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		<title>Eyeing an Indiana victory, Trump says, &#8216;It&#8217;s over&#8217;</title>
		<link>https://ubiqtv.com/eyeing-an-indiana-victory-trump-says-its-over/</link>
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		<pubDate>Mon, 02 May 2016 01:15:29 +0000</pubDate>
				<category><![CDATA[US Election 2016]]></category>
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					<description><![CDATA[<p>By Steve Holland and Valerie Volcovici WASHINGTON (Reuters) &#8211; Front-runner Donald Trump said on Sunday that he will have essentially sealed the Republican U.S. presidential nomination if he wins Tuesday&#8217;s contest in Indiana, where he holds a big lead over chief rival Ted Cruz. A new NBC/Wall Street Journal/Marist opinion poll showed Trump with a [&#8230;]</p>
<p>The post <a href="https://ubiqtv.com/eyeing-an-indiana-victory-trump-says-its-over/">Eyeing an Indiana victory, Trump says, &#8216;It&#8217;s over&#8217;</a> appeared first on <a href="https://ubiqtv.com">Ubiq TV | English News Channel</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>By Steve Holland and Valerie Volcovici</p>
<p><strong>WASHINGTON (Reuters)</strong> &#8211; Front-runner Donald Trump said on Sunday that he will have essentially sealed the Republican U.S. presidential nomination if he wins Tuesday&#8217;s contest in Indiana, where he holds a big lead over chief rival Ted Cruz.</p>
<p>A new NBC/Wall Street Journal/Marist opinion poll showed Trump with a wide lead in Indiana, 49 percent to 34 percent for Cruz and 13 percent for a third candidate, Ohio Governor John Kasich.</p>
<p>Trump, a 69-year-old billionaire real estate developer, sounded confident in an interview on &#8220;Fox News Sunday&#8221; when asked whether Indiana would basically end the long-running Republican race in his favor.</p>
<p>&#8220;Yes, it&#8217;s over,&#8221; Trump said. &#8220;It&#8217;s already over.&#8221;</p>
<p>The poll showed the depth of the challenge facing Cruz, a conservative U.S. senator from Texas who is trying to prevent Trump from winning the 1,237 delegates needed to seal the nomination.</p>
<p>Cruz&#8217;s hopes rest on emerging as a consensus alternative to Trump at the Republican National Convention in Cleveland on July 18-21. Former U.S. Secretary of State Hillary Clinton, 68, leads U.S. Senator Bernie Sanders, 74, of Vermont in the race for the Democratic nomination.</p>
<p>On NBC&#8217;s &#8220;Meet the Press,&#8221; Cruz, 45, was asked several times whether he would support Trump if the New York businessman was the Republican nominee. Cruz evaded the question each time and turned the questions into an attack on broadcast media.</p>
<p>“I recognize that many in the media would love to see me surrender to Donald Trump because that means that Hillary wins. The media has given $2 billion in free advertising to Donald Trump,&#8221; Cruz said.</p>
<p>Cruz said he has momentum in Indiana based on his choice of former candidate Carly Fiorina for his vice president and Friday&#8217;s endorsement by Indiana Governor Mike Pence.</p>
<p>Americans will elect a successor to President Barack Obama on Nov. 8.</p>
<figure id="attachment_2014" aria-describedby="caption-attachment-2014" style="width: 3500px" class="wp-caption alignnone"><img fetchpriority="high" decoding="async" class="size-full wp-image-2014" src="http://ubiqtv.com/storage/2016/05/2016-05-01T230122Z_1_LYNXNPEC4014Q_RTROPTP_4_USA-ELECTION-TRUMP.jpg" alt="U.S. Republican presidential candidate Donald Trump speaks during a campaign rally at the Allen County War Memorial Coliseum in Fort Wayne, Indiana, U.S., May 1, 2016. REUTERS/Kamil Krzaczynski" width="3500" height="2437" /><figcaption id="caption-attachment-2014" class="wp-caption-text">U.S. Republican presidential candidate Donald Trump speaks during a campaign rally at the Allen County War Memorial Coliseum in Fort Wayne, Indiana, U.S., May 1, 2016. REUTERS/Kamil Krzaczynski</figcaption></figure>
<p><strong>&#8216;THE MOST UNELECTABLE PERSON&#8217;</strong></p>
<p>Trump, who has amassed 996 delegates, according to an Associated Press count, has momentum behind him and looks increasingly likely to win the nomination outright, without a contested convention, perhaps when California votes on June 7.</p>
<p>Indiana has 57 Republican delegates. Three are awarded from each of the state&#8217;s nine U.S. congressional districts with the candidate who receives the most votes taking them all. The 30 others are awarded to the candidate who wins the most votes statewide.</p>
<p>At a rally in Terre Haute, Indiana, Trump urged Republicans to join his &#8220;movement&#8221; and turn out for him in big numbers.</p>
<p>&#8220;The more we can win by in Indiana is so important. It’s a mandate &#8230; a really important mandate. It’s a mandate for change, but not Obama change. Real change. It’s a mandate for genius,&#8221; he said.</p>
<p>U.S. Senator Lindsey Graham of South Carolina, a leading Republican critic of Trump, called him the &#8220;most unelectable person&#8221; the party could nominate. Graham had sought the nomination himself.</p>
<p>&#8220;Keep fighting Ted,&#8221; Graham told CBS&#8217;s &#8220;Face the Nation.&#8221;</p>
<figure id="attachment_2013" aria-describedby="caption-attachment-2013" style="width: 3500px" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-2013" src="http://ubiqtv.com/storage/2016/05/2016-05-01T230122Z_1_LYNXNPEC4014L_RTROPTP_4_USA-ELECTION-TRUMP-PROTEST.jpg" alt="Mexican and U.S. flags are seen under an inflatable effigy of Republican presidential candidate Donald Trump during a march at an immigrant rights May Day rally in Los Angeles, California, U.S., May 1, 2016. REUTERS/Lucy Nicholson" width="3500" height="2334" /><figcaption id="caption-attachment-2013" class="wp-caption-text">Mexican and U.S. flags are seen under an inflatable effigy of Republican presidential candidate Donald Trump during a march at an immigrant rights May Day rally in Los Angeles, California, U.S., May 1, 2016. REUTERS/Lucy Nicholson</figcaption></figure>
<p><strong>CLINTON URGES SANDERS QUIT</strong></p>
<p>On the Democratic side, front-runner Clinton told CNN’s “State of the Union” that rival Bernie Sanders has been “helpful” in bringing millions of people into the party&#8217;s presidential race, but it was time for him to step aside.</p>
<p>&#8220;There comes a time when you have to look at the reality,&#8221; said Clinton, who won four of the five Northeastern states that voted last Tuesday and who has a big lead in the delegate race ahead of the Democratic National Convention in Philadelphia on July 25-28.</p>
<p>But at a news conference in Washington, Sanders refused to get out, saying he believes the Democratic battle will end up in a contested convention.</p>
<p>Sanders said it was nearly impossible for Clinton to win the 2,383 delegates needed for nomination without superdelegates, who are unelected and free to support any candidate they wish. &#8220;We intend to fight for every vote and delegate remaining,&#8221; he said. Clinton has 2,165 to Sanders&#8217; 1,357 delegates, according to an AP count that includes superdelegates who have said whom they support.</p>
<p>In his Fox interview, Trump defended at length his views on foreign policy, which he outlined in a speech last week in Washington that drew criticism for sometimes contradictory views. Trump said he would move quickly to destroy Islamic State&#8217;s militancy, but would resist interventionist policies in order to focus on nation-building at home.</p>
<p>Trump said &#8220;every move we made in the Middle East was wrong&#8221; over the past 15 years, with lives and money wasted. He said he would resist such policies.</p>
<p>Asked whether the United States should return to working with &#8220;strongmen&#8221; leaders like the late Iraqi President Saddam Hussein, Trump said: &#8220;Isn’t it too bad that we knocked him out in the first place?&#8221;</p>
<p><em> (Additional reporting by David Lawder; Editing by Howard Goller)</em></p>
<p>The post <a href="https://ubiqtv.com/eyeing-an-indiana-victory-trump-says-its-over/">Eyeing an Indiana victory, Trump says, &#8216;It&#8217;s over&#8217;</a> appeared first on <a href="https://ubiqtv.com">Ubiq TV | English News Channel</a>.</p>
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		<title>Fed to sit tight on rates at March meet, hint at hikes to come</title>
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		<pubDate>Mon, 14 Mar 2016 21:21:40 +0000</pubDate>
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					<description><![CDATA[<p>By Ann Saphir SAN FRANCISCO (Reuters) &#8211; The Federal Reserve won&#8217;t raise interest rates this week, but will likely make clear that as long as U.S. inflation and jobs continue to strengthen, economic weakness overseas won&#8217;t stop rates from rising fairly soon. That will be a big change from the last time the Fed met, [&#8230;]</p>
<p>The post <a href="https://ubiqtv.com/fed-to-sit-tight-on-rates-at-march-meet-hint-at-hikes-to-come/">Fed to sit tight on rates at March meet, hint at hikes to come</a> appeared first on <a href="https://ubiqtv.com">Ubiq TV | English News Channel</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>By Ann Saphir</p>
<p><strong>SAN FRANCISCO (Reuters)</strong> &#8211; The Federal Reserve won&#8217;t raise interest rates this week, but will likely make clear that as long as U.S. inflation and jobs continue to strengthen, economic weakness overseas won&#8217;t stop rates from rising fairly soon.</p>
<p>That will be a big change from the last time the Fed met, when uncertainty over the impact of slower growth in China and Europe drove policymakers to signal it would stay on hold until it could make a better call on the outlook.</p>
<p>That in turn was a setback from just a month earlier, when the Fed raised rates for the first time in nearly a decade and seemed ready to move four more times this year.</p>
<p>This week, fresh forecasts from the Fed&#8217;s 17 officials released after the meeting will almost certainly signal a retreat from that pace, to perhaps two or three rate hikes this year, economists predict and Fed officials themselves have suggested.</p>
<p>But the expected downgrade may largely reflect the drag from the oil and stock market slide in January and the Fed&#8217;s decision then to put policy on hold, rather than mounting worries over the U.S. or global outlook.</p>
<p>Indeed, since the last Fed meeting U.S. inflation has shown signs of stabilizing, with one measure published by the Dallas Fed rising to 1.9 percent, its closest to the Fed&#8217;s 2 percent goal in 2-1/2 years. Meanwhile, the U.S. unemployment rate held at 4.9 percent in February, near the level many Fed officials believe represents full employment.</p>
<p>The European Central Bank&#8217;s decision last week to ease policy further may help add to confidence that action has been taken to underpin growth in Europe, helping ensure a stalling of global growth drag on the U.S.</p>
<p>That could mean another U.S. rate hike by mid-year and, depending on economic data, more to come after that.</p>
<p>&#8220;June seems certainly like a possibility&#8221; for the Fed&#8217;s next rate hike, said former Minneapolis Fed President Narayana Kocherlakota, whose own preference is for the Fed to take out &#8220;insurance&#8221; against a recession by cutting rates back to near zero. Market-based inflation expectations have improved somewhat since the Fed&#8217;s last meeting, he said, &#8220;a real positive&#8221; development.</p>
<p>INFLATION DEBATE</p>
<p>Still, Kocherlakota&#8217;s former colleagues will likely spend plenty of time discussing the inflation outlook. That much was clear last week, when two top Fed officials, speaking simultaneously at separate Washington events, gave diverging assessments of recent evidence of rising prices.</p>
<p>More hawkish rate setters worry that if the Fed does not act to preempt inflation, it could end up behind the curve and lose credibility, while the more dovish members believe the economic recovery is still fragile and want to see firm evidence of inflationary pressures.</p>
<p>&#8220;That’s probably internally the biggest grounds for debate,&#8221; said Regions Financial Corporation economist Richard Moody.</p>
<p>The Fed will also need to tackle how to characterize the &#8220;balance of risks&#8221; to their baseline outlook, he said, particularly if policymakers want to keep the door open to rate hikes in April or June.</p>
<p>&#8220;If they truly want the markets to believe that all the meetings are on the table (for a potential rate hike) then I would think they have to have something in there,&#8221; Moody said, predicting they will characterize risks as &#8220;nearly balanced,&#8221; the same phrase they used before December&#8217;s rate hike.</p>
<p>And yet, others say, Fed Chair Janet Yellen will be wary of sending too strong a signal of coming rate hikes, for fear of roiling markets.</p>
<p>&#8220;By June they will have a broad clutch of data and that could help them, and even some of the doves the Federal Open Market Committee, to come to a solid conclusion (on the desirability of a rate hike) and a conclusion, by the way, that the market agrees with,&#8221; said Quincy Krosby, a market strategist for Prudential Financial.</p>
<p><em>(Reporting by Ann Saphir; Editing by Meredith Mazzilli)</em></p>
<p>The post <a href="https://ubiqtv.com/fed-to-sit-tight-on-rates-at-march-meet-hint-at-hikes-to-come/">Fed to sit tight on rates at March meet, hint at hikes to come</a> appeared first on <a href="https://ubiqtv.com">Ubiq TV | English News Channel</a>.</p>
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