said the nation is not committed to its own reform agenda with or without the imf -- is committed to its own reform agenda with or without the imf. future, still under consideration. we have not reached a conclusion with the imf. and i would say that our relationship was about continuing now and continuing in the future. however, i know that sometimes for our investors, to give them some sort of comfort that it is one way or another for future which gives a reflection about the egypt are happy toh we give comfort to our investors, but what i would say is we are determined to continue seeing egypt economy moving in the best or with monetary policy other items in the business , and over the last three years, we have made a very successful economic reform program. reporter: just to be clear, you do not see a need for a formal pro