Deutsche Bank's mess & DiMartino Booth says Fed’s going nowhere
The top story: Japanese Prime Minister Shinzo Abe unveiled the stimulus package he hoped would give a strong boost to the economy. Elsewhere, GDP figures showed the British economy grew faster than expected in second quarter of the year, with growth coming in at 0.6%. Ameera David has details. Afterwards, Boom Bust’s Bianca Facchinei reports on the Fed’s latest monetary policy and what it signals about future policy. Then, RT Correspondent Marina Portnaya details how Donald Trump is busy attempting to woo Hispanic voters in Florida as Hillary Clinton finishes out the Democratic Convention as the first major party female nominee.
After the break, Ameera talks to Money Strong founder Danielle DiMartino Booth about the US and Japanese economies and the monetary policy response. And in the Big Deal, Ameera and Edward Harrison review the real difficulty that Deutsche Bank, Germany’s largest bank, is having.
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