Monitor Show 15:00 09-09-2023 15:00
Still a little bit above pre -pandemic levels, but getting closer around three and a half percent versus around three percent or so. And medium and longer term inflation expectations are basically where they were before the pandemic. That's John Williams, the president of the New York Fed, speaking exclusively to Bloomberg's Michael McKee. And that does it for this episode of Bloomberg Best. I'm Justin Milliner. Stay with us. Today's top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. World leaders at the G20 summit stopped short of condemning Russia for its invasion of Ukraine. Instead, they urged nations to respect each other's borders. In a closing statement issued Saturday, the leaders called for a just and durable peace in Ukraine. It added that any use or threat of use of nuclear weapons is inadmissible. The G20 declaration also called on Russia to reinstate the Black Sea Grain Initiative, which allowed Ukraine to export grain to help global food supplies. President Biden says the U .S. will provide assistance to Morocco following a deadly earthquake if requested. More than a thousand people were killed and hundreds more injured by Friday's magnitude six point eight earthquake. Biden issued a statement from the G20 summit in India today, saying he is deeply saddened by the loss of life and devastation. The Senate will start moving a package of government funding bills next week. Trey Thomas reports. This comes as Congress is racing to avoid a shutdown at the end of this month. The last thing Americans need right now is a pointless government shutdown. Senate Majority Leader Chuck Schumer said he expects the first votes on Monday. The top Democrat urged Republicans in the House to follow the Senate's lead.