At TFL, we're making journeys safer for everyone, and that includes improving safety on London's roads.

That's why we and London boroughs are lowering more speed limits to 20 miles per hour,

because 20 miles per hour roads have already reduced collisions resulting in deaths or

serious injuries by 24%. That is how we're making journeys in London safer and brighter for everyone.

Such TFL improvement plan to the Mayor of London and TFL every journey matters.

This is CBS. I am the world. I'm John Bachelors. The Federal Reserve meets within days. We'll

have the announcement the middle of next week. Right now, however, we can anticipate some things.

And Jim McTague, former Washington editor of Berence has been to this rodeo many times.

The raising of expectations or the lowering of expectations for the whole year done by all of

the smart analysts on Wall Street and around the world. Jim, a very good evening to you.

Striking to me is the revisions for expectations at the end of the year.

January, there was the assumption at the end of 23 and July. There's the assumption at the end of

23. Uniformly, everyone has raised their expectations. Most notably, the most conservative

of these, Piper Sandler, raised their expectations for the S&P 500, 32, 25, and January that was

their belief. Now it's 3,700. Today, the S&P 500 closed at 45 and a half, 45, 36.

The largest expectation by the end of the year I'm reading here is the Credit Suisse at 4,700,

which is not much higher than here. What are these expectations? What are these predictions?

How are they used on Wall Street, Jim? Good evening to you.

A good evening, John. I think they're pretty much used to sell the gullible public

on the alleged expertise of these stock market gurus. Obviously, there's a boom work

because the public is convinced that the Fed will end in January a soft landing, meaning it will

squeeze inflation or most inflation out of the economy that will have an inflation rate of 2%.

...