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
To become the next us president have finally met and finally debated. Donald trump and Kamala Harris strode the stage in the Swing State of pennsylvania, for what turned out to be a fierce clash with claims, many of them false, hurled in each direction. Topics included the economy, abortion and immigration. It was a Prime Time showdown which often turned personal. We have been monitoring the Opinion Polls as the pollsters try to track how the two fared, but both candidates and the campaigns are claiming that they came out best. Moments after the debate, Donald Trump entered the Spin Room to telljournalists hed won the night. Our senior North America Correspondent Gary Odonoghue was watching the debate in philadelphia. The abc News President ial debate. Here now, David Muir and linsey davis. Good evening. Im David Muir, and thank you forjoining us for tonights abc News President ial debate. Not just the first debate for these two as president ial candidates, but the first time these two
The two candidates vying to become the next us president have finally met and finally debated. Donald Trump And Kamala harris were on stage in the Swing State of pennsylvania, for what turned out to be a fierce clash, with claims, many of them false, hurled in each direction. Topics included the economy, abortion and immigration. It was a prime time show down, which often turned personal. And while Pollsters Crunch their data to work out how the candidates performances went down with voters, both campaigns are claiming they came out best. Moments after the debate, Donald Trump entered the spin room, insisting tojournalists that hed won the night. Our senior North America Correspondent Gary Odonoghue was watching the debate in philadelphia. The abc News President ial debate. Here now, David Muir and linsey davis. Good evening. Im David Muir, and thank you forjoining us for tonights abc News President ial debate. Not just the first debate for these two as president ial candidates, but th
Good afternoon. Welcome to the Bbc News at One. The us president ial candidates, Kamala Harris and Donald Trump, have clashed in their first debate of the election campaign. The pair sparred over immigration, abortion and the economy and traded attacks over each other S Record in government. Vice president harris called the former president a laughing stock on the world stage, and said hed be manipulated by dictators if he returned to the white house. Donald trump criticised american Military Aid to ukraine, as well as accusing Kamala Harris of having no economic plans. Our senior North America Correspondent, gary odonoghue, has the story. The abc News President ial debate. Here now, David Muir and linsey davis. Good evening. Im David Muir and thank you forjoining us for tonights abc News President ial debate. Not just the first debate for these two as president ial candidates, but the first time these two have ever met. That was about as friendly as it got as they came to debate in p