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
Junction. The company is at a critical junction the company is at a critical junction. United states and china at the junction. United states and china at the moment junction. United states and china at the moment are i junction. United states and china at the moment are engaged in what we see a strategic competition. In the competition when two sides are competing to has to be only one when i. Foxconn wants to do business with both and they want to be with both and they want to be with both and they want to be with both winners, but they can only be one winner. find with both winners, but they can only be one winner. Only be one winner. And his first other only be one winner. And his first other interview only be one winner. And his first other interview with. First other interview with international media, young liu, foxconn s chairman, charts the companys survival. We foxconns chairman, charts the companys survival. Companys survival. We hope eace companys survival. We hope peace a
junction. the company is at a critical junction- the company is at a critical junction. united states and china at the junction. united states and china at the moment - junction. united states and china at the moment are i junction. united states and - china at the moment are engaged in what we see a strategic competition. in the competition when two sides are competing to has to be only one when i. foxconn wants to do business with both and they want to be with both and they want to be with both and they want to be with both winners, but they can only be one winner. find with both winners, but they can only be one winner. only be one winner. and his first other only be one winner. and his first other interview- only be one winner. and his first other interview with . first other interview with international media, young liu, foxconn s chairman, charts the company s survival. we foxconn s chairman, charts the company s survival. company s survival. we hope eace compan