Two days ahead of Ida's expected arrival, President Biden has approved a request from the Governor of Louisiana, John Bel Edwards, to declare a state of emergency; we get analysis from Dakota Smith, a meteorologist and satellite data analyst at the Cooperative Institute for Research in the Atmosphere at Colorado State University. And the head of the US Federal Reserve, Jerome Powell, has addressed the virtual meeting of central bankers at Jackson Hole. We hear reaction from Chris Low at FHN Financial.