I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us economy is in a good place and our Decision Today is designed to keep it there. More specifically the economy is growing at a solid pace. Inflation is coming down closer to our 2 objective over time and the Labour Market is still in solid shape. Our intention is really to maintain the strength that we currently see in the us economy. Lets bring in steven schoenfeld, ceo of financial Data Provider marketvectors here in New York. We see equities rallying today.
Champions league and we start this competition and the Champions League is the best competition in the world. Everyone i think is ready, wants to play, and hopefully it goes on the right direction. Goes on the right direction. Arsenal Winger Bukayo Arsenal Winger Bukayo Saka is available to saka is available to play in their Champions League play in their Champions League opener at atalanta. Opener at atalanta. Saka was taken off in saka was taken off in sundays north London Derby win sundays north London Derby win at tottenham with Arsenal Boss at tottenham with Arsenal Boss Mikel Arteta saying Mikel Arteta saying he could not continue. He could not continue. Captain Martin Odegaard Captain Martin odegaard has been ruled out with has been ruled out with a significant Ankle Injury a significant Ankle Injury which arteta hopes wont have which arteta hopes wont have too much of an impact too much of an impact on their perfomances. On their perfomances. He is ourcaptain, different rightdi
To face his former club. The rearranged Scottish Premiership game between rangers and dundee was called off earlier at dens park, due to a waterlogged pitch with second placed rangers accusing the home side of negligence and unprofessionalism. The surface was deemed 0k earlier, but heavy rainfall later in dundee meant the pitch was unplayable after a second inspection. The games been rearranged again for a week today, with rangersjust a point behind celtic, following sundays thrilling 3 3 derby draw at ibrox. And this is philippe clements sides game in hand over their city rivals. Liverpool Managerjurgen Klopp has urged fans protesting about Ticket Prices to support their team against the italian Side Atalanta in their Europa League quarter final first leg on thursday a Supporters Group has announced that therell be no flags in the kop end at anfield for the game, in protest against the clubs decision to increase the price of tickets. Klopp says he understands why the fans are upset. I