Guterres has called for the immediate and unconditional release of hostages by hamas. Now on bbc news, path to the presidency. I actually realised im picking up it is water, i promise you, it is not, you know, 11. 1i7am in the morning and ive already hit the wine. Although, after the week weve all had, i could well do. Hi, ladies, great to see you today. I have to say, im joining from the Bureau Today here in washington, dc, and you are missing an unbelievable array of sweets and cakes, and bits and pieces, because everyone is out travelling at the moment in Swing States and all over the place. And theres that great tradition of bringing goodies back for the team, and its like a sweet shop at the moment. Caitriona, i have tried over and over again to convince people to bring back carrots or celery, or something healthy. Yeah, good luck with that it never happens i actually realised im picking up it is water, i promise you, it is not, you know, 11. 1i7am in the morning and ive already h
Yeah, good luck with that it never happens i actually realised im picking up it is water, i promise you, it is not, you know, 11. 1i7am in the morning and ive already hit the wine. Although, after the week weve all had, i could well do. Ijust happened to be in a Hotel Room, and this is literally the only glass they have in the Hotel Room. I like how you roll, katty, i like how you roll. Its actually vodka which is what we need to get through this election campaign. You do you. Well, welcome to the path to the presidency, everybody. Every week, well get together to talk about this crazy election and bring you our thoughts from the week that weve all been having out on the campaign trail, in the bureau with the candy, but always the worst wi fi. Caitriona, well done, you, for soldiering through. If only people realised how long it took us to get you up the internet. The comms in a comms building. Yeah, the comms in a comms building. Yeah and im actually in New York, where im having a ver
In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Federal Reserve has delivered a super sized Interest Rate cut aimed at bolstering the us Labour Market. The 0. 5 percentage cut, the first in over four years, brings its key Interest Rate, the federal funds rate, down to between 4. 75 and 5 . It comes amid Signs Inflation in america is continuing to fall, while the Job Market remains strong, even as unemployment h
Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank in cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a Percentage Point bringing it down to between 4. 75 and 5 . A drop larger than many expected with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Fede
Caution at the Bank Of England. It keeps Interest Rates on hold but the governor tells us they are optimistic that Borrowing Costs are on the Path Down. Over on Wall Street though the party is back on. Shares hit a new Record High as the fed says the economys in a good place despite Itsjumbo Rate cut billion dollar breaks Australias Economy rides a wave of interest in surfing. It is the government fully with the sport . All those puns to come a little later in the programme. We start here in the uk where the bank of England Governor Andrew Bailey has said Interest Rates are now gradually on the Path Down despite the Banks Decision to keep the cost of borrowing on hold today. The banks main rate was left at 5 after it was cut last month for the first time in more than four years. The bank ratcheted up Interest Rates to try and control inflation which hit a peak of 11. 1 back in 2022. Since then inflation has been brought down significantly its sitting just above the banks target curre